✉news BusinessMarkets first seen 3 d ago, last 3 d ago, peak #3
Reliance Jio Aims to Break India's Mega-IPO Losing Streak
Original: Jio Looks to Break India Mega-IPO Jinx With a Strong Stock-Market Debut
Reliance Jio is betting its stock-market listing can succeed where recent large Indian IPOs have stumbled. Ambani's telecom arm is expected to seek one of the biggest debuts on Indian exchanges, and investors are watching whether it can revive appetite for mega-issues after a string of underwhelming listings in Asia's third-largest equity market. Market watchers are debating its valuation and what a strong or weak debut would signal for India's IPO pipeline.
Why now: India has seen several high-profile IPOs disappoint lately, so Jio's prospective debut is a test case for investor sentiment.
Reliance JioReliance IndustriesMukesh AmbaniIndia
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