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India’s IPO market in doldrums as virus fears, oil price war spook investors

By Ankit Doshi

  • 12 Mar 2020
Premium
India’s IPO market in doldrums as virus fears, oil price war spook investors
Credit: VCCircle

More than two dozen Indian companies that have been preparing to float initial public offerings are caught in a perfect storm as the worldwide spread of the coronavirus and an oil price war have rattled stock markets. Benchmark Indian stock indexes plunged around 5% on Thursday and entered the bear territory—defined ......

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