India: HNIs, retail investors get wary of IPOs amid market jitters

India
Pedestrians as seen in an alleyway in Jaipur, India. Photo: Annie Spratt/Unsplash

The turmoil in the stock markets has made retail and high net-worth investors (HNI) wary of initial public offerings (IPOs), leaving institutional investors to do the heavy lifting to see share sales through.

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