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Blockbuster IPO week sees Tata Capital and LG Electronics oversubscribed
Tata Capital and LG Electronics IPOs saw heavy oversubscription, reflecting bullish investor sentiment.
Indian primary markets witnessed massive retail and institutional participation in the Tata Capital and LG Electronics India IPOs. Both issues were oversubscribed within hours of opening, underlining investor optimism despite muted index moves. Fund managers cite robust domestic liquidity and a strong credit outlook as key drivers. Analysts say India’s vibrant IPO pipeline highlights deepening investor confidence and resilience amid global volatility. (Times of India)