MUMBAI (NewsRise) -- Indian stocks may be struggling to regain momentum, but one segment of the market has been in top form: initial public offerings.
An array of offers in the so-far untapped high-growth sectors such as healthcare is luring both foreign and local investors, who have lapped up a number of IPOs with sales being subscribed many times over. The Indian unit of Vodafone is among the companies readying blockbuster share sale, as they bet that investor appetite will remain robust in coming months.
