MUMBAI -- Hyundai Motor India shares fell 7.1% on their debut on the Indian bourses on Tuesday, after the company raised $3.3 billion in the nation's biggest IPO and the second-largest globally this year.
Fall tracks auto sector slump but some analysts see long-term growth for company

Chairman Chung Eui-sun, center, celebrates the listing of Hyundai Motor Group's Indian unit on Oct. 22. (Photo by Takanori Okabe)
MUMBAI -- Hyundai Motor India shares fell 7.1% on their debut on the Indian bourses on Tuesday, after the company raised $3.3 billion in the nation's biggest IPO and the second-largest globally this year.