Can Jio and NSE IPOs repeat Maruti feat? (opens original article in a new tab)

US and Indian IPO markets prepare for major listings, with US AI-focused IPOs in a strong market mood while India's Jio and NSE IPOs face a less enthusiastic environment, aiming to rekindle foreign investor interest.

• US IPOs like OpenAI and Anthropic are in a strong market mood driven by AI enthusiasm
• Jio and NSE IPOs face a less enthusiastic market with stagnant returns in India
• Historical comparison to Maruti Suzuki's 2003-04 IPO suggests different market conditions today
• Jio and NSE IPOs aim to rekindle foreign investor interest in Indian markets
• IPO valuations are expected to be more sober compared to US counterparts