India was the world's busiest IPO market in 2025, but several companies have paused listing plans this year. Global brokers Nomura and Citi cut their 2026 Nifty 50 targets, citing the Iran war which they expect will slow India's economic growth and pressure corporate earnings. This is a cautionary signal for India equity allocations and upcoming IPO pipelines.
India was the world's busiest IPO market in 2025, but several companies have paused listing plans this year. Global brokers Nomura and Citi cut their 2026 Nifty 50 targets, citing the Iran war which they expect will slow India's economic growth and pressure corporate earnings. This is a cautionary signal for India equity allocations and upcoming IPO pipelines.
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