India IPO Boom: Foreign Investors Shift From Secondary To Primary | Jefferies Forum 2026

Foreign investors have pulled out a staggering $25 billion from Indian equities this year, but is the tide finally turning? In this exclusive interview on Business Today TV, Sakshi Batra and Abha Bakaya sit down with Jibi Jacob, Head of Equity Capital Markets, India, Jefferies, to decode the massive FII selloff and the underlying macro headwinds like crude oil and currency fluctuations. Despite the secondary market volatility, India's primary market is witnessing a historic boom. Jacob explains how upcoming jumbo IPOs and massive block deals driven by private equity exits could add $1.5 trillion in market capitalization over the next few years. Discover why manufacturing is dominating capital raises and what this means for retail investors today.