BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown.

IPO debut, opening at Rs 1,934 against the IPO price of Rs 1,960. Despite initial performance, strong fundamentals and strategic focus support long-term potential.

Hyundai Motor India Ltd has made a mark on the Indian automotive industry by becoming the fifth most valuable automaker in the country, boasting a market capitalization of over Rs 1.59 lakh crore following its recent listing.