✉news BusinessMarkets first seen 16 h ago, last 1 h ago, peak #7
Indian firms raise record $25 billion in equity despite market slump
Original: Indian firms defy stock market slump with record $25 billion half-year equity fundraise
Indian companies have raised a record $25 billion through equity offerings in the first half of the year, bucking a broader stock market downturn, according to Reuters. The half-year fundraising total marks an all-time high, showing continued investor appetite for Indian equities even as share prices have slumped.
Why now: The record fundraising total contrasts sharply with falling stock prices, making it a notable surprise for market watchers.
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