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Indian firms raise record $25 billion despite stock 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 in equity in the first half of the year, Reuters reports, bucking a broader slump in the country's stock market. The half-year fundraising total is the highest on record, showing continued investor appetite for Indian equities even as share prices have fallen.

Why now: The record fundraising contrasts sharply with the ongoing stock market downturn, making it notable news for investors.

IndiaIndian companiesReuters

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