Market views: are asset owners eyeing Indian equities?
Financials and healthcare have been spotted as promising sectors, while several tech IPOs are on the way, including a $2.2 billion fintech firm and a GIC-backed e-commerce startup.
Structural reforms, a stable economic outlook (pandemic notwithstanding), and an IPO boom are fuelling a stock market rally in India that analysts say could have Indian equities post their strongest performance since 2017.
The BSE (Bombay Stock Exchange) Sensex closed 69.33 points (0.12%) higher at 58,247.09 on Tuesday (September 14) while the Nifty 50, which comprises the 50 largest Indian companies on the National Stock Exchange, rose 24.70 points (0.14%) to 17,380.00, after hit…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.