Equity fundraising may soar to a record despite the pandemic2 min read 07 Aug 2020, 07:16 AM IST
Foreign investors, flush with liquidity unleashed by global central banks, have shown strong interest in lapping up equities in emerging markets
This week alone, four companies launched share sales totalling over ₹26,000 crore, including mortgage lender HDFC Ltd and Axis Bank Ltd
India’s equity capital market is buzzing with fundraising activity, setting 2020 on course to become the best year on record for share sales. Easy liquidity and an uncertain future have prompted many companies to stock up on cash now rather than later, even as the larger economy creaks under the weight of the coronavirus pandemic.
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