Market- cap of stocks listed on BSE surpasses $4 trillion
In the past three months, India’s overall market capitalisation has gained 8.82%, the highest growth among the top 10 markets. Currently, India contributes 3.61% of the world’s market capitalisation, which has increased from 3.37% at the beginning of the year.
IREDA debuts at 56% premium, closes 87% higher
The IREDA stock, which began the trading day at a 56% premium to the issue price at ₹50 a share, ultimately ended the day locked at the upper circuit – at ₹59.99 apiece.
Japan’s Mizuho lines up Rs 4,100 crore for India
Piyush Agarwal, senior managing director, Mizuho India, said the fresh capital infusion will help the bank raise corporate limits, increase loan ticket sizes and step up structured finance options instead of plain vanilla financing the bank was doing in the country so far.