Investors are turning wary of crowded India trade after run-up

Earnings misses, the attractiveness of rival markets amid expectations of a dovish policy shift by the Federal Reserve and a nascent recovery in Chinese equities are casting doubts over India extending a rally that saw the nation’s main gauges posting a record eighth straight year of gains in 2023.

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I-Banks reap big bucks in share sale deluge

India’s ECM volumes surged past $70 billion in 2024, overtaking major markets like China and Japan and cementing its position as the world’s second-largest ECM

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