India’s IPO market is poised for substantial growth, potentially adding $1.3-1.5 trillion in market capitalization over the next 7-10 years, driven by strong domestic investor participation. Jefferies India highlights the increasing role of domestic institutions in IPO anchor books and Sebi’s supportive regulatory measures. While FIIs express concerns about valuation mismatches, AI is expected to enhance efficiency in documentation processes.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on