The total market capitalisation of all BSE-listed stocks at the end of the trading session on Thursday touched an all-time high figure of Rs 328.33 lakh crore, which translates to $3.94 trillion. To hit the landmark of $4 trillion, India now needs to add just about Rs 5 lakh crore to its market cap (keeping the USD rate steady at 83.3).
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next