India’s record equity markets now have a particular flavour: Local bankers, who are taking the lead and on charge
of local investors.
Indian funds and retail buyers of equity have knocked overseas investors off the leader-board this year, and the biggest beneficiaries of the changing trend have been local investment banks.
Four of the top five on the league-table for equity markets deals by volume and value in the six months to June are local banks. Unlike their global peers, IIFL, Kotak or SBI Caps have capitalized on the strong demand from domestic institutional investors — insurance companies and mutual funds — and from companies riding the boom to unlock value through share or bond sales.
of local investors.
Indian funds and retail buyers of equity have knocked overseas investors off the leader-board this year, and the biggest beneficiaries of the changing trend have been local investment banks.
Four of the top five on the league-table for equity markets deals by volume and value in the six months to June are local banks. Unlike their global peers, IIFL, Kotak or SBI Caps have capitalized on the strong demand from domestic institutional investors — insurance companies and mutual funds — and from companies riding the boom to unlock value through share or bond sales.
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