๐ India's equity deals hit $10 billion in August
Nearly $10 billion in equity deals were priced in August, significantly boosting India's capital market performance. This activity was spearheaded by the government's massive $3.2 billion sale of LIC shares. The figures reflect strong local mutual funds, retail investor involvement, and the return of global funds. This momentum could support major offerings expected from NSE and Jio Platforms later this year. Meanwhile, the nation's $5.1 trillion secondary market continues to show subdued performance.