Are India's capital markets making a comeback? #india #shorts
Bloomberg Television·2025-07-02 23:00

Market Trends & IPOs - India's capital market is experiencing renewed activity, with four companies debuting this week [1] - These companies raised over $17 billion (Note: This seems to be a typo in the original document, likely meant to be $1.7 billion) [1] - HTB Financial, a shadow lending unit of HTFC Bank, had the largest offering since Hyundai Motor India's $33 billion (Note: This seems to be a typo in the original document, likely meant to be $3.3 billion) IPO in October [1] - LG Electronics is considering an IPO for its India unit as early as September, potentially accelerating market momentum [3] Investment & Capital Flows - Block trades worth $5 billion powered share sales to a five-month high in May [2] - The return of foreign investors last quarter contributed to the increase in share sales [2] - Revival of Chinese markets is enticing global funds away from India [3] Market Drivers & Concerns - A larger-than-expected rate cut from India's central bank has fueled market returns [2] - Bets on a trade deal with Trump have also contributed to market returns in India [2] - Slow earnings growth and rich valuations are identified as potential worries [2]