Indiawas among the top five markets, globally, in
terms of equity fundraising despite the quantum of funds raised
declining by 43 per cent. According to a report byKotak
Investment Banking, funds to the tune of $16.4 billion were
transacted via equity capital market (ECM) activity in India in
2022.
Rahul Raj
Indias outperformance comes on the back of a sharper decline in ECM activity in major markets such as theUnited Kingdom,AustraliaandDEFENCE/”>Japan. ECM activity globally took a hit on account of heightened volatility amid rising interest rates.