Demand for Indian equities still robust

ICICI Securities head of investment banking, J Niranjan, talks about why neither high Indian equity capital markets valuations nor competition is keeping him awake at nights.

Indias Sensex peaked at 11,931 on April 7 before moving south, losing almost 6% in the week beginning April 10 and closing at 11,539 on Monday, April 16. There is a feeling in the region that issuers are pricing paper too aggressively, especially as a correction seems due. J Niranjan, head of investment banking at ICICI Securities, explains why he disagrees.

Recent new issues have been difficult to sell, leading to concerns that competition for mandates could be pushing...

To continue reading, please login or register for free

Click for more on: icici securities | niranjan | india

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...