India will continue its ECM bull run

Citi''s Indian head of ECM explains why 2006 is shaping up to be another record breaking year for equity issuance.

In recent weeks India's stock markets have staged a remarkable comeback after falling 10% over the course of two weeks in October. The Sensex has shot back past 9,000 and those who argued that India was entering a sustained downward trajectory are having to re-think their strategy. Here Ravi Kapoor, managing director and head of equity capital Markets for India at Citigroup, offers his views on issuance trends and market direction in 2006.

How has 2005 been for equity capital raising by Indian companies

This has been a good year with the quantum of fund raised standing at $12 billion year to early December, including local and...

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