India’s equities exodus – the country’s ambivalent relationship with ECM explained

2 September 2010 | 3 minutes read

Indian investors’ appetite for equity remains lacklustre, despite a rally in the Sensex from a crisis low of 8,000 to its current level of about 18,000. Money has been coming into equities but it’s been largely institutional cash. Retail investors have remained on the sidelines, reflecting a general disenchantment with Indian equities following the crash in 2008. “The stock market…

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