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Raajmarg Rises in Debut After Largest India IPO of Year

IPOs & SPACsEmerging MarketsInfrastructure & DefenseMarket Technicals & FlowsInvestor Sentiment & Positioning

Raajmarg Infra Investment Trust raised 60 billion rupee ($649M) in its IPO, the largest in India so far this year, and its units jumped as much as 8% on their trading debut. The strong debut signals healthy investor appetite for infrastructure-focused listings in the Indian market.

Analysis

Raajmarg Infra Investment Trust raised 60 billion rupee ($649M) in its IPO, the largest in India so far this year, and its units jumped as much as 8% on their trading debut. The strong debut signals healthy investor appetite for infrastructure-focused listings in the Indian market.

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Market Sentiment

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moderately positive

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