Funds raised through equity shoot up 42.7% in August
Equity issuance raised Rs 15,698 crore in August 2023 up from Rs 11,000 crore in July 2023, while debt issuance raised Rs 48,836 crore down from Rs 54,269 crore a month ago, according to the Securities and Exchange Board of India Bulletin.
Funds mobilised through equity issuance shot up by 42.7 per cent in August 2023 compared to July, while the amount raised through debt issuance fell by 10 per cent over the same period.
Equity issuance raised Rs 15,698 crore in August 2023 up from Rs 11,000 crore in July 2023, while debt issuance raised Rs 48,836 crore down from Rs 54,269 crore a month ago, according to the Securities and Exchange Board of India Bulletin released on Friday.
Also Read: Forex kitty drops USD 867 million to USD 593.037 billion
Funds raised through IPOs jumped by close to 42 per cent to Rs 5,124 crore in August from Rs 3,610 crore in July, while those on the mainboard rose by 46.3 per cent to Rs 4,646 crore from Rs 3,175 crore in the preceding month.
Also Read: SBI raises Rs 10,000 crore through infra bond sale
The monthly bulletin also stated that in August, the Nifty and Sensex fell by 2.5 per cent month-on-month while the market capitalisation of NSE and BSE rose marginally by 0.8 per cent and 1.0 per cent, respectively.
The average P/E ratios of S&P BSE Sensex decreased to 23.9 and that of Nifty 50 to 22.4 in August compared to July levels.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
10:10 PM IST