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Tech IPO Surge Drives Indian Stock Market to Record Highs in February

Summary

India’s stock market hit record highs today, propelled by a wave of tech IPOs that attracted massive investor interest. The benchmark Sensex rose 1.5% as companies in software and

India’s stock market hit record highs today, propelled by a wave of tech IPOs that attracted massive investor interest. The benchmark Sensex rose 1.5% as companies in software and fintech sectors debuted on the exchange. Notably, FinTech startup PayServe raised $500 million, marking the largest IPO this year. Market analysts attribute the bullish trend to strong domestic demand and improving global economic indicators. Bloomberg reported that this momentum could sustain through Q2 as more startups prepare to go public.
Feb 16
Tech IPO Surge Drives Indian Stock Market to Record Highs in February

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