Funding and debt▲ Bullish for Indian equities
Domestic banks gain share in India’s equity dealmaking as fundraising surges
The brief
- Kotak Mahindra Capital reclaimed the top position, working on 45 deals through September-end
- It captured a 9.5% market share
- Rising deal activity may support fee income for Indian investment banks
- Indian banks' Q2FY27 earnings seen rising 11%; FCNR deposits may weigh on margins: Kotak
- Defence stock gets an upgrade from Kotak but execution risks temper return expectations
- $100/barrel crude on screen, $145/barrel in physical market: Kotak Securities sees two prices