Dec 2012, the kindest month for equity issues

Dec 22 2012, 10:47 IST
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SummaryThe season of merriment has brought joy to the primary markets. Equity fund raising via public issues has helped India Inc garner more than R13,000 crore so far this December ó the highest in the history of Indian equity markets.

said Prithvi Haldea, CMD, PRIME Database.

According to Bank of America-Merrill Lynchís December fund manager survey, confidence in global economy will extend to 2013. It said global markets would strengthen next year as fiscal cliff fears ease. UBS and JP Morgan too are bullish on India, expecting markets to outperform next year.

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