The exuberance of Indian stock markets is well-timed when it comes to confidence, the all-important ingredient of economic growth. In the last few years, the rapid growth of the Indian startup sector spread optimism among the wider business community. During 2020-22, when the economy was roiled by Covid and consequent lockdowns, the rise in the number of unicorns at a fast clip did much to spread cheer - and some jealousy - in the business community.
India Business News: The market for initial public offerings (IPO) in India is turning into a feeding frenzy. The amount of money raised in IPOs this year has reached $8.8
Read more about You feel numb : India s markets keep rising as traders cope with Covid-19 on Business Standard. Booming markets have left industry swamped with work at a time when many employees have been sickened by the virus.