Indian real estate company DLF made a strong trading debut in Mumbai yesterday, highlighting investors’ eagerness to buy exposure to what is still an underrepresented sector on the country’s bourses. Financial Times

Shares of DLF, which raised $2.25bn in India’s largest initial public offering last month, rose 8.6% above their issue price of Rs525. The Benchmark stock index, which has been edging towards record highs over the past week, closed down 0.12%.