The US initial public offering market received a much-needed boost, with India travel site MakeMyTrip generating the best first-day gain in three years and rental housing software firm RealPage rising 32%.

MakeMyTrip closed up 89% on its debut, the best performance since Athenahealth rose 97% in September 2007, according to Dealogic. MakeMyTrip easily bypassed former 2010 champ Financial Engines's 44% pop in March.