Sundar Sethuraman
 "Sundar Sethuraman")
Sundar Sethuraman
Sundar Sethuraman covers equity markets and investment banking. Starting his career as a desk hand, he moved to a reporting role in 2016 and has worked in New Delhi, Mohali and Mumbai. He stumbled into journalism after wasting his prime in the bylanes of Trivandrum. He manages an Instagram page about his home town in memory of his flaneur days. He prefers political news over spectator sports and peppers his conversations with film references, and has read more blurbs than books. A keen explorer of Mumbai's food scene, he is the go-to resource for restaurant recommendations in Business Standard's Mumbai office.
Sundar Sethuraman covers equity markets and investment banking. Starting his career as a desk hand, he moved to a reporting role in 2016 and has worked in New Delhi, Mohali and Mumbai. He stumbled into journalism after wasting his prime in the bylanes of Trivandrum. He manages an Instagram page about his home town in memory of his flaneur days. He prefers political news over spectator sports and peppers his conversations with film references, and has read more blurbs than books. A keen explorer of Mumbai's food scene, he is the go-to resource for restaurant recommendations in Business Standard's Mumbai office.
Sundar Sethuraman
Markets gain on US Federal Reserve rate cut; trim weekly losses
Riding on the 25-bp rate cut, global risk appetite improves
 "Markets gain on US Federal Reserve rate cut; trim weekly losses")
Meesho shares close 53% above issue price on debut; valued at ₹76,814 crore
Meesho shares listed at a 45 per cent premium and ended 53 per cent above the issue price, after its IPO was subscribed 79 times and raised Rs 5,421 crore for growth plans
 "Meesho shares close 53% above issue price on debut; valued at ₹76,814 crore")
Markets, spooked by Fed uncertainty, post biggest drop in two months
BSE market cap shrinks ₹7 trillion as FPIs weigh on sentiment
 "Markets, spooked by Fed uncertainty, post biggest drop in two months")
Telecom and energy stocks stop November from ending on a flat note
Without them, foreign portfolio investor flows would have gone off-key
 "Telecom and energy stocks stop November from ending on a flat note")
Mainboard IPOs score a century for the first time after 18 years
Riding on favourable valuations, strong DII participation, IPO proceeds to cross ₹1.7 trn mark
 "Mainboard IPOs score a century for the first time after 18 years")
Rupee weakness clouds outlook for FPI flows; earnings revival key
Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years
 "Rupee weakness clouds outlook for FPI flows; earnings revival key")
Retail investors sell ₹23,000 crore in two months as markets rally
The retreat from direct equities contrasts with continued inflows from domestic institutional investors
 "Retail investors sell ₹23,000 crore in two months as markets rally")
A rally leaning too far: A Jenga-high market with a wobbling base
ADR falls to 0.89 - November's gains now balance on a shrinking block of stocks, the lowest since February
 "A rally leaning too far: A Jenga-high market with a wobbling base")
Street Signs: Flexicaps lead MF space; IPO street set to buzz again
Flexible equity schemes top assets and inflows as investors turn cautious in a patchy market
 "Street Signs: Flexicaps lead MF space; IPO street set to buzz again")
The primary rush: Annual IPO haul set to hit ₹1.6 trn milestone next week
India's IPO market is on track to surpass last year's record haul, with fundraising likely to cross Rs 1.6 trillion and the number of issuances hitting their highest level since 2007
 "The primary rush: Annual IPO haul set to hit ₹1.6 trn milestone next week")
On the upswing: Equity benchmarks gain for third consecutive month
Rotation out of AI stocks, strong Q2 earnings and FPI buying helped markets hit 14-month highs despite valuation worries
Sensex and Nifty scale fresh highs, but end flat on profit booking
Both indices had hit previous intraday highs on Sep 27 last year
 "Sensex and Nifty scale fresh highs, but end flat on profit booking")
Rate-cut expectations lift benchmark equity indices to near peak levels
Renewed expectations of December rate cuts by the Fed and RBI lifted sentiment, sending the Nifty near a record close and giving indices their strongest single-day rise in five months.
 "Rate-cut expectations lift benchmark equity indices to near peak levels")
Street Signs: Smallcaps miss the lift, Nifty faces its Rubicon test, more
Analysts credit this underperformance to retail and high networth investors shifting attention towards initial public offerings (IPOs) and lingering valuation concerns in smallcaps
 "Street Signs: Smallcaps miss the lift, Nifty faces its Rubicon test, more")
Nifty falls 24 points and Sensex 203 points short of the new peaks
Nifty and Sensex closed Thursday near record highs, boosted by banks and Reliance, with analysts expecting the rally to continue on supportive domestic and global cues
 "Nifty falls 24 points and Sensex 203 points short of the new peaks")
Sensex reclaims 85K: India indices near peak as global AI rally fades
Investors reallocate funds to traditional IT services firms
Fresh high: IPO secondary sales rocket towards ₹1 trillion this year
66% of total IPO fundraising has been via OFS since 2015
 "Fresh high: IPO secondary sales rocket towards ₹1 trillion this year")
India could be the beneficiary of anti-AI rotation trade: CLSA's Redman
Redman said India's investment appeal hasn't improved much over the last 12 to 18 months, although its trading is now cheaper following the correction during this period
 "India could be the beneficiary of anti-AI rotation trade: CLSA's Redman")
Benchmarks rise for sixth straight session; Nifty reclaims 26K peak
Nifty Midcap 100 strikes new highs
 "Benchmarks rise for sixth straight session; Nifty reclaims 26K peak")
Street Signs: Nifty claws towards 26,500, IPO ticker tape parade, and more
With total fundraising in 2025 already exceeding ₹1.5 trillion, the market is within striking distance of last year's record of ₹1.59 trillion
 "Street Signs: Nifty claws towards 26,500, IPO ticker tape parade, and more")
