 "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
IT stocks plunge on renewed AI fears after biggest rally in a year
The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment
 "IT stocks plunge on renewed AI fears after biggest rally in a year")
AI optimism sparks biggest single-day IT rally in a yr as outlook brightens
Tech stocks lead market rebound after four-day slide
 "AI optimism sparks biggest single-day IT rally in a yr as outlook brightens")
India most attractive global market over 4-5-year horizon: Ridham Desai
India's economy has improved over the past two quarters, but compared to markets like the US, Korea, Taiwan and even Japan, growth still looks less compelling
 "India most attractive global market over 4-5-year horizon: Ridham Desai")
Market breadth positive for second straight month despite volatility
According to BSE data, the advance-decline ratio (ADR) stood at 1.06 in May, with 2,498 stocks gaining and 2,352 declining, even as the Sensex fell nearly 3 per cent during the month
 "Market breadth positive for second straight month despite volatility")
Sensex, Nifty slide 1.5% as MSCI rejig triggers late-hour market selloff
Benchmark indices posted their steepest fall in over two weeks as MSCI rebalancing triggered heavy passive fund outflows and a sharp late-session selloff
 "Sensex, Nifty slide 1.5% as MSCI rejig triggers late-hour market selloff")
Capital market firms post robust Q4 growth despite MTM-related drag
Kotak Institutional Equities said strong retail flows, trading activity and client additions supported earnings growth despite MTM-related pressure
 "Capital market firms post robust Q4 growth despite MTM-related drag")
Retail investors double down on equities amid West Asia conflict
In April alone, they snapped up shares worth ₹19,664 cr, recording their biggest buy since Oct '24
 "Retail investors double down on equities amid West Asia conflict")
Nifty Midcap 100 hits all-time high even as Sensex, Nifty slide
Midcap stocks outperformed benchmark indices as domestic investors continued to favour the segment despite geopolitical tensions and sustained foreign investor selling
Hormuz hopes: Crude oil cools, sparks relief rally in rupee, D-St
The Sensex ended at 76,489, up 1,074 points or 1.4 per cent, while the Nifty closed at 24,032, gaining 312 points or 1.3 per cent
 "Hormuz hopes: Crude oil cools, sparks relief rally in rupee, D-St")
Street Signs: Oil calm, boardroom scrutiny and NSE's surveillance push
Strong earnings and election results lifted markets, but rising US-Iran tensions, governance concerns and tighter NSE surveillance kept investors cautious
 "Street Signs: Oil calm, boardroom scrutiny and NSE's surveillance push")
Markets decline on fresh US-Iran hostilities, trimming weekly gains
Indian equity indices fell on Friday as renewed hostilities between Iran and the US weighed on sentiment and pushed crude oil prices close to $100 per barrel
 "Markets decline on fresh US-Iran hostilities, trimming weekly gains")
Midcap index scales all-time high despite flat close for benchmarks
Strong domestic participation and improving global risk sentiment lifted midcap stocks to record highs, even as benchmark indices closed largely unchanged
 "Midcap index scales all-time high despite flat close for benchmarks")
Retail trading is becoming more disciplined, says Upstox CEO Ravi Kumar
Upstox CEO Ravi Kumar says retail investors are becoming more discerning and risk-aware, with trading behaviour shifting from momentum-driven bets to more disciplined strategies
 "Retail trading is becoming more disciplined, says Upstox CEO Ravi Kumar")
One year of Op Sindoor: Defence stocks surge amid geopolitical tensions
Defence stocks rally on geopolitical tensions and policy push, but analysts caution that near-term upside may be priced in despite strong long-term prospects
 "One year of Op Sindoor: Defence stocks surge amid geopolitical tensions")
Election results give Indian markets reason to cheer amid global risks
Brokerages see policy continuity and stronger political stability after state poll outcomes, but caution that global risks, oil prices and currency pressures may weigh on markets in the near term
 "Election results give Indian markets reason to cheer amid global risks")
Kerala restores the power pendulum: Anti-incumbency drives UDF win
Congress-led UDF sweeps Kerala Assembly polls, ending LDF rule in a landslide verdict, while BJP opens its account with three seats, signalling a gradual expansion
 "Kerala restores the power pendulum: Anti-incumbency drives UDF win")
Swinging back: Advance-decline ratio highest since June 2020, shows data
Broader markets outperformed. The Nifty Midcap 100 climbed 13.6 per cent, which was its best showing since November 2020. While, the Nifty Smallcap 100 surged 18.4 per cent, the highest since May 2014
 "Swinging back: Advance-decline ratio highest since June 2020, shows data")
Cash volumes rebounded but F&O trades fell after STT hike in April
BSE's share in notional turnover crosses 50% for the first time
 "Cash volumes rebounded but F&O trades fell after STT hike in April")
Markets, rupee slide as oil hits 4-year high; Brent surges to $126/barrel
Equities close in the red but post best monthly gains since Dec 2023
 "Markets, rupee slide as oil hits 4-year high; Brent surges to $126/barrel")
Q4 earnings hope lifts markets, but rising crude prices cap gains
Sensex, Nifty end higher on earnings optimism, but gains capped by surge in crude oil prices amid West Asia tensions
 "Q4 earnings hope lifts markets, but rising crude prices cap gains")