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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.
About 595 of the top 1,000 stocks are in the red year to date, led by a small-cap rout; experts say an earnings revival and better results are key for a broad-based rally
Equity benchmarks rose on Monday led by IT and banking stocks, amid hopes of foreign inflows on expectations of lower US rates, though FPIs remained net sellers during the session
FPIs pulled out ₹17,823 crore from Indian equities in early December, with heavy selling in financials and IT, while oil & gas and metals saw selective buying
A cautious global risk environment ahead of key US macroeconomic data releases later this week further curbed investor appetite for equities
30 big swings in H1, just 3 in the second half
Strong domestic growth and infrastructure spending could help the Sensex deliver 10-11% annual returns, barring major geopolitical shocks, says Alphaniti's U R Bhat
Riding on the 25-bp rate cut, global risk appetite improves
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
BSE market cap shrinks ₹7 trillion as FPIs weigh on sentiment
Without them, foreign portfolio investor flows would have gone off-key
Riding on favourable valuations, strong DII participation, IPO proceeds to cross ₹1.7 trn mark
Corporate earnings growth is estimated to be in high single digits for this fiscal and in mid-teens for the next two financial years
The retreat from direct equities contrasts with continued inflows from domestic institutional investors
ADR falls to 0.89 - November's gains now balance on a shrinking block of stocks, the lowest since February
Flexible equity schemes top assets and inflows as investors turn cautious in a patchy market
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
Rotation out of AI stocks, strong Q2 earnings and FPI buying helped markets hit 14-month highs despite valuation worries
Both indices had hit previous intraday highs on Sep 27 last year
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.
Analysts credit this underperformance to retail and high networth investors shifting attention towards initial public offerings (IPOs) and lingering valuation concerns in smallcaps