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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.
Rallying for a second straight session, the 30-share BSE Sensex jumped 1,577.63 points, or 2.1 per cent, to settle at 76,734.89
Buoyant global mkts could propel domestic equities for 2nd trading session in a row
With up to 18 months to go public after Sebi's approval, companies can time their listings to align with favourable market conditions, avoiding the pitfalls of premature exposure
Despite the rally, benchmarks ended the week 0.3 per cent lower
Market players said gains in Indian equities may not match those in Europe or Japan, as local indices had not declined as steeply in recent sessions
Uncertainty about global growth may add to market turbulence
Sensex and Nifty bend, but don't break under the reciprocal import duties announced by the US
The Sensex rose 593 points, or 0.78 per cent, to end at 76,617, with HDFC Bank and ICICI Bank accounting for half of the gains
In March, individual investors pulled out over Rs 15,000 crore-most since data is available
Sensex, Nifty post worst single-day fall since February 28
Sell shares worth Rs 1.31 trillion in FY25, the highest since FY22
Hotel stocks have been on a hot streak over the past month, buoyed up by a steady business outlook
Gold emerged as a standout performer, surging 37.7 per cent to $3,070 per ounce
Investment banking sources said the Piramal group is open to acquisitions, though it is not involved in any talks
Public equity fundraising stood at Rs 3.71 trillion in FY25, marking a 92 per cent rise from Rs 1.9 trillion in FY24
Industry players said the sharp sell-off in February forced many companies to put off their listing plans
Sensex surges 1,079 points amid hopes of relief in tariff war
The ADR, a key measure of market breadth, tracks the number of advancing stocks against decliners
The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350
Tata group financial services firm sets the ball rolling for a $2 bn maiden share sale