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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.
Tata group financial services firm sets the ball rolling for a $2 bn maiden share sale
The Sensex climbed 14.5 per cent during the first six months of the financial year
Benchmark indices up over 5% from recent lows but still trade 12% below record highs logged six months ago
Information technology (IT)and fast-moving consumer goods (FMCG) stocks bore the brunt of the FPIs selling in the first two weeks of this month
TARGET PRACTICE: Moving goalposts leave stocks swinging for the fences but striking out
The Nifty Midcap 100 and Nifty Smallcap 100 indices plummeted 11 per cent and 13 per cent, respectively, marking their worst decline since March 2020
The Indian arm of the Seoul-headquartered home appliances and electronics company could roll out its ~15,000 crore maiden share sale once market conditions turn conducive, sources said
This provides some valuation comfort for largecap stocks, even as small and midcap stocks continue to trade well above their 10-year average valuations
Stocks with P/E of less than 20x swell from 214 from 355
Retail investors' exuberance, driven by strong after-listing performances, is the primary reason for the robust fundraising through the SME segment
Worst rout in broader markets since Covid-19 impacts new investor influx
Since October, FPIs have offloaded Indian equities worth ₹2.1 trillion, with seven sectors
Over the last two sessions, the Sensex gained 1.85 per cent and the Nifty rose by 2.1 per cent
The Sensex also gained 1.01 per cent to 73,730, and the total market capitalisation of the BSE-listed firms rose by ₹8 trillion to ₹393 trillion
Between December 28, 1995, and January 10, 1996, the Nifty had previously declined by about 6 per cent over 10 straight sessions of losses
Raymond, Edelweiss, TTK Prestige among firms whose mcap has slipped below $1 bn
The decline in filing for IPOs suggests that companies are becoming reluctant to go public
Nifty 50 endures longest weekly losing run in 30 yrs
Market players said a sharp rally in the broader markets over the past two years was underpinned by strong domestic inflows, particularly via the equity mutual fund (MF) route
The number of stocks undergoing corrections this month is 23 per cent higher than the two-year average of 2,043