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.
Page 14 - Sundar Sethuraman
Benchmark indices shed 1.8% in January as FPIs offload Rs 34,841 crore
The current wave of FPI selling began in October after China's stimulus measures propelled its markets, which were trading at much cheaper valuations than India
 "Benchmark indices shed 1.8% in January as FPIs offload Rs 34,841 crore")
Markets snap 4-day losing streak; domestic investors help halt the slide
The total market capitalisation of BSE-listed firms rose by Rs 6 trillion to Rs 423 trillion
 "Markets snap 4-day losing streak; domestic investors help halt the slide")
Sensex sheds 1.4% amid heavy FPI selling; Nifty settles at 23,086
The Sensex ended the session at 76,330, a decline of 1,049 points or 1.4 per cent, while the Nifty closed at 23,086, down 346 points or 1.5 per cent
 "Sensex sheds 1.4% amid heavy FPI selling; Nifty settles at 23,086")
Mapping the fall: Rupee depreciation unlikely to trigger sustained selloff
The rupee declined by 3.1 per cent since September, and Indian equity benchmarks Nifty and Sensex fell by 8.5 and 7.3 per cent, respectively, during the same period
 "Mapping the fall: Rupee depreciation unlikely to trigger sustained selloff")
Risk-reward balance poor despite the recent correction, says report
"Retail investors may show some of their usual chutzpah and buy stocks aggressively, buying on dips has been the common mantra so far, but that would be comical," the note said
Rupee depreciation may exacerbate market sell-off if downtrend continues
On Monday, the rupee was trading at 86.58 against the dollar, a fresh low amid a rising dollar and outflows from Indian equities
 "Rupee depreciation may exacerbate market sell-off if downtrend continues")
Tax shift throws a wrench in the gears of buyback offers in 2024
In 2024, 48 companies repurchased shares worth Rs 13,423 crore, compared to Rs 48,079 crore spent on share buybacks by the same number of companies in 2023
 "Tax shift throws a wrench in the gears of buyback offers in 2024")
Street signs: Laxmi Dental GMP at 37%, market mood rides the seesaw
An official previously mentioned that the regulator has been engaging with multiple corporations to explore muni bonds
$35 billion IPOs in the pipeline this year: Kotak Investment Banking
India is the second-largest market in the world when it comes to equity fundraising and it saw the highest-ever fundraising ($74 billion) in 2024
 "$35 billion IPOs in the pipeline this year: Kotak Investment Banking")
Mkts end week in red on FPI selling; Sensex ends 241 points lower
Cumulative net shorts on Nifty and Bank Nifty Futures by FPIs on Thursday was highest since June 6, 2024
 "Mkts end week in red on FPI selling; Sensex ends 241 points lower")
Fundraising via equity, debt hit all-time high in 2024: Prime Database
Ninety-one firms raised Rs 1.6 trillion through main board IPOs in 2024, more than three times Rs 49 436 crores through 57 IPOs in 2023
 "Fundraising via equity, debt hit all-time high in 2024: Prime Database")
Sensex, Nifty decline amid heavy FPI selling and Q3 earnings concerns
The Sensex ended the session at 77,620, a decline of 528 points, or 0.7 per cent
 "Sensex, Nifty decline amid heavy FPI selling and Q3 earnings concerns")
Demat tally surges to 185 million in 2024 with 46 million new additions
In the first nine months of 2024, 36 million demat accounts were added, buoyed by gains in the secondary market and record initial public offerings (IPOs)
 "Demat tally surges to 185 million in 2024 with 46 million new additions")
Markets gain a day after worst 1st-day fall in 3 months; Sensex up 234 pts
Going forward, the earnings season, which starts this week, will provide further cues to the market
FPI selloff, HMPV scare drag markets to worst fall in three months
Indices decline over 1.5%; investors lose nearly Rs 11 trn
 "FPI selloff, HMPV scare drag markets to worst fall in three months")
Street Signs: Dissecting claims with precision, 63% GMP for Standard Glass
Angadia, known as an informal courier network for transporting valuables, has long served as a parallel, unofficial channel
 "Street Signs: Dissecting claims with precision, 63% GMP for Standard Glass")
From backseat to driver's seat, rights issues take the wheel in 2024
From coasting to leading, they seize control of fundraising road in 2024
 "From backseat to driver's seat, rights issues take the wheel in 2024")
Markets end new year week with gains; Sensex up 0.7% and Nifty 0.8%
But benchmark indices see decline on Friday amid selling by foreign portfolio investors
 "Markets end new year week with gains; Sensex up 0.7% and Nifty 0.8%")
Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr
December is usually a tepid month for IPOs as securing foreign portfolio investors (FPI) support is a challenge due to the holiday season
 "Best Dec for IPOs since 1996: 15 firms collectively raised Rs 25,425 cr")
Bulls charge: Markets rally nearly 2% in best session in six weeks
Tech, auto stocks make for a third of Sensex gains ahead of Q3 results
 "Bulls charge: Markets rally nearly 2% in best session in six weeks")
