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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.
Markets are expected to remain subdued at the beginning of 2025, facing headwinds from expensive valuations, structural issues in domestic consumption demand
Geopolitical tensions, such as the Russia-Ukraine conflict, will continue to impact global markets
Seeds for robust equity markets were sown during his tenure as FM in Narasimha Rao government. Economic growth gathered momentum in Singh's first term as PM
Net big from small and midcap exits
Both indices below 200-DMA; equity investor losses mount to Rs 18.4 trn in 5 days
Relli highlighted potential policy disruptions in the United States next year that could fuel inflation, with monetary policy responses being insufficient to address these challenges
The sell-off shaved off investor wealth by Rs 2.8 trillion on Thursday, extending the four-day loss to almost Rs 10 trillion
Overseas investors pull out Rs 8,000 crore this week amid rupee slide
These stellar debuts came despite the benchmark indices logging continuous declines since their initial public offerings (IPOs) closed on Friday
Investors await Fed move; concerns grow over widening trade deficit
FPIs have shown renewed interest in primary issuances in 2024, even as they have withdrawn significant sums from the secondary market
Industry players note that the sharp rally in the market over the past month has emboldened companies to advance their listing plans
Investors who bought the dip since 2022 have reaped bigger returns from sharper rebounds
Mkts end in green for 4th straight week, longest winning run since July
Mobikwik subscribed 119x, Vishal Mega Mart 27x, Sai Life 10.3x
Fundamentals strong but earnings growth uncertainty, elevated valuations seen capping upside
Market experts are cautious about the outlook of small-cap stocks going forward
In FY24, MobiKwik recorded its first fully profitable year, reporting a profit after tax (PAT) of Rs 14.08 crore, following a loss of Rs 83.8 crore in FY23
The surge in IPO activity comes after a slowdown triggered by poor listings, weak demand, foreign portfolio investor (FPI) outflows, and earnings disappointments
Market players expect the pace to pick up in December with stability returning to the market and upcoming IPO launches.