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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.
No immediate relief expected amid shrinking US-India bond yield spread, subdued earnings
Reverses overweight; India once again biggest OW in Asia-Pac portfolio
The study showed almost all microfinance institutions and companies in the oil refining & marketing space have missed estimates
Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter
The total market capitalisation of BSE-listed companies declined by Rs 48 trillion to Rs 430 trillion after reaching a peak of Rs 478 trillion on September 27
Since reaching all-time highs on September 26, the Sensex has fallen by 8.3 per cent, and the Nifty is down almost 9 per cent
Most analysts expect the bank to return to stronger margins and optimise lending portfolio
From peak of Rs 22K crore, the downward slope begins
Institutional investors swoop in on Day 3 to corner 90% bids
Their share in India's market hits fresh record high
Money managers noted that as markets retreated, earnings growth expectations also moderated, neutralising impact on valuations
In cybersecurity, social engineering refers to manipulating a victim to gain control over a computer system or steal personal and financial information
IT firms, which generate significant revenues from the US, gain the most on optimism that potential corporate tax cuts by the new President will boost revenues
In-demand financial stocks drive the rally
Benchmark indices nosedive 2% - most in a month - before recouping half the losses; FPI selling, earnings disappointment, elevated US yields also weigh
7th consecutive year of gains in Muhurat trading
Market returns during the latest Samvat year have been broad-based, with the Nifty Midcap 100 and the Nifty Smallcap 100 index gaining over 37 per cent each
Samvat 2080 closes with small and midcaps leading the charge, gold gleams with a 32% gain, and bond markets poised for stability
Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO open on Wednesday
So far in 2024, 68 firms have raised over Rs 1 trillion through IPOs. This is only the second time after 2021 that IPO mop-up is crossing Rs 1 trillion