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 22 - Sundar Sethuraman
India's total market cap touches all-time high of $5.5 trn for first time
India's market capitalisation had closed above $5 trillion on May 24, 2024, as per Bloomberg data
 "India's total market cap touches all-time high of $5.5 trn for first time")
Sensex, Nifty end flat after see-saw trade; L&T stock rises over 2%
After hitting an intraday high of 24,999.75, the 50-share blue chip company index closed at 24,836, up 1.25 points over its previous close
 "Sensex, Nifty end flat after see-saw trade; L&T stock rises over 2%")
Hike in capital gains taxes won't adversely impact market sentiment: Goyal
The Commerce minister termed the criticisms against the hike in capital gains tax and securities transaction tax in derivatives trading as fear-mongering
 "Hike in capital gains taxes won't adversely impact market sentiment: Goyal")
Sensex, Nifty shrug off 5-day losses, extend winning streak to 8 weeks
The Nifty rose 1.7 per cent, or 429 points, to close at 24,835, a new record
 "Sensex, Nifty shrug off 5-day losses, extend winning streak to 8 weeks")
Budget 2024: PMS firms rethink strategy after increase in STCG tax
Churn in holdings will attract higher tax; no-pass through advantage like MFs, AIFs
 "Budget 2024: PMS firms rethink strategy after increase in STCG tax")
Markets extend losses as investors digest higher taxes on equity trades
FPIs selling amid weak global cues also weighed on market performance
 "Markets extend losses as investors digest higher taxes on equity trades")
Budget 2024: Sensex rebounds 1,200 points from day's lows to end flat
ITC gained 3.8 per cent as there were no changes in the taxes related to tobacco products
 "Budget 2024: Sensex rebounds 1,200 points from day's lows to end flat")
Economic Survey 2023-24: Red-hot stock markets face Union Budget test
Tweaks to capital market-related taxes could tip the scales of investor sentiment
Union Budget 2024 fears unsettle broad market: Stress lines appear
Blue-chip records mask the quiet erosion in broader indices
 "Union Budget 2024 fears unsettle broad market: Stress lines appear")
Friday fright: Nearly Rs 8 trillion wiped out as stock markets tumble
Benchmarks snap 4-day winning run amid global IT outage
Tech stock rally drives mkts to fresh highs; Nifty a whisker away from 25K
The Sensex closed at 81,343, with a gain of 627 points, or 0.8 per cent. From the intra-day lows, the index climbed nearly 1,000 points
See a possibility of Nifty hitting 28K this year: YES Securities India ED
Ambani says that given the government's robust revenue position, there won't be any disruptive tax measures in the upcoming Budget
 "See a possibility of Nifty hitting 28K this year: YES Securities India ED")
Street Signs: Bulls in charge but 24,200 holds key, Santar GMP at 40%
Ahead of its initial public offering, shares of Sanstar are trading at a premium of 40 per cent in the grey market
 "Street Signs: Bulls in charge but 24,200 holds key, Santar GMP at 40%")
Extending gains: TCS rub-off lifts Nifty and Sensex to fresh highs
Indices see 6th weekly winning run; FPIs bullish amid Fed rate cut hopes
Indian equity returns likely muted for remainder of the year, says Nomura
The Japan-based brokerage said the surge in retail flows into domestic mutual funds over the years has been driven by structural factors like under-allocation to equities
 "Indian equity returns likely muted for remainder of the year, says Nomura")
Markets catch their breath after record highs; Sensex closes at 79,925
Sharp rebound from election-result day lows is being driven by hopes of policy continuity, foreign portfolio investors (FPIs) turning net buyers again, and strong macroeconomic numbers
Maruti drives mkt euphoria: Nifty hits fresh high, Sensex up over 300 pts
M&M, Tata Motors also drive up gains despite strong hybrid absence
 "Maruti drives mkt euphoria: Nifty hits fresh high, Sensex up over 300 pts")
Valuations frothy? Profit and market cap moved in sync in 5 years
Analysts: upside in the markets from here will be driven by earnings growth
 "Valuations frothy? Profit and market cap moved in sync in 5 years")
Never late to the party with growth's long runway: Gautam Chhaochharia
Chhaochharia discusses factors impacting the markets and the economy
 "Never late to the party with growth's long runway: Gautam Chhaochharia")
Investors lap up shares of Emcure, Bansal Wire; bids cross Rs 1.25 trillion
The demand for both issuances reflects the positive sentiment among investors and could be a harbinger for more initial public offerings (IPOs) in the coming weeks, said industry players
 "Investors lap up shares of Emcure, Bansal Wire; bids cross Rs 1.25 trillion")
