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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.
The surge in companies with a trillion-dollar market cap is attributed to the market's overall gains
Record-breaking fundraising in first half since SME option debut
Demat account openings remain elevated, MF inflows scale new highs
Financials, energy and automobile companies account for most growth in incremental profits
Regime continuity, economic outlook behind rally
PSEs, Adani, infra stocks among laggards
Brokerage CLSA expects the government's 100-day plan to include large orders in infrastructure and defence
Share sales hold breath for government clarity
The equity markets also benefited from bargain-hunting and short-covering following a tumultuous Tuesday
The Sensex, after bottoming out at 70,234, closed at 72,079, marking a decline of 4,390 points or 5.7 per cent
Sensex, Nifty jump over 3% each; investor wealth surges Rs 14 trn; FPIs pump in Rs 6.9K cr
If the outcome is along predicted lines, experts say the current euphoria may continue for some more time until the focus shifts to valuations and earnings
But 10-year returns finish line still elusive
Sensex, Nifty seen gaining up to 2%; Bearish FPI positioning could lead to short covering
India Inc enters a new era of rumour verification this week. The top 100 listed companies are now mandated to confirm, deny, or clarify information reported in the media
Longest losing streak since October
Optimism around poll outcome, capex seen, attractive valuations seen as triggers
Elections, rate cut concerns keep investors rattled
Indian equities have been jittery amidst the ongoing elections and selling by foreign portfolio investors
Election uncertainty, FPI selling stoke volatility