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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.
Market fatigue grips as indices forge ahead; declining stocks outpace advancing ones
The US, the world's largest equity market, will transition to the T+1 (trade plus one day) settlement cycle on Tuesday
Foreign portfolio investor (FPI) sold shares worth Rs 945 crore on Friday
The Sensex ended the session at 75,418, with a gain of 1,197 points or 1.61 per cent, its biggest gains since March 1
63% of mcap growth contributed by top 100 firms
Apart from the rise in metal prices, some stock-specific reasons, like the demerger of Vedanta group companies into separate entities, have also led to the rally in the metal pack
Number of stocks commanding P/E ratios over 50x in March 2023 reflects market confidence
Major equity markets across Europe and Asia were largely stable on Monday. Indian equity markets were shut due to the general election amidst polling in Mumbai as part of the general elections
FPIs trim holdings, await positive signals; experts eye post-Budget opportunities amid election tension
PM Narendra Modi assertion follows assurances by 3 senior ministers
If sustains, it will be highest monthly pullout since January 2023
Indices post biggest gains in two weeks
Warns of unchecked explosion in F&O retail trades
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
"Even if markets have corrected a bit on account of some rumours, I would suggest you buy as markets are going to shoot up after June 4," said Shah
The success of the stake sale in Vodafone Idea and the response to Bharti Hexacom's Rs 4,275 crore IPO have fuelled investor optimism about the prospects of IPOs
The selling by FPIs has come at a time when traders are increasingly anxious about the margin of victory of the incumbent Narendra Modi government in the ongoing Lok Sabha elections
The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023
Over three million accounts added for fifth straight month
Uncertainty over election results, US Fed rate cut fan volatility