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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.
Mobilisation of IPO in FY24 surged 58 per cent compared to FY23, excluding the mega LIC IPO
Investors should not take long-term positions in SME IPOs unless they are familiar with the sector and the company, analyst cautions
Analysts said large part of the flows into the FMCG sector were due to the block deal in ITC, where the British American Tobacco (BAT) sold a 3.5 per cent stake for around Rs 17,000 crore
The Nifty finished at 22,012, with a gain of 173 points, or 0.8 per cent
Over the next 10 to 15 years, the REIT, INVIT and muni bond market will be as large as our equity markets, says Buch
The Sensex fell 736 points, or 1.01 per cent, to close at 72,012
Analysts termed Monday's fall as a knee jerk reaction and said the group stocks could gain as the conglomerate has got a clean chit vis-a-vis the allegations by Hindenburg Research
Any trader with a liability of over Rs 10,000 in the form of capital gains had to pay advance tax this month. Additionally, losses can be set off against capital gains
Benchmark indices see worst weekly slump in five months
The Nifty midcap 100 rose 2 per cent, while the Nifty Smallcap 100 gained 3.5 per cent. Both indicies had plunged about 5 per cent each a day earlier in what was their worst performance in two years
Analysts said elevated valuations in the small and mid-cap segment have been a concern for a while, but the strong message and the recent action by the regulator intensified the selling pressure
The drop in the smallcap index comes even as the benchmark Nifty logged a fresh record high in an earlier session
Nervousness ahead of crucial data pull indices down
An analysis by Elara Capital indicates that the PSU sector performs well during election years
The Brokers' Industry Standards Forum (ISF) is confronted with the formidable task of uniting a divided house on the matter of extending market hours
34 of 43 NBFC stocks decline; Nifty Bank index rises
Sensex ends above 74k for the first time; Nifty Smallcap drop 2%
Influx of new investors shows that more households are taking to direct investing
Analysts expect Nifty50 components to gain average 6.6%
Venkataraman observes that markets will also receive support from monetary easing globally