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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 players anticipate that the positive momentum in the market, fuelled by better-than-expected domestic gross domestic product growth and softening US inflation data
Nifty sees 6th new high in 2 months
Overseas funds seen favouring less expensive Korea, Taiwan markets
Nervousness ahead of key data release
Supportive markets, robust growth outlook ensure adequate demand for new paper supply
Electric vehicle charging firm Exicom Tele-Systems' Rs 430 crore initial public offering (IPO) is likely to break the recent weak listing trend
At 28.97%, allocation lowest since 2018; Down from peak of 41.17%
Trend may draw foreign companies to India listing, while existing players assess potential of monetising stakes
Sensex still 620 points shy of record close; India market cap nears Rs 400 trillion
10 PSUs, with public shareholdings below 14%, ride the current, rallying 76% to 4.5 times
Entero's weak listing follows a lukewarm response to its Rs 1,600-crore IPO. The maiden share sale had garnered just 1.5 times subscription
Adds 1.2% this week, Small and midcaps underperform
Jana, Capital Small Finance Bank slip below IPO price
The Sensex ended at 71,555, gaining 483 points, or 0.7 per cent while the Nifty ended at 21,743, with a gain of 127 points or 0.6 per cent
Profit-taking on valuation concerns triggers collapse
Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth, he said
Investors send a clear message as confidence is shipped with each trade
Company connects travel agencies and suppliers like hotels, airlines in more than 100 countries
RBI Governor Shaktikanta Das said that it was premature to talk about rate cuts until there's evidence inflation will be kept firmly around the target level
The gap between FPI and DII holdings narrowed to an all-time low in December, with DII holdings being 12.2 per cent lower than FPI holdings