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 3 - Sundar Sethuraman
Street signs: Nifty looks set to extend upward run, Winro in IPO pool
Following a record-setting week, the initial public offering (IPO) market is expected to pause, with only one issue - Midwest - scheduled for the coming week.
 "Street signs: Nifty looks set to extend upward run, Winro in IPO pool")
FPIs trim exposure to healthcare, IT sectors amid US policy shifts
Trend could act as 'safety valve' for Indian market and prevent excessive valuation, says one analyst
 "FPIs trim exposure to healthcare, IT sectors amid US policy shifts")
We have highest equity concentration among top players: Canara Robeco MF
Ahead of its ₹1,326-crore initial public offering (IPO), Narula says despite near-term market volatility, he remains confident about sustained equity inflows
 "We have highest equity concentration among top players: Canara Robeco MF")
LG, WeWork set the tone for busy IPO week; Tata Capital's subscribed 75%
LG Electronics' day-one subscription is the highest among the six ₹10,000-crore-plus IPOs since 2020
 "LG, WeWork set the tone for busy IPO week; Tata Capital's subscribed 75%")
Uptrend meets unease: Bulls advance, but only a slim herd corrals market
ADR ticks above 1, yet most stocks trail the charge
 "Uptrend meets unease: Bulls advance, but only a slim herd corrals market")
Making a beeline: IPO filing tally nears 200 this year, most in 3 decades
Number of applications surpasses combined submissions in first nine months of 2023 and 2024
 "Making a beeline: IPO filing tally nears 200 this year, most in 3 decades")
LG India seeks ₹77,400 cr valuation with ₹11,607 cr IPO opening Oct 7
LG Electronics India has fixed a price band of Rs 1,080-1,140 per share for its IPO, aiming for a Rs 77,400 cr valuation through a ₹11,607 cr offer-for-sale
 "LG India seeks ₹77,400 cr valuation with ₹11,607 cr IPO opening Oct 7")
Banking stocks lift Sensex 716 pts, Nifty 225 as markets snap losing run
Indian equity benchmarks ended higher on RBI's policy measures to spur credit flow, with banking stocks leading gains that helped markets break an eight-day losing streak
 "Banking stocks lift Sensex 716 pts, Nifty 225 as markets snap losing run")
FPIs yanked out ₹1.45 trillion from oil, IT, auto over past 12 months
Overseas investors have sold oil & gas stocks worth ₹57,207 crore, IT stocks worth ₹53,352 crore, and auto stocks worth ₹35,292 crore, totalling ₹1.45 trillion or 80 per cent of the net selling
Indices see worst week in 7 months as Trump diktats hit IT, pharma
Sensex and Nifty fell 2.6 per cent this week, their sharpest drop since February, as heavy FPI selling, US tariffs, and sectoral weakness wiped out Rs 16 trillion in wealth
 "Indices see worst week in 7 months as Trump diktats hit IT, pharma")
Sensex, Nifty extend losses to log longest losing streak in six months
Indian markets fell for a fifth day on sustained FPI selling and weak IT outlook after US visa fee hike, eroding Rs 3.2 trillion in investor wealth and testing key support levels
 "Sensex, Nifty extend losses to log longest losing streak in six months")
More than 60% of top BSE 500 stocks trading 20% below their peaks
Sluggish earnings growth, 50% US tariff heat keep markets on the edge
IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike
Indian IT stocks suffered their steepest fall in nearly six months as the US imposed a $100,000 H-1B visa fee, with Nifty IT down 2.95 per cent and Rs 85,496 crore in value erased
 "IT stocks lose ₹85,500 crore in market capitalisation on H-1B fee hike")
Stagecraft of capital: Mkt marionette FPIs pull strings on consumer, power
Timed tugs tilt discretionary sectors, letting defensive and capital-heavy names take the lead
 "Stagecraft of capital: Mkt marionette FPIs pull strings on consumer, power")
Benchmark indices hit 10-weeks highs after US Fed's 25 bps rate cut
Sensex and Nifty rose to 10-month highs after the Fed's 25 bps cut, with IT and pharma leading gains amid optimism over India-US trade talks and stronger FPI inflows
 "Benchmark indices hit 10-weeks highs after US Fed's 25 bps rate cut")
Urban Company makes stellar debut as shares jump 62% over issue price
Investor interest in the company was evident from its blockbuster initial public offering (IPO)
 "Urban Company makes stellar debut as shares jump 62% over issue price")
Markets hit two-month highs on Fed hopes and trade optimism; rupee rebounds
Indian equities rose to two-month highs on optimism around India-US trade talks and expectations of a US Fed rate cut, with strong FPI and DII inflows supporting sentiment
Retail investors pull back as markets remain flat; net inflows fell 90%
Retail investors sharply reduce direct equity exposure in 2025, preferring mutual funds and DIIs as market volatility and weak returns weigh on sentiment
 "Retail investors pull back as markets remain flat; net inflows fell 90%")
Foreign portfolio investors pull the ripcord, trade winds to blame
Rising indices push foreign investors into a controlled landing
 "Foreign portfolio investors pull the ripcord, trade winds to blame")
Street Signs: Nifty hot streak meets Fed test; cash turnover hits 6-mth low
Nifty's winning run faces Fed test, cash turnover slides as big caps dominate, and Sebi widens crackdown on finfluencer ads with Meta and Google compliance
 "Street Signs: Nifty hot streak meets Fed test; cash turnover hits 6-mth low")
