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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.
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
Backed by Tiger Global, the home services marketplace sees bumper demand; Dev Accelerator and Shrinagar House of Mangalsutra IPOs also heavily oversubscribed
Markets gain on Fed rate cut hopes, US trade deal optimism, and GST-driven sentiment boost
Market capitalisation rose by ₹73,000 crore to ₹457 trillion
IT stocks rose sharply with Infosys surging 5% on its buyback plan, lifting the Nifty IT index 2.8%, as Fed rate cut speculation and rupee weakness boosted sector sentiment
SBI's ₹25K crore fundraise hides a stark contrast - most companies trail last year's pace
Market participants said account openings have moderated in recent months as equity returns plateau
Foreign portfolio investors pulled out Rs 14,020 crore from domestic equities in the second fortnight of August, with financials and IT sectors facing the brunt, while autos and services saw inflows
The BSE Sensex, after rising as much as 889 points (1.1 per cent) during the day, closed at 80,718 - up 150 points, or 0.2 per cent
Equities turnover muted for 2nd month; F&O posts double-digit rise in August
Both February and August were marked by sharp foreign portfolio investor outflows, cautious investor positioning, and sharper declines in broader market segments versus frontline indices
₹94,829 cr August DII inflows second-highest after October 2024
Sensex and Nifty fell for a second month as US tariffs hit sentiment, though GST reform hopes and rating upgrade cushioned the slide
With markets closed on Wednesday for Ganesh Chaturthi, the reaction came in Thursday's session
During the month so far, the Nifty has slipped 0.2 per cent, the Nifty Midcap 100 by 1.1 per cent, and the Nifty Smallcap 100 by 2.3 per cent
Indian markets logged their worst fall in three months after the US imposed additional tariffs of up to 25 per cent on Indian exports, dragging Sensex and Nifty sharply lower
Overall, FPIs turned net sellers to the tune of ₹20,976 crore over the past two weeks
Sensex and Nifty fell nearly one per cent amid FPI selling, but managed to rise for the second consecutive week, supported by gains in auto and consumer stocks
Experts attribute it to buoyant market sentiment and pursuit of better listing gains among investors
10-yr bond yield sees sharpest rise in nearly two years as GST rejig plan stokes fiscal fears