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 42 - Sundar Sethuraman
Raising bets: FPI buying in Indian shares at nine-month high in May
Net buyers of equities worth Rs 37,317 crore in May, highest since Aug 2022
 "Raising bets: FPI buying in Indian shares at nine-month high in May")
Adani stocks get fresh boost as GQG ups wager, post gains third day on trot
US investment firm says it has raised stakes in Adani group firms; Group mcap now only 44% below pre-Hindenburg levels
 "Adani stocks get fresh boost as GQG ups wager, post gains third day on trot")
India's IPO mop-up so far sees sharp drop versus global peers in 2023
Domestic market share in amount raised globally falls to 0.9% versus five-year average of 2.9%
 "India's IPO mop-up so far sees sharp drop versus global peers in 2023")
All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league
Conglomerate sees best day since Hindenburg report after SC panel report boosts confidence
 "All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league")
FPI flows turn positive on trailing one-year basis after 16 months
Trailing 12-month FPI flows currently at $7.3 billion-most since November 2021
 "FPI flows turn positive on trailing one-year basis after 16 months")
Small-caps steal a march over large-caps, look primed for outperformance
Moreover, the upmove in the equity markets will shift towards small-caps, the brokerage predicts
 "Small-caps steal a march over large-caps, look primed for outperformance")
Markets drop on US debt ceiling concerns, benchmark indices shed 6% each
Sensex and Nifty both lose over 1.2%, in two days despite positive flows from FPIs
 "Markets drop on US debt ceiling concerns, benchmark indices shed 6% each")
Brokers body seeks three-month extension from Sebi for KYC validation
The Sebi circular had given KYC Registration Agencies (KRAs) a timeline of 180 days, ending on April 30, 2023, to validate client KYCs
 "Brokers body seeks three-month extension from Sebi for KYC validation")
Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues
Improving domestic macro, sustained foreign flows extend gains
 "Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues")
Karnataka election results likely to keep Indian markets swinging
The market mood is bullish amid strong inflows from foreign portfolio investors. The benchmark National Stock Exchange Nifty is less than 3 per cent shy of new all-time highs
 "Karnataka election results likely to keep Indian markets swinging")
No holding back: FPIs sweeten the pot for Equitas SFB and Sona BLW
Highest increase in holding by FPIs in the March quarter
Street Signs: Adani Group shares, Exchange-traded funds surface, and more
Over the weekend, Adani Enterprises and Adani Transmission announced plans of raising Rs 12,500 crore and Rs 8,500 crore, respectively, through the qualified institutional placement route
Nexus Select Trust's initial public offering garners 5.4 times subscription
The REIT plans to utilise the net proceeds of the fresh issue portion to repay debts and to acquire stakes and redeem debt securities in certain asset special purpose vehicles
 "Nexus Select Trust's initial public offering garners 5.4 times subscription")
Zomato shares sink 6% after rival food delivery aggregator Swiggy markdown
Zomato ended the session at Rs 60.94 (BSE), valuing the food delivery company at Rs 52,281 crore
 "Zomato shares sink 6% after rival food delivery aggregator Swiggy markdown")
Markets too optimistic on interest rate reversal, says Hechler-Fayd'herbe
Hechler-Fayd'herbe said it's not the time for investors to relax because there is quite a lot of uncertainty beneath the surface, whether it is on the geopolitical front or the economic outlook
 "Markets too optimistic on interest rate reversal, says Hechler-Fayd'herbe")
Financials see highest FPI flows despite turmoil in US banking sector
Strong flows into domestic banks even as their developed world counterparts reeled under pressure was underpinned by improved outlook
 "Financials see highest FPI flows despite turmoil in US banking sector")
Equities rebound on easing recession worries; HDFC twins back in green
Financial stocks gain most as Sensex, Nifty50 rise over 1%
 "Equities rebound on easing recession worries; HDFC twins back in green")
Street Signs: Free-float markdown, Zomato gains 25% in 4 weeks & more
Adani Total Gas and Adani Transmission in the MSCI Standard indices could now halve
HDFC twins take mkts down by 1%, BSE-listed firms investors lose Rs 1.4 trn
On Friday, the market breadth was weak, with 2,127 stocks declining and 1,390 advancing
 "HDFC twins take mkts down by 1%, BSE-listed firms investors lose Rs 1.4 trn")
Demat additions slow in April despite sharp market rally, shows data
Market experts said that a combination of direct equity investors reaching a saturation point and less number of initial public offerings or IPOs in the market have contributed to this trend
 "Demat additions slow in April despite sharp market rally, shows data")
