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 43 - Sundar Sethuraman
Markets defy US Federal Reserve rate hike: Touch five-month high
Benchmark indices now just 3% shy of lifetime peaks
 "Markets defy US Federal Reserve rate hike: Touch five-month high")
Growing dominance: Domestic investors now own a quarter of markets
The share of MFs rose for the seventh straight quarter to an all-time high of 8.74 per cent during the March quarter
 "Growing dominance: Domestic investors now own a quarter of markets")
Futures and options segment hit new highs in April despite STT hike
From April 1, the centre increased the STT on sales of futures and option (F&O) contracts by 25 per cent
 "Futures and options segment hit new highs in April despite STT hike")
Sensex gains for eighth day in a row, logs fresh highs for 2023
FPI flows, positive economic data propel equities
 "Sensex gains for eighth day in a row, logs fresh highs for 2023")
Narrowest since July 2021: Sensex closes in on trading gap in April
Index moved in 4% band, against three-year average of 8%
 "Narrowest since July 2021: Sensex closes in on trading gap in April")
Street signs: Sell in May and go away, expiry of pre-IPO lock-ins & more
The broking community is on the edge as the new penalty structure on intraday margin shortfall comes into effect on May 2
India beats global pack on strong FPI flows in April, shows data
The moderation in valuation, following a near-10 per cent correction between December and March, also made investors look at India more favourably
 "India beats global pack on strong FPI flows in April, shows data")
Good start to FY24: Indices post best monthly gains since November
Strong global sentiment, foreign inflows help Indian markets outperform most global peers
IFSC relaxation may boost trade in foreign stocks at the GIFT City
RBI removed requirement of repatriating funds lying idle in FCA accounts
 "IFSC relaxation may boost trade in foreign stocks at the GIFT City")
Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore
The Rs 4,326-cr offering garnering bids worth nearly Rs 50,000 cr
 "Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore")
RBI removes restrictions on individuals from opening interest-earning FCAs
The long-awaited amendment by the RBI now puts IFSC at par with other jurisdictions when it comes to remittances
 "RBI removes restrictions on individuals from opening interest-earning FCAs")
Cooling off: Fear gauge hits 3-year low on missing macroeconomic cues
No big upmove or downmove likely, say market watchers
 "Cooling off: Fear gauge hits 3-year low on missing macroeconomic cues")
Street signs: Defence stocks may rise, Mankind Pharma IPO, and more
After having recorded seven straight months of outflows, equity savings schemes are expected to witness a change of fortune in the months ahead
IT stocks drag indices to first weekly decline in nearly a month
Disappointing results for Infosys and TCS dampened the market mood this week
 "IT stocks drag indices to first weekly decline in nearly a month")
Markets fall for third day as IT sell-off continues; Sensex dips 159 points
The Nifty IT index fell 1.8 per cent on concerns over the growth outlook for the sector amid a slowdown in the US and European markets
 "Markets fall for third day as IT sell-off continues; Sensex dips 159 points")
Zerodha makes largest-ever referral payout, amount not revealed
Firm claims it has acquired nearly a fourth of its customers through its referral programme
 "Zerodha makes largest-ever referral payout, amount not revealed")
Active clients drop for ninth month but discount brokerages build dominance
With markets delivering lacklustre returns and cost of trading rising, investors have turned more cost conscious, say industry players
 "Active clients drop for ninth month but discount brokerages build dominance")
'Brokerage rates in India are among the lowest, need re-evaluation'
Ravi Kumar says float income generated by the industry is indeed facing challenges and brokerage rates could edge higher
 "'Brokerage rates in India are among the lowest, need re-evaluation'")
Subdued outlook: Tsunami of rating downgrades sinks Infosys stock
Over 10 brokerages lower price targets after guidance disappointment
 "Subdued outlook: Tsunami of rating downgrades sinks Infosys stock")
IT sell-off snaps markets' 9-day gaining streak; Infosys slumps about 10%
Index heavyweights HDFC and HDFC Bank fell around 1.6 per cent each and also weighed on the market's performance
