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 44 - Sundar Sethuraman
Street Signs: Market's winning streak, new-age tech-listed firms & more
Technical analysts expect the index to face immediate resistance at 17,900-18,000, which, if broken, could decisively take the index beyond 18,200
 "Street Signs: Market's winning streak, new-age tech-listed firms & more")
Indices' winning run enters 9th day, longest in 2.5 years; Sensex up 38 pts
The gains come on the back of strong inflows from foreign portfolio investors
 "Indices' winning run enters 9th day, longest in 2.5 years; Sensex up 38 pts")
AU Small Finance Bank shares up 17% on CEO Sanjay Agarwal reappointment
Analysts expect the company to clock robust loan growth
 "AU Small Finance Bank shares up 17% on CEO Sanjay Agarwal reappointment")
Markets gain for eighth day as FPIs step up buying; Sensex gains 235 points
The market breadth was positive with 2,036 stocks advancing and 1,480 declining
 "Markets gain for eighth day as FPIs step up buying; Sensex gains 235 points")
Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases
Analysts said, the higher legroom will lead to an increase in the lender's weight in the MSCI India index, purchases worth close to a billion dollars of its stock
 "Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases")
Foreign portfolio investors pull out Rs 11k cr from energy, finance, IT
Turn their attention to capital goods, construction, FMCG, consumer durables in March
Realty stocks soar on back of robust sales; sectoral index up 7.8%
The strong numbers boosted hopes of a boom in housing. Analysts said the realty companies had benefited from inflation as it led to a rise in asset prices
Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more
Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players
 "Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more")
Despite market volatility, 25 million demat accounts added in FY23
Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
 "Despite market volatility, 25 million demat accounts added in FY23")
HDFC twins, economic data lifts markets, Sensex gains over 2,000 points
HDFC Bank and HDFC Ltd rose 2.7 per cent and 3 per cent respectively, accounting for half of the gains made by the Sensex
 "HDFC twins, economic data lifts markets, Sensex gains over 2,000 points")
Half of top 100 cos see cut in target price over concerns of tepid earnings
Adani Green, Nykaa, APSEZ among firms with maximum cut in TPs in Jan-March 2023, shows Bloomberg data. Canara Bank, JSW Steel and Bank of Baroda have seen highest increase in TPs
 "Half of top 100 cos see cut in target price over concerns of tepid earnings")
Lock, stock, and over a barrel for firms with April lock-in expiry date
Newly listed stocks in focus
 "Lock, stock, and over a barrel for firms with April lock-in expiry date")
Street Signs: Covid trot to winning run, Avalon Tech's premium, and more
Banking stocks outperformed in the just-concluded financial year (2022-23), with the sectoral gauge gaining 12 per cent, against a 0.6 per cent decline in the benchmark National Stock Exchange Nifty
 "Street Signs: Covid trot to winning run, Avalon Tech's premium, and more")
Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge
Three-month losing run ends; RIL, ICICI Bank lead charge
 "Markets log biggest 1-day jump in over 4 months; RIL, ICICI lead charge")
Markets flat after volatile year; benchmarks swing over 20% in FY23
Experts see modest returns in FY24 too
 "Markets flat after volatile year; benchmarks swing over 20% in FY23")
The next day: Adani Group stocks rise after group denies news reports
As a result, the combined market capitalisation of the group rose by over Rs 20,000 crore
 "The next day: Adani Group stocks rise after group denies news reports")
Renewed debt worries trigger sharp sell-off in Adani Group stocks
6 out of 10 shares hit lower circuit
 "Renewed debt worries trigger sharp sell-off in Adani Group stocks")
Adani share sale takes block deals to 5-month high despite skittish market
Promoters, strategic investors mop up over Rs 33,000 cr via share sales; Adani sale in four group firms to GQG Partners alone tops Rs 15,000 cr
Markets dip as Federal Reserve raises rates despite banking crisis
Bets that US central bank has finished raising rates cushion markets
There's a huge opportunity for performing credit funds: VAM's Sukumar
Sukumar explains why investment opportunities in this space are expected to grow manifold
 "There's a huge opportunity for performing credit funds: VAM's Sukumar")
