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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 jumps over 100 points to close past 17,100
FPIs sell shares worth over Rs 2,500 crore
Tobacco manufacturer ITC, Godfrey Phillips India, and VST Industries have gained since the Union Budget on February 1, even as the benchmark Sensex declined close to 3%
Nifty50 back above 17,000, brings down weekly loss to less than 2% from 3.5%
FPIs have not just built aggressive short positives on the index futures, they have also unwound their long positions in the single stock futures, shows an analysis by Nuvama Institutional Equities
The only relief for investors on Wednesday was a rise in retail sales in China while factory output was fractionally lower than projected
Industry players said the IPO market has taken a turn for the worse after a blockbuster FY22 amid fall in valuations
Sensex, Nifty fall for 4th day to hit fresh five-month lows
Sensex, Nifty plunge 1.5% amid contagion fears
On a year-to-date basis, FPIs have been net sellers to the tune of Rs 20,606 crore
Selling pressure seen in banking, IT, and new-age stocks; foreign investors expected to be cautious
SVB crisis, Fed rate hike fears continue to keep markets on the edge
The market breadth was weak with 1,987 stocks declining and 1,502 advancing on the BSE
Gap narrows by 25% since October; better growth prospects underpin valuations
Outflow from two of India's largest sectors in terms of market cap shows FPIs remain in 'sell' mode: Experts
Industry players said the GQG investment will provide a floor to Adani stocks and also ease concerns around promoter-share pledges
Easing concerns around Fed hike, rise in Adani Group shares boost sentiment
Sensex, Nifty log best single-day gains in nearly 4 months
Analysts said investors are now trying to gauge how high-interest rates will rise in the US and Europe
Entire Adani pack gains for first time since Hindenburg report