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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.
Not a single penny got raised from initial public offerings and follow-on public offers (FPO) last month
A lower allocation to Indian Space Research Organisation (Isro) could lead to a derating in the stock of the superalloys manufacturer, says an analyst
Analysts said equity markets were enthused by lower policy rates and expectations that the Fed will achieve a soft landing
Indian equities worst-performing in Jan; Nifty50, which includes two Adani stocks, falls most
Adani rout, budget, Fed meet keep investors on tenterhooks
Stocks of financial services and information technology (IT) companies have accounted for most of the foreign portfolio investor (FPI) outflows during the first fortnight of this month
Group loses $50 bn in m-cap in two sessions; Contagion fear drags market, banking stocks
The benchmark index is on course for its worst five-day show since the Covid pandemic began in 2020
Nifty50 down 1.3%; Bank Nifty slips 2.5%; FPIs withdraw Rs 2,394 cr
Fillip to infrastructure, tax sops for salaried among expectations
The markets on a technical basis are poised to break out in either direction
Rate hikes, elevated valuation, and China reopening lead to reallocation of funds
Currently, the Nifty's 20-DEMA is around 18,080. If the index manages to surpass this key hurdle, it may see further upward movement, observe analysts
India's outperformance vis-a-vis other markets happened in a year that witnessed high inflation, rising interest rates, and a bloody war in Europe
BSE PSU index gained 41% and 23% in 2021 and 2022, respectively
Interestingly, in 2022 India also broke into the top-five league in terms of market capitalization
FPIs sell shares worth Rs 2,109 crore
Hopes of softer Fed hikes and China's reopening has D-Street upbeat
Rising credit growth, falling NPAs responsible for the pivot
The upfront margins were first introduced in 2020 and the thresholds raised in a phased manner. Traders were mandated to keep 25 per cent of the margin money between December 2020 and February 2021