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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.
Investors are hoping that the quarterly earnings of companies will bring some cheer to markets which had a choppy first week in 2023
FPIs sold shares worth Rs 2,902 cr, according to provisional data from exchanges
SME segment has a higher share than mainboard companies
The Nifty fell 189 points to end the session at 18,043 a decline of 1.04 per cent
97% of companies were above mark when indices hit all-time high in Oct '21, against just over 55% presently
RIL rose 1.06 per cent and contributed the most to the Sensex, followed by ICICI bank, which rose 1.3 per cent
Market experts said that though Indian markets outperformed peers the gains were not significant for retail investors who mostly dabble in cash trading
Investors are relieved about the returns this year, which happened despite record FPI outflows and are slightly circumspect about the next year considering the headwinds
The Sensex declined 3.5 per cent in December - its worst last-month returns since 2011
If one were to remove the state-owned insurer's Rs 21,008 crore offer, the figure would come to a third of the amount raised in 2021
Outperform most global peers even as returns moderate to just over 4% in 2022
Some investment bankers argued that the reason for tepid fundraising through QIPs and rights could also be due to the fact that companies this year were not in need of large capital
From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts
Industry players say some companies plan to re-file their DRHPs so that they can have another stab at listing
Earnings could be challenging as global economic growth is weakening, says Sailesh Raj Bhan
The Nifty reclaimed the 18,000 mark and ended the session at 18,014, a gain of 208 points or 1.1 per cent
From all-time highs to heightened volatility, The second of the yearender series assesses the market's trajectory
A combination of sectoral rotation and better consumer spending is attributed to the shift towards realty and consumer services stocks
The last week of this month is usually a good time for markets as it usually gains in the last five trading days of December and the first two trading days of the New Year
During the week, the Sensex fell 2.4 per cent and the Nifty 2.5 per cent, their worst weekly decline since June 17, 2022