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 49 - Sundar Sethuraman
Fear of sustained aggressive monetary policy by US Fed rattles investors
Both Sensex and Nifty post biggest losses since Sept 26 as Covid cases in China, oil price spike worsen sentiment
 "Fear of sustained aggressive monetary policy by US Fed rattles investors")
Debt returns competing with equities: CIOs of MF houses at BFSI Summit
Naren said after a long time the need for money in the deposit market has come and we see hikes in bank deposit rates
 "Debt returns competing with equities: CIOs of MF houses at BFSI Summit")
FPIs pull out a record Rs 1.22 trn from Indian market so far this year
Turn net sellers after 3 years; rising rates, recession fears to blame; Sensex still up 4.8% YTD
 "FPIs pull out a record Rs 1.22 trn from Indian market so far this year")
Covid fears, profit booking pulls indices; Sensex down 635 points
Foreign Portfolio Investors (FPIs) were net buyers to the tune of Rs 1,119 crore, according to provisional data from exchanges
2023 likely to be a flattish year for Indian equities: Kotak Securities
Kotak Securities sees Nifty50 at 18,385; rising FD rates could attract investment
 "2023 likely to be a flattish year for Indian equities: Kotak Securities")
Dabur India promoters sell 1% stake through block deal to finance ventures
" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said
 "Dabur India promoters sell 1% stake through block deal to finance ventures")
Rs 1 trn m-cap club hits half-century in 2022 despite muted gains in Sensex
It's a sign of gains in equity markets being lopsided, say analysts
 "Rs 1 trn m-cap club hits half-century in 2022 despite muted gains in Sensex")
Street signs: Mean revision in TaMo DVR, GMPs for Elin & KFin, and more
Since November, shares of Tata Motors have remained flat, while the DVR has crashed 14 per cent. The grey market premiums (GMPs) for the two IPOs that open this week are mixed
Markets extend losses amid recession fears, indices dip second week on trot
Commentary by central banks on their resolve to tame inflation rattles investors, who were hoping that interest rates have peaked
Markets tumble as Federal Reserve retains hawkish tone; Sensex drops 1.4%
Wall Street's main stock indices were down more than 2 per cent in early trade
 "Markets tumble as Federal Reserve retains hawkish tone; Sensex drops 1.4%")
IRCTC offer for sale oversubscribed, but stock declines more than 6%
Investors fear supply overhang; Centre has now reduced stake in firm by 25% in 3 years
 "IRCTC offer for sale oversubscribed, but stock declines more than 6%")
Investors disappointed as 'open market' share buybacks lack punch
Actual acquisition cost 20% below max buyback price under open market route
 "Investors disappointed as 'open market' share buybacks lack punch")
KFin IPO to hit market on Dec 19, issue sized reduced to Rs 1,500 cr
Financial services platform provides solutions to asset managers and corporate issuers
 "KFin IPO to hit market on Dec 19, issue sized reduced to Rs 1,500 cr")
Volatile Indian equity markets, flows capping downside: BofA on 2023
Revival in China's economic growth and policies could shrink this premium
 "Volatile Indian equity markets, flows capping downside: BofA on 2023")
Buybacks jump 2.6 times this year as stocks take a tumble, shows data
51 companies have announced Rs 37,519-crore buybacks so far
 "Buybacks jump 2.6 times this year as stocks take a tumble, shows data")
Street Signs: FPIs dial back wagers, grey mkt premiums for IPOs, and more
Foreign portfolio investors (FPIs) have scaled back their bullish bets, nearly triggering a 500-point fall in the Nifty50 Index
 "Street Signs: FPIs dial back wagers, grey mkt premiums for IPOs, and more")
Foreign outflows, weak IT sector stocks weigh on benchmark indices
Sensex declines in 4 out of 5 sessions in the week, Nifty50 in 3 sessions
 "Foreign outflows, weak IT sector stocks weigh on benchmark indices")
Demat additions lukewarm despite market's extended run in November
About 1.8 million new accounts added, 20% below monthly average for calendar 2022
 "Demat additions lukewarm despite market's extended run in November")
November report card: Banking, finance stocks dominate FPI flows
A moderation in new non-performing loans (NPL), improvement in margins, and loan growth are attributed as the reasons for the bullishness in banking stocks
 "November report card: Banking, finance stocks dominate FPI flows")
Rally in PSU banks to sustain on higher margins, loan surge: Morgan Stanley
Brokerage raises price targets for non-SBI state-owned banks
 "Rally in PSU banks to sustain on higher margins, loan surge: Morgan Stanley")
