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 52 - Sundar Sethuraman
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")
Morgan Stanley upgrades Chinese equities as country eases Covid curbs
Economic recovery likely to be bumpy as earnings pressure continues, says brokerage
 "Morgan Stanley upgrades Chinese equities as country eases Covid curbs")
Cash turnover up 17% in Nov: In buoyant mkt, trading volume sees recovery
The ADTV for the futures and options segment (both NSE and BSE combined) stood at Rs 147.5 trillion - a gain of 2 per cent MoM
 "Cash turnover up 17% in Nov: In buoyant mkt, trading volume sees recovery")
We expect markets to now track underlying earnings growth: Gautam Duggad
We believe the valuations at 20.5x one-year forward price-to-earnings for the Nifty50 Index are not exorbitantly expensive, but they aren't cheap either
 "We expect markets to now track underlying earnings growth: Gautam Duggad")
Street Signs: Likely shift to broader market, PVC pipe firms to gain & more
After a sustained run, the benchmark Nifty is likely to move sideways and action could shift to the broader market
 "Street Signs: Likely shift to broader market, PVC pipe firms to gain & more")
Sensex, Nifty snap eight-day winning streak ahead of US jobs data
Both shed 0.6% but end in green for second straight week; Broader markets play catch-up
 "Sensex, Nifty snap eight-day winning streak ahead of US jobs data")
Tata Play becomes first firm to file confidential papers with Sebi for IPO
Offer document open to scrutiny only by regulator, exchanges; the Walt Disney Company-led firm eyeing a Rs 3,000-crore IPO
 "Tata Play becomes first firm to file confidential papers with Sebi for IPO")
Scaling a new peak: FPIs, global cues propel Sensex past 63,000 mark
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges
 "Scaling a new peak: FPIs, global cues propel Sensex past 63,000 mark")
Indian markets log new highs even as global peers stare at losses
Experts say gains by Indian equities will be steady if is no crude oil price surge
 "Indian markets log new highs even as global peers stare at losses")
Indices log new record highs buoyed by RIL; Sensex rises 211 points
3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high
Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up
Primary market momentum seen sustaining in an otherwise 'lacklustre' month
 "Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up")
Equity rerate unlikely before second half of 2023, says Credit Suisse
Higher-rates-for-longer theme triggered significant derating this year
 "Equity rerate unlikely before second half of 2023, says Credit Suisse")
Street Signs: Buy the dip, microfinance sector seen turning a corner & more
Microfinance stocks are likely to benefit from a rise in credit demand. According to analysts, the microfinance industry has captured only 28.5 per cent of the total addressable market
 "Street Signs: Buy the dip, microfinance sector seen turning a corner & more")
Fewer active investors even as benchmark indices hit record highs
Market volatility and lacklustre 1-yr returns weigh on activity
Nifty, Sensex close at fresh lifetime highs after sharp late surge
US Fed minutes indicate slower pace of rate hikes, investors cheer
 "Nifty, Sensex close at fresh lifetime highs after sharp late surge")
Lack of broader market participation casts shadow on month-long rally
Nifty Midcap 100, Nifty Smallcap 100 struggle even as markets make new highs
 "Lack of broader market participation casts shadow on month-long rally")