)
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.
The selling dragged the BSE Financial Services index by 4.7 per cent in the last two weeks of September.
Three decades have been benign for global equities, but that time is now changing
Analysts said that half of the BSE 500 firms trading below 200-DMA clearly indicates that market sentiment isn't strong and there is heightened selling pressure in the broader markets
The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent
The stock underperformed both the Nifty and the Nifty IT index, which fell 1.5% and 2%, respectively
Even some big-ticket deals such as the LIC IPO did not generate higher fees
Rs 9,000 crore worth of issues lined up over the next six weeks
Cash market turnover up 41% from June lows; derivatives logs fresh all-time high
FPIs buy shares worth Rs 1,345 crore
In a Q&A, Bank of America's Head, Asia Pacific Investment Banking, says you don't need a bull market but predictability and stability to execute IPOs
On Friday, foreign portfolio investors (FPIs) bought shares worth nearly Rs 600 crore
Analysts are upbeat on shares of ceramic tile manufacturers, even as their July-September quarter performance is likely to be weak
More than the monetary policy decision, the RBI's assessment of inflation and growth propelled the markets, said experts
Foreign investors pull out Rs 12,000 crore after pumping in Rs 60,000 crore in July, August
Benchmark indices crash 5.5% as FPIs yank out $2 billion
Index down 5.2% in 6 sessions; FPIs tally turns negative for Sep
Under the new mechanism, non-banking finance companies (NBFCs) are providing up to Rs 8 lakh on a margin amount of Rs 2 lakh for a flat fee of Rs 2,000, said industry sources.
With Monday's fall, the aggregate market capitalisation of all companies listed on the BSE declined by Rs 6.67 trillion to Rs 270.15 trillion
Market players say issues have bunched up on account of companies rushing to hit the market before expiration of the result filing deadline
Sensex, Nifty slump 1.7%; depreciating rupee weighs on foreign investor flows