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 54 - Sundar Sethuraman
Global cues, low crude oil prices lift indices; Sensex gains 659 points
The Nifty, on the other hand, ended the session at 17,798, with a gain of 174 points, or 0.9 per cent
 "Global cues, low crude oil prices lift indices; Sensex gains 659 points")
Financials, FMCG get nearly half of FPI flows in August, says report
Despite the positive flows, the allocation in IT at 10.7 per cent dropped for the fifth consecutive month and is the lowest since March 2018
 "Financials, FMCG get nearly half of FPI flows in August, says report")
Dreamfolks Services' shares jump nearly 42% in stock market debut
The successful listing follows a strong response to the company's maiden share sale, which had garnered nearly 57 times subscription last month
 "Dreamfolks Services' shares jump nearly 42% in stock market debut")
Tamilnad Mercantile Bank IPO subscribed 0.8x on first day of issue
TMB is looking to issue 15.84 million fresh shares in the IPO. At the upper end of the price band, the bank will raise Rs 832 crore and will be valued at Rs 8,314 crore
 "Tamilnad Mercantile Bank IPO subscribed 0.8x on first day of issue")
Street Signs: GMP of TMB, DreamFolks positive, market trend positive & more
Analysts recommend traders to maintain a bullish bias and buy on dips
 "Street Signs: GMP of TMB, DreamFolks positive, market trend positive & more")
Resilient markets, positive FPI flows lift market volume in August
If domestic indicators are remedying, don't sweat the external factors, say analysts
 "Resilient markets, positive FPI flows lift market volume in August")
Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts
The benchmark Sensex opened gap-down 827 points (down 1.4 per cent), then went on to fall -1,015 points, or 1.7 per cent over its previous day's close
 "Amid global selloff, markets see intraday wild swings, Sensex down1,015 pts")
Small-caps outperform large-caps but fail to match mid-caps in August
The Nifty Smallcap 100 Index rose 4.9 per cent. By comparison, the Nifty50 Index rose 3.5 per cent and the Nifty Midcap 100 soared 6.2 per cent
 "Small-caps outperform large-caps but fail to match mid-caps in August")
Disappointing GDP data, weak global cues to weigh on market sentiments
Analysts said there are signs of the waning of the intensity of tailwind generated by economic reopening
 "Disappointing GDP data, weak global cues to weigh on market sentiments")
Markets log 3rd highest monthly FPI inflows since Covid outbreak in August
Foreign investors pump in Rs 51,000 cr; near-term flows to hinge on rupee, bond movements
 "Markets log 3rd highest monthly FPI inflows since Covid outbreak in August")
Markets log best 1-day gains in over 3 months as global markets stabilise
All Sensex, Nifty stocks close in the green; FPIs pump in Rs 4,166 cr
 "Markets log best 1-day gains in over 3 months as global markets stabilise")
Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points
Experts say any fall in US equities could reflect in the domestic markets as well
 "Indian markets slide on US Fed's hawkish tilt; Sensex down 861 points")
Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%
The tech-heavy Nasdaq index is down 22 per cent this year
 "Tech stocks get hammered in manic Monday sell-off; Nifty IT falls 3.5%")
Indian markets may feel the pinch of Fed chief's hawkish comments: Experts
Last week, the Sensex and the Nifty shed over 1 per cent but were still up nearly 15 per cent from their June lows
 "Indian markets may feel the pinch of Fed chief's hawkish comments: Experts")
Street Signs: Analyst coverage of HDFC dips, defence stocks gain, and more
Defence stocks, such as Bharat Electronics, Mazagon Dock Shipbuilders, and Cochin Shipyard, logged strong gains last week amid buying interest from wealthy investors
 "Street Signs: Analyst coverage of HDFC dips, defence stocks gain, and more")
India's valuation premium to emerging market peers at five-month high
Nifty P/E 82% higher than MSCI EM; up from 54% in June
 "India's valuation premium to emerging market peers at five-month high")
DreamFolks' IPO subscribed 1.96x on Day 1, retail portion booked 8x
The institutional investor portion was subscribed 0.25x. The wealthy investor portion by 1.39x, and retail investor by 8x. Overall, the IPO was subscribed 1.96x
Sharp earnings downgrade, uncertain outlook impede small-cap recovery
Small-cap index still down 17% YTD, even as Nifty50, mid-cap indices back in green.
 "Sharp earnings downgrade, uncertain outlook impede small-cap recovery")
Reasonable to expect positive FPI flows will continue: Abhiram Eleswarapu
"It is encouraging to see nearly $5 billion of FPI inflows this month into India after a long period of sustained outflows", he said
 "Reasonable to expect positive FPI flows will continue: Abhiram Eleswarapu")
Markets slip into red on fear of hawkish Fed, down 2.5% in two sessions
Profit-booking after over 17 per cent gains in just two months added to this fall
