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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.
Mop-up Rs 2,867 cr in CY22, as against Rs 25,335 cr in same period last yr
The fall in the Indian market is far subdued, compared to many global peers that have slipped into bear-market territory
Engineering and capital goods companies are likely to see revenue growth momentum, led by robust order backlog and pick-up in execution
Dip in dollar and bonds boosts global equities
Market players said buyback will support the stock price in the interim
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