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 55 - Sundar Sethuraman
India's market capitalisation hits new record high of Rs 280.5 trillion
Surpasses January mark with key contributions from newly-listed LIC, Adani Wilmar
 "India's market capitalisation hits new record high of Rs 280.5 trillion")
Sharp surge in markets boosts equity share sales of listed companies
A sharp surge in the market from this year's lows in June is stoking equity-share sales at listed companies
 "Sharp surge in markets boosts equity share sales of listed companies")
Sensex hits 60k mark after 4 months amid oil slump, revival of FPI inflows
Level last seen on Apr 5; indices up 17% since June 17 lows
 "Sensex hits 60k mark after 4 months amid oil slump, revival of FPI inflows")
Red-hot market runs into resistance zone; investors may book profits
Following a sharp bounce in the market off its June lows, analysts have cautioned investors, seeing that the Nifty valuation premium has gone past 10% to its 10-year historical average
 "Red-hot market runs into resistance zone; investors may book profits")
Street Signs: Jhunjhunwala stocks in focus, block deals pick up, and more
Shares of Syrma SGS Technology are changing hands in the grey market at a premium of just 4-5 per cent, say people in the know
 "Street Signs: Jhunjhunwala stocks in focus, block deals pick up, and more")
Nifty gains in 7 of last 8 weeks dust off recession fears, for now
On Friday, the Sensex gained 130 points, or 0.2 per cent, to end the session at 59,462
 "Nifty gains in 7 of last 8 weeks dust off recession fears, for now")
Consensus price targets for Nifty50 companies signal greater upside
A study by domestic brokerage Motilal Oswal has looked at the average price target of 50 stocks by all analysts to arrive at a target for the Nifty
Auto, FMCG lead market charge as Nifty closes at a four-month high
The market has been on a roller-coaster ride since April 11 - first dropping as much as 10 per cent to 15,924 on June 17 and then climbing 11 per cent
Soft US inflation data drives Sensex and Nifty to four-month high
The Nifty rose 124 points, or 0.7 per cent, to close at 17,659 - the highest since April 11
 "Soft US inflation data drives Sensex and Nifty to four-month high")
Markets up, but demat openings moderate in July in continuing trend
1.8 mn new accounts added last month, compared to 2.7 million during first half of this year
 "Markets up, but demat openings moderate in July in continuing trend")
Indices hit 4-month high despite worries; Sensex rises 465 points
FPIs return but fears of Fed tightening remain
At 13.8% gains, India best-performing stock market since June lows
The benchmark Nifty50 Index has gained the most among major global markets, soaring 13.8 per cent since June 17, when it had dropped to its lowest levels in 13 months
 "At 13.8% gains, India best-performing stock market since June lows")
India's market capitalisation to GDP goes past 100% again, shows data
Interestingly, between 2008-09 and 2019-20, the ratio going past 100 per cent was a rarity
 "India's market capitalisation to GDP goes past 100% again, shows data")
Street Signs: Oil boost for paint and tyre stocks, NMDC gains 4%, and more
Shares of NMDC (formerly National Mineral Development Corporation) rallied over 4 per cent on Friday, even as the stock got removed from the Nifty CPSE index
FPIs raise bets on FMCG stocks; prune holdings in energy and IT
In July, they were net-buyers after nine consecutive months of selling
 "FPIs raise bets on FMCG stocks; prune holdings in energy and IT")
Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data
Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31
 "Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data")
High ADR signals broad-based market; investor appetite for riskier bets
An ADR of more than 1 indicates that more stocks have gained than those that have declined
 "High ADR signals broad-based market; investor appetite for riskier bets")
Stock spurt fails to lift cash-market volumes in July, shows data
FPIs bought shares worth Rs 4,989 crore in July after being net-sellers since October
 "Stock spurt fails to lift cash-market volumes in July, shows data")
Street signs: Nifty faces resistance, auto stocks see long build-up & more
The bullishness stems from a positive long-term outlook for automakers
 "Street signs: Nifty faces resistance, auto stocks see long build-up & more")
History revisited: Indices rebound after 3 consecutive months of declines
This follows 2020, 2012, 2011 pattern, and the one in 2008, during the Global Financial Crisis
 "History revisited: Indices rebound after 3 consecutive months of declines")
