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 56 - Sundar Sethuraman
Market sentiment gets a boost as FPI selloff stems in July after 10 months
What led to such record outflows? "Rising global central banks' rates, rupee depreciation, expensive valuations and geopolitical risks," says BofA in a note.
 "Market sentiment gets a boost as FPI selloff stems in July after 10 months")
The big bounce-back: Nifty logs biggest monthly gains since November 2020
FPIs buy shares worth Rs 6,300 crore, first net inflow since Sept 2021
 "The big bounce-back: Nifty logs biggest monthly gains since November 2020")
Markets surge after Fed signals slower rate hikes; Sensex up over 1,000 pts
Four-fifths of the Sensex constituents ended with gains. Bajaj Finance rose 10.7 per cent and was the best-performing index stock
 "Markets surge after Fed signals slower rate hikes; Sensex up over 1,000 pts")
Markets dip for a second day ahead of Fed rate hike; Sensex falls 497 pts
The Sensex ended the session at 55,268, with a decline of 497 points, or 0.9 per cent
 "Markets dip for a second day ahead of Fed rate hike; Sensex falls 497 pts")
Broking houses cut target price for RIL after disappointing Q1 show
Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420
 "Broking houses cut target price for RIL after disappointing Q1 show")
Markets snap 6-day winning streak over Fed anxiety; Sensex falls 306 pts
More than the Fed's hike, it is the commentary that would impact market sentiment
 "Markets snap 6-day winning streak over Fed anxiety; Sensex falls 306 pts")
Amid volatility, domestic market sees sharp rebound from 2022 lows
The latest upmove has been underpinned by positive foreign portfolio investor (FPI) flows
 "Amid volatility, domestic market sees sharp rebound from 2022 lows")
Street Signs: Stocks in overbought territory, PVR shares flat, and more
Markets are expected to remain volatile on opening as they absorb the results of Reliance Industries and Infosys
 "Street Signs: Stocks in overbought territory, PVR shares flat, and more")
Markets gain for sixth consecutive day in longest streak since October
The rally in banking and finance stocks after some banks posted good quarterly results also helped sentiment
Bulls back on D-Street: Indices gains 4% in the past 5 trading sessions
IndusInd Bank was the best-performing Sensex stock and rose 7.8 per cent
 "Bulls back on D-Street: Indices gains 4% in the past 5 trading sessions")
Equity fund-raising through QIP slumps over 80% to Rs 5,039 crore
Slumps over 80%; titans of India Inc in wait-and-watch mode to see how economy navigates a torrent of headwinds
Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days
Sensex closes at highest level since June 6; Up 8% from CY22 lows
Investor sentiment in doldrums, growth optimism hits record low: BofA study
Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks
 "Investor sentiment in doldrums, growth optimism hits record low: BofA study")
Biggest market jump in a month adds Rs 3.4 trillion to investor wealth
1.4% jump comes on the back of easing recession fears, China policy support
From RIL to Maruti Suzuki, big mutual fund buys in June see turbulence
On July 1, shares of RIL crashed over 7 per cent, following the government imposing windfall taxes on domestic crude oil production and fuel exports
SME IPOs are outliers this year despite a sharp sell-off in the market
The stock prices of 47 companies that have listed on SME bourses this year are up 32 per cent on average
 "SME IPOs are outliers this year despite a sharp sell-off in the market")
Street signs: 15,800 key for Nifty, headwinds for gold financiers & more
Shares of gold finance firms, such as Muthoot Finance and Manappuram Finance, may come under pressure because of the softness in the price of yellow metal
 "Street signs: 15,800 key for Nifty, headwinds for gold financiers & more")
One year of startup listings: Exuberance tapers as firms lose grip on gains
After Zomato's promising start, global tech meltdown halts listing gravy train
 "One year of startup listings: Exuberance tapers as firms lose grip on gains")
Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO
'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'
 "Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO")
Led by new-gen investors, mobile trading accounts for a fifth of trades
Higher smartphone penetration and lower data charges are powering this trend, say industry players
 "Led by new-gen investors, mobile trading accounts for a fifth of trades")
