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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.
Small-cap index still down 17% YTD, even as Nifty50, mid-cap indices back in green.
Profit-booking after over 17 per cent gains in just two months added to this fall
Shares of new-age companies have dropped more than 60% amid liquidity squeeze.
Share pledging by promoters declined during the April-June quarter (first quarter, or Q1) of 2022-23 (FY23) as markets fell close to 10 per cent
The domestic broking industry has seen a sharp decline in new account openings in the past two months
Fed remarks, China growth concerns hit sentiment
Surpasses January mark with key contributions from newly-listed LIC, Adani Wilmar
A sharp surge in the market from this year's lows in June is stoking equity-share sales at listed companies
Level last seen on Apr 5; indices up 17% since June 17 lows
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
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
On Friday, the Sensex gained 130 points, or 0.2 per cent, to end the session at 59,462
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
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
The Nifty rose 124 points, or 0.7 per cent, to close at 17,659 - the highest since April 11
1.8 mn new accounts added last month, compared to 2.7 million during first half of this year
FPIs return but fears of Fed tightening remain
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
Interestingly, between 2008-09 and 2019-20, the ratio going past 100 per cent was a rarity
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