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 59 - Sundar Sethuraman
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
 "From RIL to Maruti Suzuki, big mutual fund buys in June see turbulence")
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")
At 1.79 million, demat accounts opened in June fewest since Feb 2021
The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 - higher than 12.4 million added in the first half of 2021
 "At 1.79 million, demat accounts opened in June fewest since Feb 2021")
Street Signs: Market uptrend, short covering in Tata Motors, and more
Nifty has not gained for more than three weeks in a row since mid-January 2022
 "Street Signs: Market uptrend, short covering in Tata Motors, and more")
Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points
Indices end at highest level in nearly a month
 "Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points")
BSE FMCG Index nears new high as falling input prices spark optimism
Rural demand another reason for buoyant sentiment towards FMCG stocks
 "BSE FMCG Index nears new high as falling input prices spark optimism")
Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27
Shares of Kotak Bank rose 2.64 per cent on Wednesday to end at Rs 1,707, valuing the lender at $42.8 billion (Rs 3.4 trillion)
 "Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27")
Bulls are back: Equities rebound over 1%; crude below $100 per barrel
Reversal in FPI selling buoys sentiment
 "Bulls are back: Equities rebound over 1%; crude below $100 per barrel")
Markets find their feet as FPIs step off pedal after brutal selloff
In the past fortnight, the average daily selling by overseas funds has moderated to less than Rs 1,400 crore, compared with nearly Rs 3,500 crore in the preceding fortnight
 "Markets find their feet as FPIs step off pedal after brutal selloff")
Direct retail inflows seen declining as weakness in mkt weighs on sentiment
During the March 2022 quarter, net retail flows stood at Rs 49,700 crore, data provided by the exchange shows
 "Direct retail inflows seen declining as weakness in mkt weighs on sentiment")
Street signs: Traders eye Nifty break-out, more steam left in ITC & more
Shares of ITC jumped 4 per cent in Friday's trading session
 "Street signs: Traders eye Nifty break-out, more steam left in ITC & more")
Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr
FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows
 "Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr")
Sensex, Nifty end flat; log biggest quarterly loss since March 2020
The rise in crude oil prices, interest-rate hikes by central banks, disruptions in global supply chains, and fears of recession have led to a market decline over the past three months
 "Sensex, Nifty end flat; log biggest quarterly loss since March 2020")
Akash Ambani takes up reins of Jio Infocomm as part of succession plan
Mukesh Ambani steps down as part of succession plan
 "Akash Ambani takes up reins of Jio Infocomm as part of succession plan")
Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday
The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting
 "Adjustment Day: Fine 'rebalancing' act for Nifty indices on Wednesday")
15-yr record in IPO filing with Sebi belies market volatility, shows data
This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture
 "15-yr record in IPO filing with Sebi belies market volatility, shows data")