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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.
Rising US yields halt indices after two days of gains
Sensex, Nifty rise 2.6% in 2 days, erasing half the losses made in last 5 sessions
Gains were led by heavyweights like RIL, Infosys amid strong global cues
In a Q&A, Mrinal Singh, CEO & CIO of the firm, says Indian markets are better placed than other EMs and there are enough bottom-up opportunities
Domestic institutional investors pumped in close to Rs 4,000 crore on Tuesday.
Total mcap erosion pegged at Rs 2.72 trillion; HDFC Bank falls for ninth straight day, down 3.73% to Rs 1,343.3. HDFC sheds 5.5% to Rs 2,138.7
Infy's weak numbers triggers selloff in other IT shares
Besides weak earnings, investors had to digest negative macroeconomic data on the inflation and GDP outlook front
The Nifty50 index ended the truncated week at 17,476 - close to its 20-day exponential moving average of 17,450
Experts say, however, that pace of additions may moderate going ahead
This is fifth decline in six sessions; analysts expect markets to react to inflation data today
In a Q&A, the CEO of the discount broking firm says the industry is seeing huge traction from smaller cities and first-time investors
The equity cash market grew 9 per cent and derivative volumes jumped 2.6 times
The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality
On Thursday, overseas investors sold shares worth Rs 5,009 crore, while domestic institutions invested Rs 1,775 crore
Minutes of meeting showed Fed plans to shrink its $9-trn balance sheet by over $1 trn a year, pare bond holdings by $95 bn a month to cool off inflation which has hit four-decade high
Investment bankers say successful execution of large block trades is a healthy sign and could pave the way for large initial public offerings (IPOs) and additional fund-raising by listed companies
Overseas investors sold shares worth Rs 2,280 crore, while domestic institutions provided buying support of Rs 623 crore
Reports of fresh sanctions against Russia further impact sentiment. Investors worry that the growing isolation of Russia will further disrupt commodity flows
This was on account of companies rushing to take advantage of the favourable market sentiment towards IPOs triggered by various reasons