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 63 - Sundar Sethuraman
Street signs: Fuel-sensitive stocks, Paytm's Rs 18,300-crore IPO, and more
Many are hoping that the shares will do well going ahead due to the relatively attractive valuations
 "Street signs: Fuel-sensitive stocks, Paytm's Rs 18,300-crore IPO, and more")
Market begins Samvat 2078 on positive note, Sensex ends above 60,000
This was the fourth straight year the market has notched up gains on Muhurat day
 "Market begins Samvat 2078 on positive note, Sensex ends above 60,000")
IPO rush: Samvat 2078 set to break new records with mega issues
Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns
 "IPO rush: Samvat 2078 set to break new records with mega issues")
Nykaa's Rs 5,300-crore IPO sees strong interest; subscribed 82x
This is the second-biggest IPO since that of food delivery start-up Zomato's, the first by an Indian unicorn.
 "Nykaa's Rs 5,300-crore IPO sees strong interest; subscribed 82x")
Robust indicators and strong global cues lift benchmark indices
All eyes now on US Fed meet this week, say analysts
 "Robust indicators and strong global cues lift benchmark indices")
Street signs: Nifty forms bearish candle, mixed demand for IPOs & more
Over half a dozen IPOs looking to raise over Rs 32,000 crore have got lined-up
 "Street signs: Nifty forms bearish candle, mixed demand for IPOs & more")
IRCTC convenience fee controversy will impact PSU pack, say analysts
Firm's stock tanked 29% intraday on Friday after it said a day earlier that it was asked to share half its convenience fee with railways
 "IRCTC convenience fee controversy will impact PSU pack, say analysts")
Indices fall for third straight day as FPI selling weighs on market
Sensex, Nifty drop more than 1%; foreign investors sell shares worth Rs 5,143 crore
 "Indices fall for third straight day as FPI selling weighs on market")
Indices post biggest fall in 6 mths as inflation, valuation trigger selloff
Market experts said investors were spooked by the RBI's plan to drain cash from the banking system
 "Indices post biggest fall in 6 mths as inflation, valuation trigger selloff")
Nykaa anchor book subscribed 40x on strong institutional interest
A clutch of large foreign as well as domestic funds have submitted bids worth over Rs 95,000 crore
 "Nykaa anchor book subscribed 40x on strong institutional interest")
Markets on longest winning streak in 10 months, rise seventh day on trot
Gain for 7th day; shrug off worries about rising yields, oil prices
 "Markets on longest winning streak in 10 months, rise seventh day on trot")
Street signs: Hindustan Zinc seen extending gains, exercise your RE & more
This is expected to put further upward pressure on the price of the commodity
 "Street signs: Hindustan Zinc seen extending gains, exercise your RE & more")
Sensex, Nifty log new fresh highs on IT sector earnings, macro data
The strong numbers posted by Infosys, Wipro, and Mindtree dissipated worries that arose after TCS's results
 "Sensex, Nifty log new fresh highs on IT sector earnings, macro data")
Aditya Birla Sun Life MF ends below listing price on debut
The stock closed at Rs 699.6, down Rs 12.4 over issue price of Rs 712 per share; it touched a high of Rs 723 and a low of Rs 695 with shares worth Rs 600 crore changing hands
 "Aditya Birla Sun Life MF ends below listing price on debut")
India a key driver in global IPO boom in the third quarter, says EY
547 IPOs the world over raised $106.3 bn in Q3 of CY2021, up 18% by deals than previous third-quarter record set in 2007 and 11% higher mop up than the last record setting third quarter in 2020
 "India a key driver in global IPO boom in the third quarter, says EY")
Nifty50 breaches 18,000-mark for the first time; IT disappoints
The Sensex rose 77 points, or 0.13 per cent, to close at a fresh lifetime high of 60,136
 "Nifty50 breaches 18,000-mark for the first time; IT disappoints")
Street signs: Passive flow boost for RIL, Ami Organics stock falls & more
Shares of Ami Organics dropped more than 4 per cent on Friday as the 30-day lock-in period meant for anchor investors ended
 "Street signs: Passive flow boost for RIL, Ami Organics stock falls & more")
Stocks rebound as headwinds ease, Sensex ends 0.8% up at 59,678 points
Investors were rattled the past few weeks due to prospects of higher inflation and reduced stimulus. A likely deal between US lawmakers to boost US debt limit into December calmed nerves
 "Stocks rebound as headwinds ease, Sensex ends 0.8% up at 59,678 points")
Sebi proposes sweeping changes to HNI allotment process for IPOs
Also suggests changes to price discovery norms
 "Sebi proposes sweeping changes to HNI allotment process for IPOs")
Inflation fears, crude price spook markets, Sensex, Nifty fall nearly 1%
FPIs sold shares worth Rs 803 crore on Wednesday, taking their two-day selling tally past the Rs 2,000-crore mark
