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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.
The Ant Group-backed firm has got in-principle nod from its board to raise Rs 22,000 cr; IPO is expected to hit the market before end of calendar year
Resolution says attempts are being made to impose saffron agenda and corporate interests in Lakshadweep.
The benchmark Sensex ended the session at 51,937, a gain of 514 points or 1 per cent. The index is currently 217 points or 0.42 per cent below its previous closing high of 52,154, made on February 15
Benchmark indices of US, UK, Germany & India have climbed to a new peaks
Prices of key raw materials, such as copper, steel and aluminium, are up between 20 and 40 per cent in one year
Experts said the performance of banking and energy stocks, mainly Reliance Industries, will be the key for the market to hold on to current levels
Sensex has risen 2,690 pts, or 5.5%, since May 14
IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
Index closes at 15,338, surpassing previous record of 15,315
Index just 14 points shy of lifetime high
Technical analysts say the Nifty looks set to log new life-time highs
Satheesan will be leading the 41 member UDF in the assembly
India's m-cap on brink of $3 trillion mark as benchmark delivers best weekly show since Feb 5
Vijayan held his first cabinet meeting on Thursday and announced some government initiatives for the next five years
Most Asian markets traded weak after the overnight fall in the US markets
State-owned SAIL and Jindal Steel & Power have lost over 17% each since May 10. Industry leaders Tata Steel, JSW Steel and Hindalco are down over 8% each
Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day
The uptick in global markets on optimism over the economic recovery helped counter concerns over rising inflation.
Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields
Analysts say there's still appetite for firms with solid fundamentals