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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.
Analysts say there's still appetite for firms with solid fundamentals
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.
Last week, Bloomberg reported that Mitsui was teaming up with private equity players to make an $11-billion bid for IHH
FMCG, real estate, IT report positive flows
Strong economic growth in the US coupled with aggressive stimulus measures and rapid vaccination has propelled the world's biggest market
Several MF houses bought shares of peer UTI Asset Management Company during the March quarter
On Friday, the index closed at 14,631, after dropping 264 points, or 1.8 per cent. Despite the sharp fall, the 50-share index currently trades above its 100-DMA of 14,459
The state alternates between UDF and LDF even when governments perform reasonably well. Except in 1977, no ruling front has been re-elected
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
Bank stocks lead the fall; FIIs pull out Rs 3,465 crore
Sensex records biggest one-day jump in a month, Nifty50 ends the session with a gain of 211 points or 1.4 per cent
Asian rally too helps Indian markets' biggest surge in 2 weeks
Foresees further profit booking in coming weeks; advises investors to look at market corrections as a buying opportunity from a 6- to 9-month perspective
India had 22 IPOs worth $2.6 bn in Q1 of Calendar 2021 versus 12 IPOs at the same time last year, was ranked ninth globally on number of offerings for the quarter
Says current crisis is a temporary blip and India is poised for a long bull market
The broader markets witnessed healthy buying interest as both mid-cap and small-cap indices ended higher by 0.5 per cent
Benchmark indices drop 3% before settling 1.8% lower, amid Covid-19 surge, new restrictions
The poor listing comes amid weakness in the secondary market because of the rise in Covid-19 infections and lockdown measures imposed in key states
Analysts say till the time the Nifty trades below its 50-day moving average (DMA) the trend could be weak