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 70 - Sundar Sethuraman
Four companies to raise Rs 8,800 cr cumulatively in busy week for IPOs
Hyderabad-based Dodla Dairy and Krishna Institute of Medical Sciences announced their Rs 520-crore and Rs 2,144-crore IPOs on Friday
 "Four companies to raise Rs 8,800 cr cumulatively in busy week for IPOs")
SBI Life, HDFC twins topped equity fund managers' buy list in May
SBI Life Insurance, HDFC and HDFC Bank attracted maximum inflows from mutual funds
 "SBI Life, HDFC twins topped equity fund managers' buy list in May")
Street signs: Shyam GMP at 35%, demand recovery to aid Power PSUs & more
Tata Steel is expected to see huge inflows from ETFs over the next week.
 "Street signs: Shyam GMP at 35%, demand recovery to aid Power PSUs & more")
Sensex, Nifty post fourth straight weekly rise; Dr Reddy's rises over 3%
After rising 341 points, the Sensex settled 174 points, or 0.33 per cent, higher at 52,475
 "Sensex, Nifty post fourth straight weekly rise; Dr Reddy's rises over 3%")
PSU m-cap up 77% in 7 months as investors move towards value stocks
But share in total m-cap languishes below 10%, lower than long-term average of 13%
 "PSU m-cap up 77% in 7 months as investors move towards value stocks")
Auto parts supplier Sona Comstar to launch Rs 5,550-crore IPO next week
Price band at Rs 285-291 a share; fresh sale of Rs 300 cr and OFS worth Rs 5,250 crore, of shares held by Singapore Topco, Blackstone affiliate
 "Auto parts supplier Sona Comstar to launch Rs 5,550-crore IPO next week")
Two-month IPO drought set to end with Shyam Metalics Rs 909 cr offer
Steelmaker prunes size issue by 18%, to launch IPO next week
 "Two-month IPO drought set to end with Shyam Metalics Rs 909 cr offer")
FPIs hike exposure to banking and financial stocks, exit in IT in May
The month saw a sharp turnaround in fortunes with overseas investors selling shares worth nearly $900 million during the first half and pumping in close to $500 million during the second
 "FPIs hike exposure to banking and financial stocks, exit in IT in May")
Sensex, Nifty end at record highs as investors bet on economic recovery
Sensex tops February peak to settle at 52,232; Nifty closes at 15,690
 "Sensex, Nifty end at record highs as investors bet on economic recovery")
Paytm shares soar over 80% in grey market on hopes of a killing in IPO
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
 "Paytm shares soar over 80% in grey market on hopes of a killing in IPO")
Kerala Assembly resolution asks for removing Lakshadweep administrator
Resolution says attempts are being made to impose saffron agenda and corporate interests in Lakshadweep.
 "Kerala Assembly resolution asks for removing Lakshadweep administrator")
Nifty makes new record, Sensex near fresh peak; RIL rises over 3%
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
 "Nifty makes new record, Sensex near fresh peak; RIL rises over 3%")
Indian equity markets hit new highs to rub shoulders with developed ones
Benchmark indices of US, UK, Germany & India have climbed to a new peaks
Street signs: Call date with RIL, Pair strategy for Axis, ICICI Bank & more
Prices of key raw materials, such as copper, steel and aluminium, are up between 20 and 40 per cent in one year
 "Street signs: Call date with RIL, Pair strategy for Axis, ICICI Bank & more")
Nifty50 index likely to scale 16,000 in Q2, say technical analysts
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
 "Nifty50 index likely to scale 16,000 in Q2, say technical analysts")
Indices march on as Covid cases dip; post highest 2-week gain since Budget
Sensex has risen 2,690 pts, or 5.5%, since May 14
 "Indices march on as Covid cases dip; post highest 2-week gain since Budget")
From SBI to JSW Steel, a dozen Nifty stocks hit lifetime highs in May
IT companies dominate the list of stocks that hit lifetime highs this year, followed by banks and financial services.
 "From SBI to JSW Steel, a dozen Nifty stocks hit lifetime highs in May")
Nifty50 touches record high as revival hopes spur 5-day winning run
Index closes at 15,338, surpassing previous record of 15,315
 "Nifty50 touches record high as revival hopes spur 5-day winning run")
Nifty50 index ends above 15,300 for the first time since February 16
Index just 14 points shy of lifetime high
 "Nifty50 index ends above 15,300 for the first time since February 16")
Street signs: Nifty's new high on cards, Sensex's costly exclusion & more
Technical analysts say the Nifty looks set to log new life-time highs
 "Street signs: Nifty's new high on cards, Sensex's costly exclusion & more")