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
Taper tantrum, inflation surpass Covid as top market risk: BofA survey
An overwhelming 93 per cent of FMS investors expect higher inflation in the next 12 months
 "Taper tantrum, inflation surpass Covid as top market risk: BofA survey")
Fast-track Covid-19 vaccine approval gives indices a shot in the arm
Sensex, Nifty rise 1.4%; experts see volatility continuing in near term
 "Fast-track Covid-19 vaccine approval gives indices a shot in the arm")
Bears maul markets: Indices plunge 3.5%, m-cap worth Rs 8.8 trn wiped out
The Sensex fell 1,708 points, or 3.4 per cent, to end the session at 47,883 -- the lowest close since January 29 -- while the Nifty 50 index closed at 14,311, declining 524 points, or 3.5 per cent
 "Bears maul markets: Indices plunge 3.5%, m-cap worth Rs 8.8 trn wiped out")
Benchmark indices continue winning streak on RBI's accommodative stance
The Sensex rose 460 points, or 0.94 per cent, to close at 49,662, while the Nifty50 added 136 points, or 0.92 per cent, to end the session at 14,819
 "Benchmark indices continue winning streak on RBI's accommodative stance")
Lodha Group's Rs 2,500-crore IPO subscribed 26% on Day 1
A day earlier, the company allotted shares worth Rs 740 crore to anchor investors
 "Lodha Group's Rs 2,500-crore IPO subscribed 26% on Day 1")
Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points
"The semi-lockdown by the Maharashtra government has made investors nervous," said Jyoti Jaipuria, founder, Valentis Advisors
 "Maharashtra Covid-19 curbs sink markets; Sensex falls over 1,400 points")
Street signs: Macrotech GMP muted, PLI boost for AC companies & more
With the markets turning range-bound, investors are looking for bottom-up investment opportunities
 "Street signs: Macrotech GMP muted, PLI boost for AC companies & more")
Over 70% IPOs delivered gains on listing day in FY21, shows data
On average, listing-day gains stood at 34%, the highest in over five years
 "Over 70% IPOs delivered gains on listing day in FY21, shows data")
Macrotech IPO to open on April 7; price band set at Rs 483-Rs 486
The IPO comprises fresh issuance of equity shares worth Rs 2,500 crore
Revenue growth of brokerages likely to moderate in next fiscal: Crisil
Broking industry revenue growth to moderate in FY22, rise in volatility and regulatory changes could weigh on volumes
 "Revenue growth of brokerages likely to moderate in next fiscal: Crisil")
Sensex drops 627 points, Nifty ends at 14,691; Banks, RIL drag market
A day earlier, both the indices had posted their biggest gain in nearly two months, advancing 2.3 per cent each
Nazara hits lower limit after surging 84% on debut, stock ends 45% up
Market players said the spate of recent weak listings forced high networth individuals (HNIs) to take gains at the table
 "Nazara hits lower limit after surging 84% on debut, stock ends 45% up")
Sensex, Nifty jump over 2% to record highest increase in 2 months
Sensex leaps 1,128 points to reclaim 50,000, Nifty rises 338 points as it moves near 15,000-mark
 "Sensex, Nifty jump over 2% to record highest increase in 2 months")
Markets end two-month lows, helped by Biden's Covid-19 vaccination target
Most Asian and European markets rose after revised US vaccine targets boosted optimism and revived hopes of global growth.
 "Markets end two-month lows, helped by Biden's Covid-19 vaccination target")
Laxmi Organic shares soar 26% in market debut
The firm is a leading manufacturer of acetyl intermediates and specialty intermediates
 "Laxmi Organic shares soar 26% in market debut")
Markets extend selloff as Covid-19 surges; investors flee risky assets
Over Rs 10 trillion of investor wealth has been wiped out in March, as rising US bond yields and Covid-19 infections triggered a flight to safety.
 "Markets extend selloff as Covid-19 surges; investors flee risky assets")
Markets slump as coronavirus cases rise, global recovery turns uncertain
Nifty ended at 14,549, with a decline of 265 points or 1.8 per cent. Sensex ended at 49,180, falling 871 points or 1.7 per cent.
 "Markets slump as coronavirus cases rise, global recovery turns uncertain")
Share sales at listed firms gather pace in March
Listed companies have seen equity deals worth Rs 23,500 crore in March
 "Share sales at listed firms gather pace in March")
Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak
Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each
 "Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak")
Easy Trip gains 10% on debut; analysts say HNIs made losses on IPO
The listing was muted compared to the oversubscription seen during the IPO
