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.
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Congress MLA VD Satheesan to be the leader of opposition in Kerala
Satheesan will be leading the 41 member UDF in the assembly
 "Congress MLA VD Satheesan to be the leader of opposition in Kerala")
Sensex posts biggest jump since March 30, gains 2% to close at 50,540
India's m-cap on brink of $3 trillion mark as benchmark delivers best weekly show since Feb 5
 "Sensex posts biggest jump since March 30, gains 2% to close at 50,540")
New Cabinet led by CM Pinarayi Vijayan assumes charge in Kerala
Vijayan held his first cabinet meeting on Thursday and announced some government initiatives for the next five years
 "New Cabinet led by CM Pinarayi Vijayan assumes charge in Kerala")
Sensex, Nifty fall for second day; ONGC, Sun Pharma, Power Grid top losers
Most Asian markets traded weak after the overnight fall in the US markets
 "Sensex, Nifty fall for second day; ONGC, Sun Pharma, Power Grid top losers")
Metal stocks shed 3.6% amid Chinese demand worries, the most since April 12
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
 "Metal stocks shed 3.6% amid Chinese demand worries, the most since April 12")
Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000
Fall in Covid-19 cases, prospect of economy normalising in near term lift indices for a second day
 "Bulls gain strength: Sensex reclaims 50,000, Nifty ends above 15,000")
Dip in Covid cases boosts indices; Sensex up 1.74%, FIIs remain net sellers
The uptick in global markets on optimism over the economic recovery helped counter concerns over rising inflation.
 "Dip in Covid cases boosts indices; Sensex up 1.74%, FIIs remain net sellers")
Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more
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
Four initial public offerings to raise Rs 4,000 crore in a few weeks
Analysts say there's still appetite for firms with solid fundamentals
 "Four initial public offerings to raise Rs 4,000 crore in a few weeks")
PowerGrid Infrastructure Investment Trust ends debut trade at 3% premium
The IPO, which concluded on May 3, was subscribed 4.8 times. The IPO was priced between Rs 99 and Rs 100 per unit. The InvIT had raised Rs 7,735 crore
 "PowerGrid Infrastructure Investment Trust ends debut trade at 3% premium")
Federal Reserve unlikely to change its stance in the near term: Analysts
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
 "Federal Reserve unlikely to change its stance in the near term: Analysts")
Global inflation concerns pull down markets; Sensex falls 471 points
The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.
Street signs: Coffee stocks in demand, Mitsui-IHH deal, and more
Last week, Bloomberg reported that Mitsui was teaming up with private equity players to make an $11-billion bid for IHH
 "Street signs: Coffee stocks in demand, Mitsui-IHH deal, and more")
Financial, energy stocks saw highest FPI selling at over $1.5 bn in April
FMCG, real estate, IT report positive flows
 "Financial, energy stocks saw highest FPI selling at over $1.5 bn in April")
India, emerging markets lag US in first 100 days of Joe Biden as president
Strong economic growth in the US coupled with aggressive stimulus measures and rapid vaccination has propelled the world's biggest market
Street signs: MF fancy UTI AMC, analysts positive on road builders
Several MF houses bought shares of peer UTI Asset Management Company during the March quarter
 "Street signs: MF fancy UTI AMC, analysts positive on road builders")
Nifty50 has found support at its 100-day moving average twice
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
 "Nifty50 has found support at its 100-day moving average twice")
Kerala Assembly elections: Welfare thrust helps left rewrite history
The state alternates between UDF and LDF even when governments perform reasonably well. Except in 1977, no ruling front has been re-elected
 "Kerala Assembly elections: Welfare thrust helps left rewrite history")
India vs US listing: Zomato may be test case for start-ups waiting in wings
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
 "India vs US listing: Zomato may be test case for start-ups waiting in wings")
India's benchmark stock indices slide 2% as Covid-19 risks heighten
Bank stocks lead the fall; FIIs pull out Rs 3,465 crore
 "India's benchmark stock indices slide 2% as Covid-19 risks heighten")