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 72 - Sundar Sethuraman
ITC share price falls 4% after weak December quarter results
The stock had run up as much as 40% since November
 "ITC share price falls 4% after weak December quarter results")
Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again
The Nifty50 index rose 367 points, or 2.6 per cent, to settle at 14,648, surpassing its previous record made on January 20
 "Investors richer by Rs 10.5 trn after Budget; Sensex crosses 50K-mark again")
Bulls take charge at Dalal Street: Sensex up over 2,300 pts on Budget day
The benchmark Sensex jumped 5 per cent, while the Bank Nifty zoomed 8.3 per cent
Street signs: Sebi ups its guard, HNI bets Indigo Paints IPO at risk & more
Given the strict trading restriction a 'short squeeze' strategy is difficult to execute in India.
 "Street signs: Sebi ups its guard, HNI bets Indigo Paints IPO at risk & more")
Markets see worst weekly setback since May, Sensex off 7.8% from peak
FPIs sell Rs 5,931 crore on Friday, most since March
 "Markets see worst weekly setback since May, Sensex off 7.8% from peak")
Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%
A sharp fall in the US markets on Wednesday and weak opening in other Asian markets weighed on sentiment of domestic investors causing the Sensex to drop nearly 900 points in intra-day trade
 "Sensex ends 535 points lower, Nifty just above 13,800; Maruti falls 3.5%")
Over 80% of BSE stocks slide after the historic high, shows data
The Sensex, too, has fallen by 6 per cent, ending Thursday's session at 46,874.36
Stove Kraft IPO subscribed 18 times despite secondary market sell-off
Institutional portion garners 8x, HNI subscribed 33 times, while retail quota saw 26x subscription
 "Stove Kraft IPO subscribed 18 times despite secondary market sell-off")
Eight of 10 BSE 500 stocks retreat from historic 50,000 level of Jan 20
416 stocks shed an average 5.4% and a tenth decline over 10% in just five trading sessions
 "Eight of 10 BSE 500 stocks retreat from historic 50,000 level of Jan 20")
Tax worries roil indices ahead of Budget; Sensex down 5% from peak
YTD returns turn negative
 "Tax worries roil indices ahead of Budget; Sensex down 5% from peak")
Low price denomination stocks dominate investor interest, shows data
Thirty-nine, including Subex, McLeod Russel, Jet Airways, Jain Irrigation Systems, and Sintex Plastics Technology, have surged more than 5x during this period
 "Low price denomination stocks dominate investor interest, shows data")
Banking stocks, Reliance Industries keep indices' winning streak on course
The benchmark Sensex ended the session at 49,517, a gain of 247 points or 0.5 per cent. The Nifty rose 78 points or 0.5 per cent to end the session at 14,563
Sensex closes in on 50,000 milestone, Nifty ends at 14,484; IT stocks gain
Indian stocks continue to be the beneficiaries of benign foreign portfolio investor (FPI) flows amid signs of recovery in the economy
 "Sensex closes in on 50,000 milestone, Nifty ends at 14,484; IT stocks gain")
Promoter pledging declines to a two-year low of 11% in December
But value of pledged holding rises, buoyed by market rally
 "Promoter pledging declines to a two-year low of 11% in December")
Exchanges and depository stocks surge since March lows, shows data
Analysts said investors are betting on stocks which had little or no disruption in their business activity after the onslaught of Covid-19
 "Exchanges and depository stocks surge since March lows, shows data")
Street signs: ELSS outflow an unusual surprise, Antony shares slide & more
The shares of civic services provider Antony Waste Handling Cell has already lost a third of its listing gains a week after its market debut
Bull run continues: Indices on longest weekly winning streak since 2009
Sensex, Nifty hit fresh all-time highs on Friday
 "Bull run continues: Indices on longest weekly winning streak since 2009")
Revival hopes fuel 500% surge in Jet Airways stock since September 2020
Analysts, however, advise caution against excessive speculation in the counter
 "Revival hopes fuel 500% surge in Jet Airways stock since September 2020")
BSE cash market trades on mobiles up 11x on wider access, cheap data
The share of cash market trades carried out on mobile phones was 1.5 per cent in January 2016 on the BSE. It rose to 16.6 per cent in December last year.
 "BSE cash market trades on mobiles up 11x on wider access, cheap data")
Budget wishlist: Broking community seeks time limit on Sebi proceedings
In a submission to the Union government, the brokers association said the Sebi Act does not prescribe any period of limitation on initiation of proceedings
 "Budget wishlist: Broking community seeks time limit on Sebi proceedings")
