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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.
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
An overwhelming 93 per cent of FMS investors expect higher inflation in the next 12 months
Sensex, Nifty rise 1.4%; experts see volatility continuing in near term
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
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
A day earlier, the company allotted shares worth Rs 740 crore to anchor investors
"The semi-lockdown by the Maharashtra government has made investors nervous," said Jyoti Jaipuria, founder, Valentis Advisors
With the markets turning range-bound, investors are looking for bottom-up investment opportunities
On average, listing-day gains stood at 34%, the highest in over five years
The IPO comprises fresh issuance of equity shares worth Rs 2,500 crore
Broking industry revenue growth to moderate in FY22, rise in volatility and regulatory changes could weigh on volumes
A day earlier, both the indices had posted their biggest gain in nearly two months, advancing 2.3 per cent each