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 74 - Sundar Sethuraman
Street signs: Debt funds under pressure, diagnostic firms go weak and more
Buying shares of companies that operate in the cold storage space is emerging as a hot theme on Dalal Street
 "Street signs: Debt funds under pressure, diagnostic firms go weak and more")
RBI forecast, foreign portfolio investments flows push Sensex past 45,000
The benchmark indices gained for the fourth straight session and fifth straight week - the longest run of weekly gains since July
 "RBI forecast, foreign portfolio investments flows push Sensex past 45,000")
Burger King IPO subscribed 9.4x on Day 2; offering to close on Friday
Only 10 per cent of the issue has been reserved for retail investors
 "Burger King IPO subscribed 9.4x on Day 2; offering to close on Friday")
Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth
Last week, it sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week
 "Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth")
Street signs: Market uptrend intact, opportunity in TCS buyback, and more
Several brokerages are advising their retail clients to buy shares of TCS to benefit from the arbitrage opportunity created by its Rs 16,000-crore share repurchase programme
 "Street signs: Market uptrend intact, opportunity in TCS buyback, and more")
Gland Pharma makes strong market debut on Friday, stock rises 21%
The post-listing market capitalisation for the company stands at Rs 29,848 crore, helping it break into the top 10 valuable pharma firms in the country
 "Gland Pharma makes strong market debut on Friday, stock rises 21%")
Rude jolt: Sensex falls 580 points on weak global cues, Nifty ends at 12772
Analysts said the market had entered overbought territory and was precariously poised after the sharp run-up this month
 "Rude jolt: Sensex falls 580 points on weak global cues, Nifty ends at 12772")
Gland Pharma's grey market premium soars ahead of Friday's debut
The retail and HNI portion of the IPO were subscribed just 51 per cent and 24 per cent, respectively
 "Gland Pharma's grey market premium soars ahead of Friday's debut")
Morgan Stanley sees Sensex at 50,000 in 2021, raises index EPS
Brokerage believes the economic growth cycle is not fully priced in; equity market may have more legs before it tops out
 "Morgan Stanley sees Sensex at 50,000 in 2021, raises index EPS")
Street rewards all but one of 12 companies that pruned share pledges
Sequent Scientific and Everyday Industries saw percentage shareholding pledged by promoters go down by over 44 per cent each and their shares rally by 68 per cent and 75 per cent, respectively
 "Street rewards all but one of 12 companies that pruned share pledges")
Street signs: Nifty may scale 13,000-mark, PSE trade gains momentum & more
Analysts believe the markets remain in the control of bulls and the Nifty will soon scale the 13,000-mark
 "Street signs: Nifty may scale 13,000-mark, PSE trade gains momentum & more")
Markets begin Samvat 2077 on a positive note, indices gain 0.4%
Buying shares on muhurat day is considered auspicious by some market participants
 "Markets begin Samvat 2077 on a positive note, indices gain 0.4%")
Markets log double-digit gains in Samvat 2076 amid high volatility
Late surge improves return scorecard; Indices see wildest swing in 11 years
 "Markets log double-digit gains in Samvat 2076 amid high volatility")
Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points
The Nikkei Manufacturing Purchasing Managers' Index (PMI) rose to 58.9 in October - the highest since May 2010 - igniting hopes of a strong recovery in the economy
 "Recovery hopes, US poll optimism propel indices; Sensex jumps 504 points")
RIL shareholders lose Rs 1.2 trillion as Q2 earnings weigh on stock
Ambani slips four places on global rich list
 "RIL shareholders lose Rs 1.2 trillion as Q2 earnings weigh on stock")
Street signs: Market trend turns weak, Laurus Labs stock rises, and more
After a sustained bull run, the markets are expected to enter a turbulent period
Rising Covid cases, US elections jolt global markets for 2nd time this week
Sensex slips 600 pts amid global sell-off; Dow slides 700 pts as uncertainty fuels investor anxiety
 "Rising Covid cases, US elections jolt global markets for 2nd time this week")
Concerns over US fiscal stimulus, Covid-19 surge roil global markets
Sensex drops 540 points; Wall Street's indices deep in the red
 "Concerns over US fiscal stimulus, Covid-19 surge roil global markets")
Sebi plan to introduce capital adequacy norms rattles stockbrokers
Traders contend norms are stringent, no need for them when regulator has already reduced brokers' dependency on client securities and margin
 "Sebi plan to introduce capital adequacy norms rattles stockbrokers")
Street signs: US election cloud on FPI flows, tech boost for L&T & more
Analysts expect the markets to remain upbeat until the presidential polls, but investors may be better off on the sidelines until then
 "Street signs: US election cloud on FPI flows, tech boost for L&T & more")
