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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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Page 76 - Sundar Sethuraman

Mrs Bectors Food IPO subscribed 3.72 times on first day of bidding

The company on Monday had allotted shares worth Rs 162 crore to anchor investors

Mrs Bectors Food IPO subscribed 3.72 times on first day of bidding
Updated On : 16 Dec 2020 | 12:29 AM IST

Burger King shares more than double in best listing day show in three years

Stock at Rs 138 verus issue price of Rs 60, was locked in upper circuit for some part of the day, with only buyers and no sellers

Burger King shares more than double in best listing day show in three years
Updated On : 14 Dec 2020 | 9:51 PM IST

Mrs Bectors' Rs 540-cr IPO to open for subscription on December 15

The issue comprises of Rs 40 crore of fresh capital raise and Rs 500 crore of secondary share sale by four existing shareholders

Mrs Bectors' Rs 540-cr IPO to open for subscription on December 15
Updated On : 11 Dec 2020 | 12:33 AM IST

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS

The stock ended at Rs 1,452, down 10.3 per cent. Analysts said the higher than excepted paper supply by the government weighed on sentiment

IRCTC shares tank over 10% as govt begins to offload 20% stake via OFS
Updated On : 11 Dec 2020 | 12:20 AM IST

With no stopping the bull, Sensex crosses 46,000 amid record FPI flows

Benchmark indices gain in 14 out of past 21 sessions

With no stopping the bull, Sensex crosses 46,000 amid record FPI flows
Updated On : 10 Dec 2020 | 1:58 AM IST

Rising market tide has lifted even firms written off by investors

Shares of several companies written off by investors are making a comeback

Rising market tide has lifted even firms written off by investors
Updated On : 08 Dec 2020 | 11:55 PM IST

Sensex, Nifty end at new all-time high for third day amid vaccine optimism

The Sensex rose 347 points, or 0.77 per cent, to end at 45,427, while the Nifty gained 97 points, or 0.73 per cent, to close at 13,356

Sensex, Nifty end at new all-time high for third day amid vaccine optimism
Updated On : 07 Dec 2020 | 11:52 PM IST

Bank, finance stocks make for nearly half of FPIs' record investment in Nov

The liquidity gush saw the financial pack outperform the markets by a huge margin: The Bank Nifty index jumped 24 per cent, twice the gain made by the Nifty50 index in November

Bank, finance stocks make for nearly half of FPIs' record investment in Nov
Updated On : 07 Dec 2020 | 11:47 PM IST

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
Updated On : 06 Dec 2020 | 8:54 PM IST

Experts advise investors not to ignore higher-priced 'growth' stocks

The MSCI all-country value index outperformed its growth peers by more than 5 percentage points last month - the most in almost two decades

Experts advise investors not to ignore higher-priced 'growth' stocks
Updated On : 07 Dec 2020 | 6:05 AM IST

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
Updated On : 04 Dec 2020 | 10:38 PM IST

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
Updated On : 03 Dec 2020 | 11:57 PM IST

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
Updated On : 03 Dec 2020 | 11:09 PM IST

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
Updated On : 22 Nov 2020 | 8:17 PM IST

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%
Updated On : 20 Nov 2020 | 11:59 PM IST

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
Updated On : 20 Nov 2020 | 12:17 AM IST

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
Updated On : 19 Nov 2020 | 12:15 AM IST

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
Updated On : 17 Nov 2020 | 11:13 PM IST

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
Updated On : 17 Nov 2020 | 12:44 AM IST

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
Updated On : 15 Nov 2020 | 11:11 PM IST