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 78 - Sundar Sethuraman
Mkts extend rally on stimulus boost; Sensex up 1,411 pts, Nifty above 8,600
Sensex rebounds 15% in three days from recent lows
 "Mkts extend rally on stimulus boost; Sensex up 1,411 pts, Nifty above 8,600")
Markets surge 7% as hopes of financial stimulus package keeps mood buoyant
The Sensex jumped 1,862 points to end at 28,536, while the Nifty50 index rallied 517 points, or 6.6 per cent, to settle at 8,318 - the biggest single-day gains for the benchmark indices since May 2009
 "Markets surge 7% as hopes of financial stimulus package keeps mood buoyant")
Markets rise on stimulus hopes; Sensex up 1,628 pts, Nifty ends above 8,700
To avert a global recession, most central banks have announced measures worth trillion of dollars.
 "Markets rise on stimulus hopes; Sensex up 1,628 pts, Nifty ends above 8,700")
Markets test demonetisation levels before a small recovery; Sensex falls 2%
Most stocks continued to see volatile moves because of the uncertainty created by the coronavirus pandemic
Coronavirus: Bear tightens grip on markets; Sensex ends at over 3-year low
Concerns about the spread of coronavirus continued to accelerate. As of Wednesday, 151 cases were reported in the country
 "Coronavirus: Bear tightens grip on markets; Sensex ends at over 3-year low")
Market rebounds as bulls deliver knockout punch after opening-hour shocker
Nifty hit lower circuit in opening session, halting trade for 45 minutes. Indices see sharpest recovery; Sensex rebounds 5,000 pts from day's low.
 "Market rebounds as bulls deliver knockout punch after opening-hour shocker")
Coronavirus scare cripples markets as indices post biggest single-day drop
Sensex tumbles 2,919 points, biggest-ever in absolute terms. Over Rs 11 trillion worth of investor wealth wiped out. Global stock rout deepens amid growth concerns
 "Coronavirus scare cripples markets as indices post biggest single-day drop")
YES Bank crisis, Coronavirus fears spell double trouble for markets
Benchmark indices enter correction territory; rupee near 74 against dollar
 "YES Bank crisis, Coronavirus fears spell double trouble for markets")
SBI Cards IPO subscribed 26 times despite tough market conditions
The 100-million share offering generated close to 2.7 billion bids
 "SBI Cards IPO subscribed 26 times despite tough market conditions")
Markets on edge: Weak economic data, Coronavirus spook investors further
Factory activity in China, the global engine of growth, has contracted at the fastest pace on record
Black Friday for markets: Sensex falls 1,448 points, Nifty drops 432 points
Indices see biggest single-day drop in 5 years; 5-day sell-off wipes off Rs 12-trn investor wealth
 "Black Friday for markets: Sensex falls 1,448 points, Nifty drops 432 points")
Coronavirus pushes markets deeper into red; Sensex falls 143 points
Market players said if not for the buying by domestic investors, there could have a steeper decline. They bought shares worth over Rs 3,000 crore in each of the last two trading sessions.
 "Coronavirus pushes markets deeper into red; Sensex falls 143 points")
Coronavirus outbreak: Sensex falls 807 pts, Dow plunges over 1,000 pts
All Nifty stocks end in the red
 "Coronavirus outbreak: Sensex falls 807 pts, Dow plunges over 1,000 pts")
Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case
It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015
 "Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case")
Nifty crosses 12,300-mark on easing tensions, Sensex up 147 points
Friday's rise helped the indices mark their first weekly gain in three weeks
 "Nifty crosses 12,300-mark on easing tensions, Sensex up 147 points")
Sebi directs exchanges to implement a framework to monitor margins
The move is likely to have a wider impact on volumes in the futures & options (F&O) segment, in which leveraged intra-day trades had been a common practice
On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off
Standard gold falls over 2.4% to Rs 39,772, biggest drop since Oct 2016
 "On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off")
Bank-backed broking houses expect client influx after Karvy fiasco
Trust deficit after Karvy fiasco and access to margin facility to drive shift of investors
 "Bank-backed broking houses expect client influx after Karvy fiasco")
Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher
On average, IPO stocks listed 20 per cent higher than their issue price on a listing day
 "Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher")
Delivery volumes at 10-yr low even as benchmark indices hit new highs
Investors wary of taking long-term positions to avoid large losses
 "Delivery volumes at 10-yr low even as benchmark indices hit new highs")
