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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.
Indices delivered annual returns of 9.2% amid tepid corporate earnings growth
In the next few years as the disruption picks up the pace, incumbents will be forced to reduce broking charges even for cash products
Over $3 billion already invested in domestic equities in March; Fed pause, hopes of political continuity key drivers
The market regulator amended delisting regulations to allow acquirers to make a 'counter-offer', in case price discovered through reverse book building (RBB) was not acceptable to them
Latest rally brings 6-month performance of domestic equities at par with global peers
Biggest single-day gain for benchmark indices since Jan 31; FPIs continue to pour in big money
The decline in Sensex is a worrying trend for investors
The latest jump in shares of the smaller companies comes after a year of sharp underperformance
The Nifty Midcap 100 index rose 0.6 per cent to 17,464, the most since January 18
Nifty Smallcap 100, Midcap 100 rally 3.9%, 2.4%
According to data from stock exchanges and Sebi, domestic funds pulled out around $500 million while FIIs buying in the past few sessions neared $1 billion
The valuation differential has widened in the past five years
Fresh issue component in total fund below 20% for a second year in a row
The Indian market has under performed most major global markets this month
The Sensex is down 3,000 points or over 8% from its August high
Market participants said the macroeconomic concerns, disappointing results in the last seven sessions and lingering US-China trade tensions put pressure on the markets
Since its launch in Nov 2017, the Centre has raised Rs 22,900 cr through Bharat 22 ETF in two tranches
The OFS was subscribed 3.68 times on Wednesday, the second day of the offer
SUUTI informed the exchanges it has decided to exercise the greenshoe option to sell an additional 26 million or 1.02 per cent of equity shares in the company
They have diluted their shareholding to meet other funding requirements