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 84 - Sundar Sethuraman
Trade concerns, Tata Motors drag markets lower; Sensex falls 425 points
Most Asian markets dropped on fears that US-China relations could worsen as another round of tariff hikes kicks in
 "Trade concerns, Tata Motors drag markets lower; Sensex falls 425 points")
Chalet Hotels debuts at slight premium to issue price in volatile market
Chalet Hotels was the first major IPO to hit the market in nearly four months
 "Chalet Hotels debuts at slight premium to issue price in volatile market")
Buybacks fail to boost long-term prospects; volatility a dampener
Shares of only a fourth of the firms above their buyback price; promoters tend to benefit the most
 "Buybacks fail to boost long-term prospects; volatility a dampener")
Investors give a miss to the offer for sale in L&T Technology Services
People in the know said there was investor demand at a lower price
 "Investors give a miss to the offer for sale in L&T Technology Services")
Markets drop as investors dump firms with high debt levels, share pledging
The shares of Adani Ports, Adani Power, Jindal Stainless, Reliance Capital, and Suzlon saw heavy selling
 "Markets drop as investors dump firms with high debt levels, share pledging")
Street signs: IL&FS SPV fallout hurts mkt, brokers-exchange meet, and more
The IL&FS subsidiaries have decided to not pay their obligations, citing a National Company Law Appellate Tribunal decision on resolving the debt issue at the parent level
 "Street signs: IL&FS SPV fallout hurts mkt, brokers-exchange meet, and more")
Market, bankers pin hope on Chalet Hotels for breaking lull in IPO launches
Market participants said that 5 to 6 issues will hit the market if Chalet Hotels' IPO is successful and if there are no negative surprises in the Interim Budget on Feb 1
 "Market, bankers pin hope on Chalet Hotels for breaking lull in IPO launches")
Markets slip on sharp correction in key stocks amid global rally
A sharp correction in stocks such as Zee Entertainment, Maruti, DLF weighs on investor sentiment
 "Markets slip on sharp correction in key stocks amid global rally")
Chalet Hotels IPO opens next week, issue size lowered due to volatility
Company has retained fresh issue component, while promoter has decided to sell fewer shares than earlier intended
 "Chalet Hotels IPO opens next week, issue size lowered due to volatility")
Markets tumble most in 3 weeks on global growth concerns, ITC Q3 earnings
The Sensex on Wednesday fell 336 points or 0.92 per cent to end at 36,108, while the Nifty fell 0.84 per cent or 91 points to close at 10,832
 "Markets tumble most in 3 weeks on global growth concerns, ITC Q3 earnings")
Xelpmoc Design's IPO will allow subscribers to pay via UPI for first time
The maximum transaction limit for UPI payments is Rs 1 lakh. But an investor can apply for shares up to Rs 2 lakh in the retail category
 "Xelpmoc Design's IPO will allow subscribers to pay via UPI for first time")
Over two-thirds of BSE 500 stocks slip below 200-day moving average
In 2018, the BSE mid-cap index has corrected 13%, while the small-cap index has corrected over 23%
 "Over two-thirds of BSE 500 stocks slip below 200-day moving average")
Sebi seeks I-bankers to revive fundraising activity through capital markets
Bankers seek clarity on norms pertaining to OFS component, ask if the same can be applied retrospectively
 "Sebi seeks I-bankers to revive fundraising activity through capital markets")
Sensex, Nifty fall amid concerns over earnings, economic slowdown
The index of industrial production rose 0.5%, its slowest growth since June 2017 as manufacturing output fell
 "Sensex, Nifty fall amid concerns over earnings, economic slowdown")
Markets see sharp fall on fear of global slowdown, weak Chinese PMI data
Market participants said that China's manufacturing activity falling is a sign of a global economic slowdown
 "Markets see sharp fall on fear of global slowdown, weak Chinese PMI data")
Markets soaring high on back of Asian markets, lower inflation data
Foreign portfolio investors bought shares worth Rs 159.60 crore, while domestic institutional investors pumped in Rs 417 crore
 "Markets soaring high on back of Asian markets, lower inflation data")
Sebi announces portfolio concentration norms for ETFs and index funds
According to the new norms, the index shall have a minimum of 10 stocks as its constituents
 "Sebi announces portfolio concentration norms for ETFs and index funds")
Benchmark returns of Indian markets may remain muted in 2019: BofA-ML
Indian benchmarks will find it difficult to stay resilient in the face of global weakness
 "Benchmark returns of Indian markets may remain muted in 2019: BofA-ML")
Street signs: Fund houses shun airline stocks, IPO plans on hold, and more
Some fund houses have stopped covering Jet Airways and investing in its stock or debt issuances
 "Street signs: Fund houses shun airline stocks, IPO plans on hold, and more")
Spike in market volatility takes delivery percentage to 2008-levels
Investors tend to seek delivery for those stocks in which they see a long-term investment opportunity or tactical positional trade.
 "Spike in market volatility takes delivery percentage to 2008-levels")
