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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.
The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023
Over three million accounts added for fifth straight month
Uncertainty over election results, US Fed rate cut fan volatility
Midcap, smallcap indices log the biggest fall in nearly two months
Gap between FPI, DII narrows to new low of 163 bps
The grey market premiums (GMPs) for the three initial public offerings (IPOs) that open this week range between 20 per cent and 55 per cent
Sensex sees intraday swing of 1,627 points
For 1st time during poll cycle since '04, mkts will see IPO frenzy
Say stock prices will react positively as key overhang removed
Investors are concerned that the Fed may stick to its hawkish messaging. Analysts expect Fed Chair Jerome Powell to bolster expectations about interest rates staying higher for longer
Analysts said selloff in small and midcaps dissipated fast, with investor interest in those stocks reviewing as they found value in certain small and midcap stocks following a sharp drop in valuations
Relli delves into the broking house's journey and highlights key trends in the broking industry
Firm's FPO saw nearly seven times more demand than shares on offer
Poll expectations, easing of global tensions likely causes
Nifty gains 0.9% even as FPI selling continues
The consensus view among technical analysts is that a decisive break of this level could see the index slipping to the 21,700 level
Foreign investors pulled Rs 18,600 crore out of Indian markets last week, the most in 2024, influenced by US economic factors and geopolitical tensions
Benchmarks end the choppy week with over 1.5% losses
The indices closed in the red after volatile trade
Foreign portfolio investors (FPIs) have stepped up their selling of domestic equities in the past one week