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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 country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
Amount close to Rs 1,000 crore in 2023; bankers say deals now happening closer to IPO price
Technology and financial stocks led the gains
The benchmark Sensex climbed 405 points, or 0.62 per cent, to close at 65,632, while the Nifty 50 index advanced 110 points, or 0.56 per cent, ending the session at 19,546
Equity issuance in the first half reached Rs 73,747 crore, marking a 69 per cent increase year-on-year
Despite experiencing sharp intraday fluctuations in recent sessions, the VIX index has consistently settled below 12
Market participants also exercised caution ahead of the Reserve Bank of India's upcoming monetary policy announcement
Yield on 10-yr US bond highest since 2007
Benchmark and broader market indices up 11-42% but rising US bond yields, oil prices threaten to pull them down
Rally in small and midcap funds leads to a spurt in activity
Increasing US yields, oil price surge trigger risk-off bets
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
The index most recently closed at 19,674, a level deemed crucial by technical analysts
Deterioration in market sentiment, investment fatigue also to blame
30-share index loses 2.7% in 4 days, barely holds 66K
Sensex, Nifty50 fall for a third day as FPIs intensify selling
Crude oil prices, valuation concern trigger biggest fall in 2 months
30-share index's winning run ends as losses interrupt longest gaining streak since 2007
INOX Wind, BSE, and RPG Life Sciences have entered the landscape of equity MFs' holdings
Both benchmark indices at fresh highs