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.
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Sensex winning run extends to 10th trading session, logs new intraday high
Nifty50 ends at a new lifetime closing high
 "Sensex winning run extends to 10th trading session, logs new intraday high")
Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark
Those missing the launch window will have to file updated DRHPs
 "Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark")
Sensex up for a ninth day, Nifty closes 20,000 for the first time
Market analysts remain cautious as US inflation data surpasses expectations, raising concerns about the Fed's future actions
Mid, smallcap indices drop most in 9 months; Nifty50 off new high
The sharp selloff shaved off Rs 5 trillion in market value of the beyond -top 50 companies, which account for less than half of the total market capitalisation
 "Mid, smallcap indices drop most in 9 months; Nifty50 off new high")
Bulls lift Nifty to 20K, Sensex up 528 points; India mcap nears $4 trillion
Economic optimism also propels small, midcap indices to new highs
 "Bulls lift Nifty to 20K, Sensex up 528 points; India mcap nears $4 trillion")
Markets log best weekly gains since June; indices near lifetime highs
Banking stocks gain after I-CRR rollback
Over 3 million: August demat additions highest in 19 months, shows data
The new additions in August were up 2.4 per cent month-on-month and were 47 per cent higher than the previous 12-month average of 2 million
 "Over 3 million: August demat additions highest in 19 months, shows data")
Indian equity market 'like no other': HSBC Global Research report
Strong earnings outlook and superior return on equity help domestic market standout
 "Indian equity market 'like no other': HSBC Global Research report")
Power, IT, capital goods stocks attract highest FPIs flows, shows data
Meanwhile, they were net sellers in metal stocks worth Rs 5,930 crore, financial services worth Rs 3,672 crore, and oil, gas and consumables worth Rs 1,778 crore
 "Power, IT, capital goods stocks attract highest FPIs flows, shows data")
2023 spells bonanza for IPO investors; only 1 out of 20 in the red
Avg listing day gain 34%; Avg IPO-to-date gain 46%
 "2023 spells bonanza for IPO investors; only 1 out of 20 in the red")
Nifty Midcap 100 index hits record high, crosses the 40,000-mark
Latest 5,000-points, or 15%, up move took less than three months
 "Nifty Midcap 100 index hits record high, crosses the 40,000-mark")
Trading volumes surge amid broader mkt buoyancy in Aug; F&O hits fresh high
Cash average daily turnover most in 22 months; BSE sees market-share gains
 "Trading volumes surge amid broader mkt buoyancy in Aug; F&O hits fresh high")
Street Signs: T+3 for IPOs is optional, grey market premium at 25% & more
Hotel stocks are expected to rise due to a robust demand outlook, thanks to significant events happening in the country
 "Street Signs: T+3 for IPOs is optional, grey market premium at 25% & more")
Indices rise most in 2 months on strong economic data; Sensex up 556 points
Benchmarks snap five-week losing streak as Chinese stimulus also boosts sentiment
Adani group companies' shares feel OCCRP pinch, decline by up to 4%
9 of 10 group stocks end in red, market capitalisation falls by Rs 36,000 crore
 "Adani group companies' shares feel OCCRP pinch, decline by up to 4%")
Market holds breadth strongly even as benchmark indices see a pullback
Gaining stocks outnumber those declining in August
 "Market holds breadth strongly even as benchmark indices see a pullback")
Rs 60,000 crore & counting: Large deals climb to record high in August
The surge in activity comes even as the benchmark Nifty50 has come off by over 3 per cent from its highs on July 20
 "Rs 60,000 crore & counting: Large deals climb to record high in August")
French banking major BNP Paribas looks to sell retail broking arm Sharekhan
BNP's acquisition was completed in 2016 after receiving approvals from all regulatory authorities
 "French banking major BNP Paribas looks to sell retail broking arm Sharekhan")
6 firms raise Rs 4,269 crore through IPOs in August alone, shows data
Investors dig deep into a mine of opportunity
 "6 firms raise Rs 4,269 crore through IPOs in August alone, shows data")
Street Signs: Bearish momentum may continue, the Zee-Sony trade & more
Analysts also do not rule out a range-bound movement and consolidation around current levels until a definitive breakthrough occurs on either side
 "Street Signs: Bearish momentum may continue, the Zee-Sony trade & more")
