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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FPI flows, IT rally propel Sensex beyond 66,000; Nifty50 tops 19.5K
From this year's low in March, the Sensex and the Nifty are now up around 15 per cent each
 "FPI flows, IT rally propel Sensex beyond 66,000; Nifty50 tops 19.5K")
IT stocks log biggest gain in nearly three years as growth worries ebb
Nifty IT index jumps 4.5%; Bellwether TCS leads the gain
 "IT stocks log biggest gain in nearly three years as growth worries ebb")
Sensex scales all-time high of 66,000 intraday for the first time
The gains by IT majors also contributed to the index's gains
 "Sensex scales all-time high of 66,000 intraday for the first time")
Utkarsh SFB IPO 15.3x on day 2; Netweb IPO price band Rs 475-500 per share
Netweb Technologies India, a high-end computing solutions provider, has set Rs 475-500 as the price band for its maiden share sale
 "Utkarsh SFB IPO 15.3x on day 2; Netweb IPO price band Rs 475-500 per share")
Heavy liquidity driving mid-, small-caps: MD, Motilal Oswal Inst Equities
In a Q&A, Rajat Rajgarhia says high growth environment and peaking of interest rates create a fertile ground for equities
 "Heavy liquidity driving mid-, small-caps: MD, Motilal Oswal Inst Equities")
RIL hits 13-month high on retail buyback, demerger of finance unit
Stock rallies 3.8 per cent to finish at Rs 2,735; m-cap tops 18.5 trillion again
 "RIL hits 13-month high on retail buyback, demerger of finance unit")
As China's reopening euphoria fizzled out, India saw strong FPI flows
What is fuelling the strong overseas flows and fundamental factors supporting the market at the current levels? Kunal Vora, head, India equity research, BNP Paribas explains
 "As China's reopening euphoria fizzled out, India saw strong FPI flows")
Despite current euphoria in market, returns in first half of 2023, modest
The rupee became the comeback kid, riding the crest of an FPI wave. Metals should forge ahead as should markets after a period of tumult
 "Despite current euphoria in market, returns in first half of 2023, modest")
IPO fundraising shrinks, block deals robust during first half of CY23
The spurt in the follow-on offerings was partly due to redemptions by private equity players and promoters off the back of availability of valuation support and liquidity
Markets scale fresh highs; Nifty hits 19,000-mark, Sensex tops 64,000
Reliance Industries rose 1.3 per cent and made a 102-point contribution to the Sensex gains
 "Markets scale fresh highs; Nifty hits 19,000-mark, Sensex tops 64,000")
Street Signs: Likely vacuum at Sebi, drone maker IdeaForge IPO, and more
Shares of drone maker ideaForge Technology are commanding a premium of nearly 70 per cent in the grey market ahead of its initial public offering
 "Street Signs: Likely vacuum at Sebi, drone maker IdeaForge IPO, and more")
Markets logs fresh all-time highs amid gains in index heavyweights
Nifty settles at record close; FPI flows drive the rally
 "Markets logs fresh all-time highs amid gains in index heavyweights")
PE firms, promoters go for block deals as markets scale new peaks
Strong inflows from foreign portfolio investors (FPIs) and encouraging valuations are underpinning the deal momentum
 "PE firms, promoters go for block deals as markets scale new peaks")
Considering allowing depositary receipts on Indian stocks: IFSCA chief
Srinivas said allowing DRs will shift foreign investor flows coming through the participatory note (pnotes) route
 "Considering allowing depositary receipts on Indian stocks: IFSCA chief")
Markets close at new lifetime highs; Sensex up 467 pts, Nifty tops 18,800
FPI flows, optimism about growth drive the rally
India's m-cap touches new high amid sharp rally in broader markets
Combined market value of BSE-listed firms hits Rs 291.9 trillion before settling lower
 "India's m-cap touches new high amid sharp rally in broader markets")
Half of India's top-10 highest denominations stocks outperform indices
A combination of good management, healthy growth in their respective businesses, low paid-up capital base, and no share split or equity dilution are the reasons for their high market price
 "Half of India's top-10 highest denominations stocks outperform indices")
Fear of failure? Firms let IPO nods lapse on pricing mismatch, volatility
So far this year , 23 companies have decided to shelve public offers
 "Fear of failure? Firms let IPO nods lapse on pricing mismatch, volatility")
Equity fundraising activity in India dips in H1CY23 amid market volatility
ECM activity down 15% in India even as globally it grows 19%, shows data
 "Equity fundraising activity in India dips in H1CY23 amid market volatility")
Cracking the investment strategy: FPIs are bullish on finance, auto stocks
Financial services saw maximum buying at Rs 9,289 crore, followed by auto stocks at Rs 3,997 crore and consumer services at Rs 1,931 crore
 "Cracking the investment strategy: FPIs are bullish on finance, auto stocks")
