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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Street signs: Sell in May and go away, expiry of pre-IPO lock-ins & more
The broking community is on the edge as the new penalty structure on intraday margin shortfall comes into effect on May 2
 "Street signs: Sell in May and go away, expiry of pre-IPO lock-ins & more")
India beats global pack on strong FPI flows in April, shows data
The moderation in valuation, following a near-10 per cent correction between December and March, also made investors look at India more favourably
 "India beats global pack on strong FPI flows in April, shows data")
Good start to FY24: Indices post best monthly gains since November
Strong global sentiment, foreign inflows help Indian markets outperform most global peers
IFSC relaxation may boost trade in foreign stocks at the GIFT City
RBI removed requirement of repatriating funds lying idle in FCA accounts
 "IFSC relaxation may boost trade in foreign stocks at the GIFT City")
Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore
The Rs 4,326-cr offering garnering bids worth nearly Rs 50,000 cr
 "Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore")
RBI removes restrictions on individuals from opening interest-earning FCAs
The long-awaited amendment by the RBI now puts IFSC at par with other jurisdictions when it comes to remittances
 "RBI removes restrictions on individuals from opening interest-earning FCAs")
Cooling off: Fear gauge hits 3-year low on missing macroeconomic cues
No big upmove or downmove likely, say market watchers
 "Cooling off: Fear gauge hits 3-year low on missing macroeconomic cues")
Street signs: Defence stocks may rise, Mankind Pharma IPO, and more
After having recorded seven straight months of outflows, equity savings schemes are expected to witness a change of fortune in the months ahead
IT stocks drag indices to first weekly decline in nearly a month
Disappointing results for Infosys and TCS dampened the market mood this week
 "IT stocks drag indices to first weekly decline in nearly a month")
Markets fall for third day as IT sell-off continues; Sensex dips 159 points
The Nifty IT index fell 1.8 per cent on concerns over the growth outlook for the sector amid a slowdown in the US and European markets
 "Markets fall for third day as IT sell-off continues; Sensex dips 159 points")
Zerodha makes largest-ever referral payout, amount not revealed
Firm claims it has acquired nearly a fourth of its customers through its referral programme
 "Zerodha makes largest-ever referral payout, amount not revealed")
Active clients drop for ninth month but discount brokerages build dominance
With markets delivering lacklustre returns and cost of trading rising, investors have turned more cost conscious, say industry players
 "Active clients drop for ninth month but discount brokerages build dominance")
'Brokerage rates in India are among the lowest, need re-evaluation'
Ravi Kumar says float income generated by the industry is indeed facing challenges and brokerage rates could edge higher
 "'Brokerage rates in India are among the lowest, need re-evaluation'")
Subdued outlook: Tsunami of rating downgrades sinks Infosys stock
Over 10 brokerages lower price targets after guidance disappointment
 "Subdued outlook: Tsunami of rating downgrades sinks Infosys stock")
IT sell-off snaps markets' 9-day gaining streak; Infosys slumps about 10%
Index heavyweights HDFC and HDFC Bank fell around 1.6 per cent each and also weighed on the market's performance
Street Signs: Market's winning streak, new-age tech-listed firms & more
Technical analysts expect the index to face immediate resistance at 17,900-18,000, which, if broken, could decisively take the index beyond 18,200
 "Street Signs: Market's winning streak, new-age tech-listed firms & more")
Indices' winning run enters 9th day, longest in 2.5 years; Sensex up 38 pts
The gains come on the back of strong inflows from foreign portfolio investors
 "Indices' winning run enters 9th day, longest in 2.5 years; Sensex up 38 pts")
AU Small Finance Bank shares up 17% on CEO Sanjay Agarwal reappointment
Analysts expect the company to clock robust loan growth
 "AU Small Finance Bank shares up 17% on CEO Sanjay Agarwal reappointment")
Markets gain for eighth day as FPIs step up buying; Sensex gains 235 points
The market breadth was positive with 2,036 stocks advancing and 1,480 declining
Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases
Analysts said, the higher legroom will lead to an increase in the lender's weight in the MSCI India index, purchases worth close to a billion dollars of its stock
 "Kotak Mahindra Bank jumps 5% to Rs 1,847.60 after FPI room increases")
