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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 total market cap of the group has now been reduced to just Rs 7.6 trillion, down from more than Rs 20 trillion at the start of the year
Financial services, IT, capital goods among favoured sectors, with FPIs buying stocks worth over Rs 5,600 cr in these spaces
Reports of a large ESG fund dumping stake lead to renewed turbulence
Banking stocks witnessed intense selling pressure in the latter part of last week
Higher volatility in markets prompts traders to get more active
Says business plans "fully funded" after reports about revenue target cut and capex halt
Stocks of Archean Chemical Industries, 5 Star Business Finance, Kaynes Technology India, and Inox Green will be watched keenly this week as 90-day anchor lock-in period in these counters expires
FPI holding rose to 20.18%, reinforced by Rs 47,349-crore inflows
2.2 mn new accounts added in January, highest since August last year
Bank Nifty underperforms after RBI raises hikes rate by 25bps
M-cap back above Rs 10-trillion mark; Adani Transmission, Adani Wilmar, Adani Power and NDTV hit upper limit of 5%
Shareholding of retail investors fell 11 basis points quarter-on-quarter to 7.23%, while that of high networth individuals (HNIs) also declined 1 bp to 1.89%
Followed regulations while making investments: LIC
Nearly 2.2 mn new accounts added despite turbulence in the market
Not a single penny got raised from initial public offerings and follow-on public offers (FPO) last month
A lower allocation to Indian Space Research Organisation (Isro) could lead to a derating in the stock of the superalloys manufacturer, says an analyst
Analysts said equity markets were enthused by lower policy rates and expectations that the Fed will achieve a soft landing
Indian equities worst-performing in Jan; Nifty50, which includes two Adani stocks, falls most
Adani rout, budget, Fed meet keep investors on tenterhooks
Stocks of financial services and information technology (IT) companies have accounted for most of the foreign portfolio investor (FPI) outflows during the first fortnight of this month