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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Markets cheer the new year; Sensex gains 327 points, Nifty ends at 18,197
RIL rose 1.06 per cent and contributed the most to the Sensex, followed by ICICI bank, which rose 1.3 per cent
 "Markets cheer the new year; Sensex gains 327 points, Nifty ends at 18,197")
Global headwinds, rate hike concerns to keep investors on guard in 2023
Investors are relieved about the returns this year, which happened despite record FPI outflows and are slightly circumspect about the next year considering the headwinds
After a positive year, Sensex witnesses worst December in 10 years
The Sensex declined 3.5 per cent in December - its worst last-month returns since 2011
 "After a positive year, Sensex witnesses worst December in 10 years")
IPO fundraising halves to Rs 59,412 cr in 2022 despite LIC's mega offer
If one were to remove the state-owned insurer's Rs 21,008 crore offer, the figure would come to a third of the amount raised in 2021
 "IPO fundraising halves to Rs 59,412 cr in 2022 despite LIC's mega offer")
Stock markets maintain winning streak for seventh consecutive year
Outperform most global peers even as returns moderate to just over 4% in 2022
 "Stock markets maintain winning streak for seventh consecutive year")
Equity fundraising via QIPs, rights issues slump to lowest since 2016
Some investment bankers argued that the reason for tepid fundraising through QIPs and rights could also be due to the fact that companies this year were not in need of large capital
 "Equity fundraising via QIPs, rights issues slump to lowest since 2016")
20 years at Reliance helm: Mukesh Ambani redefines scale, business growth
From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts
 "20 years at Reliance helm: Mukesh Ambani redefines scale, business growth")
Market volatility forces many companies to let go of their IPO plans
Industry players say some companies plan to re-file their DRHPs so that they can have another stab at listing
 "Market volatility forces many companies to let go of their IPO plans")
Investors must have moderate return expectations in 2023: Nippon India exec
Earnings could be challenging as global economic growth is weakening, says Sailesh Raj Bhan
 "Investors must have moderate return expectations in 2023: Nippon India exec")
Santa rally on D-Street; Nifty tops 18K, Sensex gains 721 points
The Nifty reclaimed the 18,000 mark and ended the session at 18,014, a gain of 208 points or 1.1 per cent
 "Santa rally on D-Street; Nifty tops 18K, Sensex gains 721 points")
After a year of outperformance, Indian equity markets to see turbulence
From all-time highs to heightened volatility, The second of the yearender series assesses the market's trajectory
 "After a year of outperformance, Indian equity markets to see turbulence")
Stocks of realty, consumer services firms are FPIs' stocking stuffers
A combination of sectoral rotation and better consumer spending is attributed to the shift towards realty and consumer services stocks
 "Stocks of realty, consumer services firms are FPIs' stocking stuffers")
Street signs: Trading hour extension, markets down the chimney, and more
The last week of this month is usually a good time for markets as it usually gains in the last five trading days of December and the first two trading days of the New Year
 "Street signs: Trading hour extension, markets down the chimney, and more")
Markets post biggest 1-day loss in nearly 3 months, Sensex ends below 60K
During the week, the Sensex fell 2.4 per cent and the Nifty 2.5 per cent, their worst weekly decline since June 17, 2022
Fear of sustained aggressive monetary policy by US Fed rattles investors
Both Sensex and Nifty post biggest losses since Sept 26 as Covid cases in China, oil price spike worsen sentiment
 "Fear of sustained aggressive monetary policy by US Fed rattles investors")
Debt returns competing with equities: CIOs of MF houses at BFSI Summit
Naren said after a long time the need for money in the deposit market has come and we see hikes in bank deposit rates
 "Debt returns competing with equities: CIOs of MF houses at BFSI Summit")
FPIs pull out a record Rs 1.22 trn from Indian market so far this year
Turn net sellers after 3 years; rising rates, recession fears to blame; Sensex still up 4.8% YTD
 "FPIs pull out a record Rs 1.22 trn from Indian market so far this year")
Covid fears, profit booking pulls indices; Sensex down 635 points
Foreign Portfolio Investors (FPIs) were net buyers to the tune of Rs 1,119 crore, according to provisional data from exchanges
2023 likely to be a flattish year for Indian equities: Kotak Securities
Kotak Securities sees Nifty50 at 18,385; rising FD rates could attract investment
Dabur India promoters sell 1% stake through block deal to finance ventures
" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said
 "Dabur India promoters sell 1% stake through block deal to finance ventures")
