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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.
FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges
Experts say gains by Indian equities will be steady if is no crude oil price surge
3.5% jump in RIL lifts indices; Nifty crosses 2021 intra-day high
Primary market momentum seen sustaining in an otherwise 'lacklustre' month
Higher-rates-for-longer theme triggered significant derating this year
Microfinance stocks are likely to benefit from a rise in credit demand. According to analysts, the microfinance industry has captured only 28.5 per cent of the total addressable market
Market volatility and lacklustre 1-yr returns weigh on activity
US Fed minutes indicate slower pace of rate hikes, investors cheer
Nifty Midcap 100, Nifty Smallcap 100 struggle even as markets make new highs
Coal India, HCL Tech and L&T were among the most-sold stocks by domestic funds in October even as they rallied between 10% and 16%
FSN E-Commerce Ventures (Nykaa) issued a 5:1 bonus issue around the time the one-year lock-up for its pre-initial public offering (IPO) investors ended
Their holdings rose to 24.03 per cent as on September 30 this year, up from 23.54 per cent at the end of the preceding quarter
Some firms may blue-pencil valuations because of capital requirement compulsions or for providing exits to their investors. Still others can afford to wait
Consensus target price for these stocks well above current market price
Last week, the benchmark Nifty and Sensex came close to topping their lifetime highs made in October 2021. Domestic brokerage ICICIdirect expects the Nifty to not just surpass its previous highs
Cash market turnover fell almost 20% in October as rally take traders by surprise
Benchmark indices gained in 11 of the past 12 trading sessions
US and European markets gained in October after a sharp sell-off in September
The Sensex ended above 60,000 and the Nifty above 18,000 for the first time since September 14
In Q&A, Rajesh Bhatia spells out the key tailwinds and risks the domestic markets face at this juncture and how a long-short fund can help protect downside risks