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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.
In 2024, 48 companies repurchased shares worth Rs 13,423 crore, compared to Rs 48,079 crore spent on share buybacks by the same number of companies in 2023
An official previously mentioned that the regulator has been engaging with multiple corporations to explore muni bonds
India is the second-largest market in the world when it comes to equity fundraising and it saw the highest-ever fundraising ($74 billion) in 2024
Cumulative net shorts on Nifty and Bank Nifty Futures by FPIs on Thursday was highest since June 6, 2024
Ninety-one firms raised Rs 1.6 trillion through main board IPOs in 2024, more than three times Rs 49 436 crores through 57 IPOs in 2023
The Sensex ended the session at 77,620, a decline of 528 points, or 0.7 per cent
In the first nine months of 2024, 36 million demat accounts were added, buoyed by gains in the secondary market and record initial public offerings (IPOs)
Going forward, the earnings season, which starts this week, will provide further cues to the market
Indices decline over 1.5%; investors lose nearly Rs 11 trn
Angadia, known as an informal courier network for transporting valuables, has long served as a parallel, unofficial channel
From coasting to leading, they seize control of fundraising road in 2024
But benchmark indices see decline on Friday amid selling by foreign portfolio investors
December is usually a tepid month for IPOs as securing foreign portfolio investors (FPI) support is a challenge due to the holiday season
Tech, auto stocks make for a third of Sensex gains ahead of Q3 results
Markets are expected to remain subdued at the beginning of 2025, facing headwinds from expensive valuations, structural issues in domestic consumption demand
Geopolitical tensions, such as the Russia-Ukraine conflict, will continue to impact global markets
Seeds for robust equity markets were sown during his tenure as FM in Narasimha Rao government. Economic growth gathered momentum in Singh's first term as PM
Net big from small and midcap exits
Both indices below 200-DMA; equity investor losses mount to Rs 18.4 trn in 5 days
Relli highlighted potential policy disruptions in the United States next year that could fuel inflation, with monetary policy responses being insufficient to address these challenges