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.
Page 19 - Sundar Sethuraman/workspace/business Standard Web/video
Markets rebound as investors cast wide net for value; Sensex up 694 points
In-demand financial stocks drive the rally
 "Markets rebound as investors cast wide net for value; Sensex up 694 points")
Monday mayhem: US poll uncertainty roils markets, Sensex falls 942 points
Benchmark indices nosedive 2% - most in a month - before recouping half the losses; FPI selling, earnings disappointment, elevated US yields also weigh
 "Monday mayhem: US poll uncertainty roils markets, Sensex falls 942 points")
Market usher into Samvat 2081 with gains; Sensex, Nifty rise 0.4%
7th consecutive year of gains in Muhurat trading
 "Market usher into Samvat 2081 with gains; Sensex, Nifty rise 0.4%")
Nifty 50 index ends Samvat 2080 with 25% gain, most in three years
Market returns during the latest Samvat year have been broad-based, with the Nifty Midcap 100 and the Nifty Smallcap 100 index gaining over 37 per cent each
 "Nifty 50 index ends Samvat 2080 with 25% gain, most in three years")
Small and mid-caps steal the show in Samvat 2080; outperform benchmarks
Samvat 2080 closes with small and midcaps leading the charge, gold gleams with a 32% gain, and bond markets poised for stability
 "Small and mid-caps steal the show in Samvat 2080; outperform benchmarks")
Swiggy public issue to take 2024 IPO mopup past record Rs 1.2 trillion
Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO open on Wednesday
 "Swiggy public issue to take 2024 IPO mopup past record Rs 1.2 trillion")
Firms get second shot at IPO jackpot as buoyant markets offer a lifeline
So far in 2024, 68 firms have raised over Rs 1 trillion through IPOs. This is only the second time after 2021 that IPO mop-up is crossing Rs 1 trillion
 "Firms get second shot at IPO jackpot as buoyant markets offer a lifeline")
Markets snap five-day losing streak as geopolitical tensions ease
ICICI Bank propels Sensex to best session in a month
 "Markets snap five-day losing streak as geopolitical tensions ease")
Israel strike on Iran may add to market woes; oil prices remain key
Experts said positive thing from the markets was Iran downplaying the attack by Israel, which was limited to missile and air defence sites and avoided nuclear, oil, and civilian infrastructure sites
 "Israel strike on Iran may add to market woes; oil prices remain key")
Sensex drops below 80K amid earnings season gloom; turbulence may continue
Benchmark indices log longest weekly losing run in 14 mths
 "Sensex drops below 80K amid earnings season gloom; turbulence may continue")
Reaching milestone: IPO market roars past Rs 1 trillion mark in 2024
Ample domestic liquidity and encouraging post-listing performance have driven this year's IPO success
Markets log worst 1-day fall in 3 weeks amid FPI exit; Sensex falls 931 pts
Weak earnings also weigh on sentiment; Sensex, Nifty down 7% from peak
 "Markets log worst 1-day fall in 3 weeks amid FPI exit; Sensex falls 931 pts")
FPI selling tops $10 billion so far in October amid a shift to China
If trend holds, this will be first monthly outflows of over $10 bn
 "FPI selling tops $10 billion so far in October amid a shift to China")
Raymond Lifestyle stock jumps 4% after Motilal Oswal's 'buy' rating
Revenue, profit to grow 11%, 15% CAGR between FY24 and FY27, says the brokerage
 "Raymond Lifestyle stock jumps 4% after Motilal Oswal's 'buy' rating")
5th month adrift: Mkt currents pull ADR below 1, charting course of unease
Fifth month adrift: ADR remains anchored in negative waters as Sensex and Nifty sail near a 15% gain
 "5th month adrift: Mkt currents pull ADR below 1, charting course of unease")
Foreign portfolio investor exodus: Financial sector bears the brunt
The velocity of the selling was so high that barely any sector was spared. However, metals and utilities still managed marginal inflows
 "Foreign portfolio investor exodus: Financial sector bears the brunt")
Mkts end in red for 3rd straight week; FPI selloff in October tops $9 bn
Longest weekly losing streak in 14 months
 "Mkts end in red for 3rd straight week; FPI selloff in October tops $9 bn")
QIBs come to rescue of Hyundai India IPO; country's largest IPO booked 2.4x
The IPO received bids for 236 million shares, worth Rs 46,320 crore, as against 99.77 million on offer
 "QIBs come to rescue of Hyundai India IPO; country's largest IPO booked 2.4x")
FPI selling pulls indices down for 3rd straight day; Sensex falls 495 pts
At Rs 71,441 cr, outflows worst-ever for a calendar month
 "FPI selling pulls indices down for 3rd straight day; Sensex falls 495 pts")
Auto major Hyundai Motor India's IPO subscribed 42% a day before close
In its IPO, Hyundai Motor India Limited (HMIL) is seeking a valuation of 26.3 times its 2023-24 (FY24) earnings, approximately 10 per cent lower than the market leader, Maruti Suzuki India Limited
 "Auto major Hyundai Motor India's IPO subscribed 42% a day before close")