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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Nifty records fresh high after longest winning streak in four years
The index rose to 25,130 intraday before giving up some of the gains to end the session at 25,052, with a gain of 35 points, or 0.14 per cent, its longest winning streak since September-October 2020
 "Nifty records fresh high after longest winning streak in four years")
Markets rise as Fed chief Jerome Powell's comments fuel global rally
Nifty rises 0.75% to reclaim 25,000
 "Markets rise as Fed chief Jerome Powell's comments fuel global rally")
Stocks, bonds may rally on Fed Chair Jerome Powell's rate cut cue
The yield on the benchmark 10-year government bond is expected to open around 4 basis points lower on Monday. It had settled at 6.86 per cent on Friday
 "Stocks, bonds may rally on Fed Chair Jerome Powell's rate cut cue")
Street signs: Nifty's sprint to glory, the IPO juggernaut rolls on, more
After a two-week slump, the benchmark National Stock Exchange Nifty has posted gains for two consecutive weeks, buoyed by positive global signals
 "Street signs: Nifty's sprint to glory, the IPO juggernaut rolls on, more")
Brokerages discontinued referral programmes post NSE's prohibition
The NSE's move, according to industry insiders, may be aimed at preventing referrals from being exploited to lure clients into trading, rather than just opening accounts
 "Brokerages discontinued referral programmes post NSE's prohibition")
FPIs yanked out $1.8bn from financial stocks amid global risk off
On August 5, FPIs sold shares worth Rs 10,073 crore, marking their third-largest single-day outflow, which led to a 3 per cent drop in benchmark indices
 "FPIs yanked out $1.8bn from financial stocks amid global risk off")
Indices gain amidst fed rate cut optimism; IT, financial stocks lead
Analysts said the latest data had eased fears of slowing economic growth in the US
 "Indices gain amidst fed rate cut optimism; IT, financial stocks lead")
IPO fee pool to surpass 2023's total; Ola, FirstCry spell gains for bankers
So far this year, bankers have pocketed Rs 1,226 crore for handling 45 IPOs
 "IPO fee pool to surpass 2023's total; Ola, FirstCry spell gains for bankers")
High-quality stocks at their cheapest in 20 years, says Saurabh Mukherjea
There is a huge valuation disparity between American and Indian small and midcap stocks despite similar fundamental growth prospects, he says
 "High-quality stocks at their cheapest in 20 years, says Saurabh Mukherjea")
Street signs: A new charge to break resistance, Sebi casts the net, more
Sebi has proposed mandating that clearing corporations periodically pass on the interest income earned on cash collaterals to brokers
 "Street signs: A new charge to break resistance, Sebi casts the net, more")
Markets soar as strong US data lifts sentiment; Sensex, Nifty jump 1.7%
Fear gauge falls 6.7%; DIIs net buyers at Rs 2,606 cr
 "Markets soar as strong US data lifts sentiment; Sensex, Nifty jump 1.7%")
Rights issues in 2024 yield twice the bounty of last year amid buoyant mkt
Six firms secure Rs 1,000 crore+ each as average ticket size doubles
 "Rights issues in 2024 yield twice the bounty of last year amid buoyant mkt")
Hindustan Zinc OFS base price set at Rs 486; 15.2% below firm's last close
Share sale by Vedanta to fetch Rs 6,500 cr
 "Hindustan Zinc OFS base price set at Rs 486; 15.2% below firm's last close")
Hindenburg allegations: After early selloff, Adani stocks limit losses
Mcap plunges as much as Rs 1.2 trillion before recouping most losses; Markets end flat after opening lower
 "Hindenburg allegations: After early selloff, Adani stocks limit losses")
Pre-IPO allotments lose favour amid market buoyancy and larger float sizes
Opt to sell shares during IPO instead on hopes of better valuations
 "Pre-IPO allotments lose favour amid market buoyancy and larger float sizes")
Equity markets end turbulent week with 1% gain; Sensex up 820 points
Indices claw back some losses suffered during topsy turvy week marred by US recession concerns
 "Equity markets end turbulent week with 1% gain; Sensex up 820 points")
Markets cede ground after 1-day gain; Sensex and Nifty decline 0.7%
Meanwhile, the RBI kept rates unchanged for a ninth straight meeting
 "Markets cede ground after 1-day gain; Sensex and Nifty decline 0.7%")
Markets snap three-day losing streak; Sensex climbs 875 points, Nifty 305
Amid global relief rally following assurances from Bank of Japan, Fed officials
 "Markets snap three-day losing streak; Sensex climbs 875 points, Nifty 305")
Indian equity markets come off day's highs amid global uncertainties
The Nifty 50 index closed at 23,993, with a decline of 63 points (0.3 per cent). Both indices ended with losses for a third consecutive session.
 "Indian equity markets come off day's highs amid global uncertainties")
Fear-gripped equity investors lose Rs 15 trillion; Sensex, Nifty fall 2.7%
India VIX surges 42%, most in 9 years; FPIs offload shares worth Rs 10,073 crore
 "Fear-gripped equity investors lose Rs 15 trillion; Sensex, Nifty fall 2.7%")