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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.
If sustains, it will be highest monthly pullout since January 2023
Indices post biggest gains in two weeks
Warns of unchecked explosion in F&O retail trades
Before gaining in the past three sessions, the benchmark Nifty had dropped 3% from its peak following five straight days of losses
"Even if markets have corrected a bit on account of some rumours, I would suggest you buy as markets are going to shoot up after June 4," said Shah
The success of the stake sale in Vodafone Idea and the response to Bharti Hexacom's Rs 4,275 crore IPO have fuelled investor optimism about the prospects of IPOs
The selling by FPIs has come at a time when traders are increasingly anxious about the margin of victory of the incumbent Narendra Modi government in the ongoing Lok Sabha elections
The index finished below its 100-day moving average (DMA), seen as a critical support, for the first time since November 13, 2023
Over three million accounts added for fifth straight month
Uncertainty over election results, US Fed rate cut fan volatility
Midcap, smallcap indices log the biggest fall in nearly two months
Gap between FPI, DII narrows to new low of 163 bps
The grey market premiums (GMPs) for the three initial public offerings (IPOs) that open this week range between 20 per cent and 55 per cent
Sensex sees intraday swing of 1,627 points
For 1st time during poll cycle since '04, mkts will see IPO frenzy
Say stock prices will react positively as key overhang removed
Investors are concerned that the Fed may stick to its hawkish messaging. Analysts expect Fed Chair Jerome Powell to bolster expectations about interest rates staying higher for longer
Analysts said selloff in small and midcaps dissipated fast, with investor interest in those stocks reviewing as they found value in certain small and midcap stocks following a sharp drop in valuations
Relli delves into the broking house's journey and highlights key trends in the broking industry
Firm's FPO saw nearly seven times more demand than shares on offer