 "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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Demat addition, trading turnover point to robust investor sentiment
Activity underpinned by buoyancy in underlying secondary as well as the primary markets
 "Demat addition, trading turnover point to robust investor sentiment")
Market resilience in a pill: Pharma's formula for Q3 earnings upgrades
Rx for returns: Pharma firms' dominance in market recovery prescription
 "Market resilience in a pill: Pharma's formula for Q3 earnings upgrades")
Commendable eschewal of populist schemes: Motilal Oswal Fin Services CEO
Oswal states that buoyant economic activity, declining input costs, and strong corporate earnings growth will keep sentiment positive
 "Commendable eschewal of populist schemes: Motilal Oswal Fin Services CEO")
Street signs: Nifty's potential soars, a mixed bag in IPO GMPs, and more
While it is almost certain that UPL will be dislodged by Shriram Finance in the National Stock Exchange Nifty50 Index, the position of Bharat Petroleum Corporation (BPCL) could also be at risk
 "Street signs: Nifty's potential soars, a mixed bag in IPO GMPs, and more")
Post-Budget optimism takes Nifty to new high; Sensex ends 440 points higher
Softening of US, domestic bond yields spurs appetite for risky assets
 "Post-Budget optimism takes Nifty to new high; Sensex ends 440 points higher")
Absence of surprises in Budget: Mkts flat as investors look for triggers
The Sensex ended the session at 71,645, a decline of 107 points or 0.2 per cent, while the Nifty50 index fell 17 points, or 0.08 per cent, to end 21,709
 "Absence of surprises in Budget: Mkts flat as investors look for triggers")
Overseas funds pullout exceeds $3 bn in Jan amid geopolitical uncertainty
Highest in 12 months as rising bond yields trigger risk-off bets
 "Overseas funds pullout exceeds $3 bn in Jan amid geopolitical uncertainty")
Profit booking in RIL weighs on indices; Sensex ends 802 points lower
Shares of RIL, the country's most valuable firm, fell 2.8 per cent and made a 246-point contribution to the Sensex decline
 "Profit booking in RIL weighs on indices; Sensex ends 802 points lower")
RIL drives markets to best day in 2 months; Sensex rises 1,241 points
RIL and HDFC Bank contributed to over half of these gains
 "RIL drives markets to best day in 2 months; Sensex rises 1,241 points")
HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008
The hardening of US Treasury yields also weighed on sentiment and raised concerns about whether the Federal Reserve would lower interest rates at the same pace as the Street has priced
 "HDFC Bank-led FPI selloff: The fifth-highest weekly exit since 2008")
Street Signs: A case for PSU share sales, Nova Agri GMP at 50%, and more
The promoter shareholding in Jio Financial Services, a unit spun off from Reliance Industries, has edged higher for a second straight quarter
 "Street Signs: A case for PSU share sales, Nova Agri GMP at 50%, and more")
Saturday blues: Exchanges see 30% drop in trading volumes, shows data
Market players said muted participation from institutional investors weighed on the activity, with several counters logging muted volumes
 "Saturday blues: Exchanges see 30% drop in trading volumes, shows data")
HDFC Bank slide triggers worst day for market in last 18 months
The latest decline in the markets wiped Rs 4.59 trillion off investors' wealth. The India VIX -- gauge of volatility -- rose to its highest since March 2023, ending at 15.08
 "HDFC Bank slide triggers worst day for market in last 18 months")
New milestone: Sensex, Nifty hit record highs as IT stocks extend gains
The Sensex crossed the 73,000 mark for the first time, the Nifty 50 index finished at 22,097
 "New milestone: Sensex, Nifty hit record highs as IT stocks extend gains")
Delivery-based trades on the NSE decline due to valuation concerns
Experts said most investors are looking to cash in on intra-day opportunities in counters that are witnessing buying momentum
 "Delivery-based trades on the NSE decline due to valuation concerns")
IT stocks power tired markets to new highs; Sensex, Nifty gain over 1%
BSE IT index soars over 5%; analysts warn caution ahead
A fourth of FPI inflows in 2023 went into primary markets, shows data
Data provided by depository NSDL revealed that Rs 44,950 crore of the total FPI flows last year went into primary issuances
 "A fourth of FPI inflows in 2023 went into primary markets, shows data")
We need to be mindful of responsible pricing: Kotak Investment Banking CEO
One takeaway from last year is that most IPOs returned money to the investors, S Ramesh, Managing Director and CEO, Kotak Investment Banking, said
 "We need to be mindful of responsible pricing: Kotak Investment Banking CEO")
Equity issuances could top $40 bn in 2024, says Kotak Investment Banking
The average listing gains stood at an encouraging 33 per cent, making the BSE IPO index the third-best-performing such index globally
 "Equity issuances could top $40 bn in 2024, says Kotak Investment Banking")
Goldman Sachs bumps up benchmark Nifty 2024-end target to 23,500
Among the key themes identified by the brokerage are Make-in-India, defence, and energy transition