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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.
Low-float stocks are the companies with a relatively small number of shares available for public trading
Most listings see oversubscription on Day One
Chokkalingam said buying in healthcare and consumer services is a hedging strategy by FPIs ahead of the state election results
Rate-cut optimism, recovery in financial stocks snap two-day fall
Busiest week for IPOs this year; Tata Tech to be largest offering of the lot
Expected to top 8% in five years
Eleswarapu states that the growing domestic appetite, which has provided much-needed support for domestic equities, will remain a long-term trend
Sensex, Nifty decline intraday but finish with gains for a third week in a row
Equity markets are rising after a soft inflation reading in the US and UK this week
Benchmark indices jump over 1% to hit one-month highs
Most global markets traded mixed as traders eyed key events such as talks between the US and China and the release of US inflation data
Six straight year of gains on muhurat trading day
The average IPO size for Samvat 2079 stood at Rs 822 crore-lowest in four years-and over 60 per cent below last year's average of Rs 2,212 crore
But rising US bond yields cap gains
At 13.11 percentage points versus peak of nearly 50% in 2015
Market players say the record number of SME IPOs this year has been fuelled by retail euphoria underpinned by encouraging post-listing performance
The selling pressure was less intense in the broader markets
The Fed's dovish comments rekindled hopes of its rate-hiking campaign ending and spurred an equity rally across the globe
Shares of Mankind Pharma, SBFC Finance, and Fusion Micro Finance are likely to attract attention as the lock-in periods related to their initial public offerings (IPOs) come to an end
Snap two-week losing streak on softening US yields, Fed view