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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.
In most cases, it is the end of the 30-day lock-in period that anchor investors (on half their shares) have to observe
Oil prices soar about 4%; rupee hits record closing low
This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent
With less than four months left for the review period to complete for the March rebalancing of the National Stock Exchange (NSE) Nifty indices
An analysis conducted by PRIME Infobase reveals the sectors where overseas funds turned the most bearish
The country's two depository firms, Central Depository Services and the National Securities Depository, added about 3.1 million new accounts
Amount close to Rs 1,000 crore in 2023; bankers say deals now happening closer to IPO price
Technology and financial stocks led the gains
The benchmark Sensex climbed 405 points, or 0.62 per cent, to close at 65,632, while the Nifty 50 index advanced 110 points, or 0.56 per cent, ending the session at 19,546
Equity issuance in the first half reached Rs 73,747 crore, marking a 69 per cent increase year-on-year
Despite experiencing sharp intraday fluctuations in recent sessions, the VIX index has consistently settled below 12
Market participants also exercised caution ahead of the Reserve Bank of India's upcoming monetary policy announcement
Yield on 10-yr US bond highest since 2007
Benchmark and broader market indices up 11-42% but rising US bond yields, oil prices threaten to pull them down
Rally in small and midcap funds leads to a spurt in activity
Increasing US yields, oil price surge trigger risk-off bets
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
The index most recently closed at 19,674, a level deemed crucial by technical analysts
Deterioration in market sentiment, investment fatigue also to blame
30-share index loses 2.7% in 4 days, barely holds 66K