 "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.
Page 43 - Sundar Sethuraman/workspace/business Standard Web/video
Markets scale fresh highs; Nifty hits 19,000-mark, Sensex tops 64,000
Reliance Industries rose 1.3 per cent and made a 102-point contribution to the Sensex gains
 "Markets scale fresh highs; Nifty hits 19,000-mark, Sensex tops 64,000")
Street Signs: Likely vacuum at Sebi, drone maker IdeaForge IPO, and more
Shares of drone maker ideaForge Technology are commanding a premium of nearly 70 per cent in the grey market ahead of its initial public offering
 "Street Signs: Likely vacuum at Sebi, drone maker IdeaForge IPO, and more")
Markets logs fresh all-time highs amid gains in index heavyweights
Nifty settles at record close; FPI flows drive the rally
 "Markets logs fresh all-time highs amid gains in index heavyweights")
PE firms, promoters go for block deals as markets scale new peaks
Strong inflows from foreign portfolio investors (FPIs) and encouraging valuations are underpinning the deal momentum
 "PE firms, promoters go for block deals as markets scale new peaks")
Considering allowing depositary receipts on Indian stocks: IFSCA chief
Srinivas said allowing DRs will shift foreign investor flows coming through the participatory note (pnotes) route
 "Considering allowing depositary receipts on Indian stocks: IFSCA chief")
Markets close at new lifetime highs; Sensex up 467 pts, Nifty tops 18,800
FPI flows, optimism about growth drive the rally
India's m-cap touches new high amid sharp rally in broader markets
Combined market value of BSE-listed firms hits Rs 291.9 trillion before settling lower
 "India's m-cap touches new high amid sharp rally in broader markets")
Half of India's top-10 highest denominations stocks outperform indices
A combination of good management, healthy growth in their respective businesses, low paid-up capital base, and no share split or equity dilution are the reasons for their high market price
 "Half of India's top-10 highest denominations stocks outperform indices")
Fear of failure? Firms let IPO nods lapse on pricing mismatch, volatility
So far this year , 23 companies have decided to shelve public offers
 "Fear of failure? Firms let IPO nods lapse on pricing mismatch, volatility")
Equity fundraising activity in India dips in H1CY23 amid market volatility
ECM activity down 15% in India even as globally it grows 19%, shows data
 "Equity fundraising activity in India dips in H1CY23 amid market volatility")
Cracking the investment strategy: FPIs are bullish on finance, auto stocks
Financial services saw maximum buying at Rs 9,289 crore, followed by auto stocks at Rs 3,997 crore and consumer services at Rs 1,931 crore
 "Cracking the investment strategy: FPIs are bullish on finance, auto stocks")
Bank vs IT stocks: Domestic fund managers face a 'Hobson's choice'
Backing the right pack can help in alpha generation, as the two often move contrarily
 "Bank vs IT stocks: Domestic fund managers face a 'Hobson's choice'")
Indices end lower as investors brace for Federal Reserve's monetary policy
Sensex, Nifty dip for second day in a row but manage to eke out weekly gains
 "Indices end lower as investors brace for Federal Reserve's monetary policy")
India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up
Commodity firms' bottomline taking a hit primary reason
 "India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up")
IKIO Lighting IPO gets subscribed 66.3 times on concluding day of issue
The company manufactures LED lighting, refrigeration lights and other products
 "IKIO Lighting IPO gets subscribed 66.3 times on concluding day of issue")
Shares of Paytm rally 6.2% following an upgrade by BofA Securities
Paytm has a cash balance of nearly Rs 8,270 crore, over 15 per cent of its market capitalisation
 "Shares of Paytm rally 6.2% following an upgrade by BofA Securities")
Demat account openings rise in May, total count at new high of 118.2 mn
2.1 mn new accounts added, up 32% MoM from 1.6 mn in April, and in line with previous 12-month average of 2 million
 "Demat account openings rise in May, total count at new high of 118.2 mn")
IT stocks witness fresh turbulence; posts biggest decline in nearly 2 mths
Software firm EPAM's guidance cut fresh trigger; underscores weak discretionary spending, say analysts
 "IT stocks witness fresh turbulence; posts biggest decline in nearly 2 mths")
Heavyweights lift benchmarks; Sensex less than 1% away from all-time high
Shares of oil marketing companies fell close to a per cent, while oil producer ONGC gained 0.5 per cent, while RIL gained 0.9 per cent
 "Heavyweights lift benchmarks; Sensex less than 1% away from all-time high")
Indices near record fresh lifetime highs as buoyancy returns to markets
The laggards include realty, power and IT stocks