 "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 44 - Sundar Sethuraman/workspace/business Standard Web/video
Street Signs: Spotlight on IKIO, CSK hits unlisted market for a six & more
Chennai Super Kings (CSK) is a champion in the unlisted market. Shares of CSK have rallied more than 10 per cent following its surprise victory in the recently concluded IPL
 "Street Signs: Spotlight on IKIO, CSK hits unlisted market for a six & more")
Indices end week in the green after US averts default; Sensex up 119 points
Strong May sales saw automobile stocks outperform on Friday. Maruti and Mahindra & Mahindra gained 1.73 per cent and 1.7 per cent, respectively
 "Indices end week in the green after US averts default; Sensex up 119 points")
Trading activity picks up pace in May amid buoyancy in the markets
Cash segment turnover hits 8-month high in May
 "Trading activity picks up pace in May amid buoyancy in the markets")
Mkts dip ahead of vote on US debt ceiling, benchmark indices shed 0.5% each
Indices snap their four-day winning streak; MSCI rejig adds to volatility
 "Mkts dip ahead of vote on US debt ceiling, benchmark indices shed 0.5% each")
Markets log third straight monthly advance amid sustained FPI inflows
The Sensex and the Nifty50 rose more than 2% each in May, extending their three-month gain to 5%
Optimism on the Street: Nifty Bank hits new record as indices gain
With banking stocks leading the gains, the Bank Nifty hit a new high of 44,375 points, a gain of 357 points or 0.8 per cent
 "Optimism on the Street: Nifty Bank hits new record as indices gain")
Street Signs: IPO market to feel June burn, No mountain too high for Nifty
The initial public offering (IPO) market has yet to benefit from the gains in the secondary market in recent months. The IPOs of IKIO Lighting and JG Chemicals may hit the market next month
Indices gain nearly 1% to end week at 5-month high; Sensex up 629 points
The market breadth was strong, with 1,907 stocks gaining and 1,600 declining
 "Indices gain nearly 1% to end week at 5-month high; Sensex up 629 points")
Raising bets: FPI buying in Indian shares at nine-month high in May
Net buyers of equities worth Rs 37,317 crore in May, highest since Aug 2022
 "Raising bets: FPI buying in Indian shares at nine-month high in May")
Adani stocks get fresh boost as GQG ups wager, post gains third day on trot
US investment firm says it has raised stakes in Adani group firms; Group mcap now only 44% below pre-Hindenburg levels
 "Adani stocks get fresh boost as GQG ups wager, post gains third day on trot")
India's IPO mop-up so far sees sharp drop versus global peers in 2023
Domestic market share in amount raised globally falls to 0.9% versus five-year average of 2.9%
 "India's IPO mop-up so far sees sharp drop versus global peers in 2023")
All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league
Conglomerate sees best day since Hindenburg report after SC panel report boosts confidence
 "All 10 Adani stocks gain, group m-cap back in Rs 10-trillion league")
FPI flows turn positive on trailing one-year basis after 16 months
Trailing 12-month FPI flows currently at $7.3 billion-most since November 2021
 "FPI flows turn positive on trailing one-year basis after 16 months")
Small-caps steal a march over large-caps, look primed for outperformance
Moreover, the upmove in the equity markets will shift towards small-caps, the brokerage predicts
 "Small-caps steal a march over large-caps, look primed for outperformance")
Markets drop on US debt ceiling concerns, benchmark indices shed 6% each
Sensex and Nifty both lose over 1.2%, in two days despite positive flows from FPIs
 "Markets drop on US debt ceiling concerns, benchmark indices shed 6% each")
Brokers body seeks three-month extension from Sebi for KYC validation
The Sebi circular had given KYC Registration Agencies (KRAs) a timeline of 180 days, ending on April 30, 2023, to validate client KYCs
 "Brokers body seeks three-month extension from Sebi for KYC validation")
Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues
Improving domestic macro, sustained foreign flows extend gains
 "Sensex, Nifty up 0.5% each to hit fresh 5-mth highs amid strong global cues")
Karnataka election results likely to keep Indian markets swinging
The market mood is bullish amid strong inflows from foreign portfolio investors. The benchmark National Stock Exchange Nifty is less than 3 per cent shy of new all-time highs
 "Karnataka election results likely to keep Indian markets swinging")
No holding back: FPIs sweeten the pot for Equitas SFB and Sona BLW
Highest increase in holding by FPIs in the March quarter
Street Signs: Adani Group shares, Exchange-traded funds surface, and more
Over the weekend, Adani Enterprises and Adani Transmission announced plans of raising Rs 12,500 crore and Rs 8,500 crore, respectively, through the qualified institutional placement route