 "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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Amid volatility, domestic market sees sharp rebound from 2022 lows
The latest upmove has been underpinned by positive foreign portfolio investor (FPI) flows
 "Amid volatility, domestic market sees sharp rebound from 2022 lows")
Markets gain for sixth consecutive day in longest streak since October
The rally in banking and finance stocks after some banks posted good quarterly results also helped sentiment
 "Markets gain for sixth consecutive day in longest streak since October")
Bulls back on D-Street: Indices gains 4% in the past 5 trading sessions
IndusInd Bank was the best-performing Sensex stock and rose 7.8 per cent
 "Bulls back on D-Street: Indices gains 4% in the past 5 trading sessions")
Equity fund-raising through QIP slumps over 80% to Rs 5,039 crore
Slumps over 80%; titans of India Inc in wait-and-watch mode to see how economy navigates a torrent of headwinds
Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days
Sensex closes at highest level since June 6; Up 8% from CY22 lows
 "Markets surge amid 'peak inflation' optimism, gain now 4% in 4 days")
Investor sentiment in doldrums, growth optimism hits record low: BofA study
Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks
 "Investor sentiment in doldrums, growth optimism hits record low: BofA study")
Biggest market jump in a month adds Rs 3.4 trillion to investor wealth
1.4% jump comes on the back of easing recession fears, China policy support
From RIL to Maruti Suzuki, big mutual fund buys in June see turbulence
On July 1, shares of RIL crashed over 7 per cent, following the government imposing windfall taxes on domestic crude oil production and fuel exports
SME IPOs are outliers this year despite a sharp sell-off in the market
The stock prices of 47 companies that have listed on SME bourses this year are up 32 per cent on average
 "SME IPOs are outliers this year despite a sharp sell-off in the market")
Street signs: 15,800 key for Nifty, headwinds for gold financiers & more
Shares of gold finance firms, such as Muthoot Finance and Manappuram Finance, may come under pressure because of the softness in the price of yellow metal
 "Street signs: 15,800 key for Nifty, headwinds for gold financiers & more")
One year of startup listings: Exuberance tapers as firms lose grip on gains
After Zomato's promising start, global tech meltdown halts listing gravy train
 "One year of startup listings: Exuberance tapers as firms lose grip on gains")
Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO
'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'
 "Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO")
Led by new-gen investors, mobile trading accounts for a fifth of trades
Higher smartphone penetration and lower data charges are powering this trend, say industry players
 "Led by new-gen investors, mobile trading accounts for a fifth of trades")
At 1.79 million, demat accounts opened in June fewest since Feb 2021
The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 - higher than 12.4 million added in the first half of 2021
 "At 1.79 million, demat accounts opened in June fewest since Feb 2021")
Street Signs: Market uptrend, short covering in Tata Motors, and more
Nifty has not gained for more than three weeks in a row since mid-January 2022
 "Street Signs: Market uptrend, short covering in Tata Motors, and more")
Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points
Indices end at highest level in nearly a month
 "Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points")
BSE FMCG Index nears new high as falling input prices spark optimism
Rural demand another reason for buoyant sentiment towards FMCG stocks
 "BSE FMCG Index nears new high as falling input prices spark optimism")
Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27
Shares of Kotak Bank rose 2.64 per cent on Wednesday to end at Rs 1,707, valuing the lender at $42.8 billion (Rs 3.4 trillion)
 "Goldman Sachs sees Kotak Mahindra Bank entering $100-bn club by FY27")
Bulls are back: Equities rebound over 1%; crude below $100 per barrel
Reversal in FPI selling buoys sentiment
 "Bulls are back: Equities rebound over 1%; crude below $100 per barrel")
Markets find their feet as FPIs step off pedal after brutal selloff
In the past fortnight, the average daily selling by overseas funds has moderated to less than Rs 1,400 crore, compared with nearly Rs 3,500 crore in the preceding fortnight
 "Markets find their feet as FPIs step off pedal after brutal selloff")