 "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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RBI shocker sends market into a tizzy; benchmark indices plunge 2.3%
The bond markets also saw a sell-off, and the yield on the 10-year government bond rose to 7.37 per cent, hitting a three-year high
 "RBI shocker sends market into a tizzy; benchmark indices plunge 2.3%")
LIC's $2.7-billion IPO set to be the fifth-biggest globally in CY22
Dubai Electricity and Water Authority's (DEWA's) $6.1-billion IPO in March is currently the third biggest public offering for the year, followed by China National Offshore Oil Corporation's (CNOOC's)
 "LIC's $2.7-billion IPO set to be the fifth-biggest globally in CY22")
Monthly selling streak by FPIs worst since global financial crisis in 2008
Pull out capital for 7th straight month in April
 "Monthly selling streak by FPIs worst since global financial crisis in 2008")
Volatility drags Sensex and Nifty down for third month in 2022
Rising inflation has forced central banks, including the US Fed, to hike rates to tame inflation.
 "Volatility drags Sensex and Nifty down for third month in 2022")
Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%
Both foreign portfolio investors (FPIs) as well as domestic institutions were net buyers on Thursday
 "Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%")
Benchmark indices snap 2-day losing run; Sensex rises 776 points
One of the factors that lifted sentiment was China's pledge to boost monetary-policy support to bolster its Covid-19-hit economy
 "Benchmark indices snap 2-day losing run; Sensex rises 776 points")
China's Covid curbs spook global markets; Sensex, Nifty tumble over 1%
Brent crude oil prices dropped close to 5 per cent due to demand concerns following news that lockdowns were spreading to Beijing
Street signs: EM earnings lag developed mkts, paper stocks may shine & more
According to Bloomberg analysis, of the 93 companies that have reported quarterly results until Friday, only one in every four in the MSCI EM index beat dollar-based forecasts
 "Street signs: EM earnings lag developed mkts, paper stocks may shine & more")
Markets end week of hits & misses on a low; Sensex declines 714 points
Rising US yields halt indices after two days of gains
 "Markets end week of hits & misses on a low; Sensex declines 714 points")
Indices extend gains for 2nd straight day; Sensex rises 874 points
Sensex, Nifty rise 2.6% in 2 days, erasing half the losses made in last 5 sessions
 "Indices extend gains for 2nd straight day; Sensex rises 874 points")
Relief rally: Indices snap five-day losing run; Sensex gains 574 points
Gains were led by heavyweights like RIL, Infosys amid strong global cues
 "Relief rally: Indices snap five-day losing run; Sensex gains 574 points")
Frothy valuations to take hit as liquidity withdraws: InCred Asset Mgt head
In a Q&A, Mrinal Singh, CEO & CIO of the firm, says Indian markets are better placed than other EMs and there are enough bottom-up opportunities
 "Frothy valuations to take hit as liquidity withdraws: InCred Asset Mgt head")
Markets shed 5% in as many days as FPI selling intensifies on global cues
Domestic institutional investors pumped in close to Rs 4,000 crore on Tuesday.
 "Markets shed 5% in as many days as FPI selling intensifies on global cues")
HDFC twins' stocks tank 20% each in 9 trading sessions: What analysts say
Total mcap erosion pegged at Rs 2.72 trillion; HDFC Bank falls for ninth straight day, down 3.73% to Rs 1,343.3. HDFC sheds 5.5% to Rs 2,138.7
 "HDFC twins' stocks tank 20% each in 9 trading sessions: What analysts say")
BSE IT index sheds 4.76% in biggest single-day drop in nearly two years
Infy's weak numbers triggers selloff in other IT shares
 "BSE IT index sheds 4.76% in biggest single-day drop in nearly two years")
Stocks slip on earnings setback, inflation data; Sensex falls 1,172 points
Besides weak earnings, investors had to digest negative macroeconomic data on the inflation and GDP outlook front
Street signs: Nifty support seen at 17,400, Shipbuilding stocks zoom & more
The Nifty50 index ended the truncated week at 17,476 - close to its 20-day exponential moving average of 17,450
 "Street signs: Nifty support seen at 17,400, Shipbuilding stocks zoom & more")
Demat account tally jumps 63% to 89.7 million in FY22, shows data
Experts say, however, that pace of additions may moderate going ahead
 "Demat account tally jumps 63% to 89.7 million in FY22, shows data")
Indices slide as bond yields march ahead; Sensex falls 388 points
This is fifth decline in six sessions; analysts expect markets to react to inflation data today
 "Indices slide as bond yields march ahead; Sensex falls 388 points")
We expect our customer base to grow 3x in FY23: Upstox's Ravi Kumar
In a Q&A, the CEO of the discount broking firm says the industry is seeing huge traction from smaller cities and first-time investors
 "We expect our customer base to grow 3x in FY23: Upstox's Ravi Kumar")