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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.
The index closed at 16,245 on Friday, down 11 per cent over its 2022 peak of 18,308
Investment bankers say it will be challenging to launch even a single deal in March
Benchmark indices shed up to 1.5% as oil price surge trigger spook investors; war adds to concerns of slowing economic growth and inflation
Brent crude oil prices touched an intra-day high of $121.89 per barrel, the highest since April 2012, before paring some gains
Curbs on Russia seen as weaker than expected; Nifty rebounds 2.5%
Russia mounts biggest assault on a European state since WWII
Nifty Smallcap 100 index plunges 6%, extends YTD fall to 17%
Increased investor participation an encouraging sign, says Sebi's Ajay Tyagi
The report said the funds raised through ECM deals fell because deals were of smaller values
The Sensex ended Tuesday's session at 59,856, following a gain of 673 points or 1.1 per cent
The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states
Between Jan-Nov 2021, equity funds saw net inflows of around Rs 71,600 cr, while FPIs remained net buyers to the tune of 24,143 cr
The Nifty50 ended the December expiry series with losses of 1.9 per cent
But returns from equities may moderate, warn experts
Some brokerages like Marwadi Financial Services have sounded caution
According to an Edelweiss analysis, Tata Power will see passive inflows of $240 mn and SRF could see buying worth $230 mn. Both shares rose more than 1.5% on Monday
Many are hoping that the shares will do well going ahead due to the relatively attractive valuations
This was the fourth straight year the market has notched up gains on Muhurat day
Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns
This is the second-biggest IPO since that of food delivery start-up Zomato's, the first by an Indian unicorn.