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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Rising Covid cases, US elections jolt global markets for 2nd time this week
Sensex slips 600 pts amid global sell-off; Dow slides 700 pts as uncertainty fuels investor anxiety
 "Rising Covid cases, US elections jolt global markets for 2nd time this week")
Concerns over US fiscal stimulus, Covid-19 surge roil global markets
Sensex drops 540 points; Wall Street's indices deep in the red
 "Concerns over US fiscal stimulus, Covid-19 surge roil global markets")
Sebi plan to introduce capital adequacy norms rattles stockbrokers
Traders contend norms are stringent, no need for them when regulator has already reduced brokers' dependency on client securities and margin
 "Sebi plan to introduce capital adequacy norms rattles stockbrokers")
Street signs: US election cloud on FPI flows, tech boost for L&T & more
Analysts expect the markets to remain upbeat until the presidential polls, but investors may be better off on the sidelines until then
 "Street signs: US election cloud on FPI flows, tech boost for L&T & more")
India pips EM peers in latest market uptick as US stimulus brings hope
2020 underperformance narrows; Experts say going further outperformance could be a challenge
 "India pips EM peers in latest market uptick as US stimulus brings hope")
Tepid response to Federal Mogul OFS, bids received for less than 10% shares
Market participants said high valuation and low liquidity at the counter was behind the poor response
 "Tepid response to Federal Mogul OFS, bids received for less than 10% shares")
Mazagon Dock Shipbuilders up 19% on debut, UTI AMC lists at a discount
Mazgaon Dock is the only shipyard to have built destroyers and conventional submarines for the Indian Navy
 "Mazagon Dock Shipbuilders up 19% on debut, UTI AMC lists at a discount")
Street signs: A breather before a new high, Parag Milk on HNI radar & more
The slew of regulatory changes has kept the mutual fund industry and officials of Association of Mutual Funds in India (Amfi) on their toes over the past few weeks
 "Street signs: A breather before a new high, Parag Milk on HNI radar & more")
Regaining the milestone: Sensex reclaims 40k level after more than 7 months
Optimism around economic revival, stimulus propel markets
 "Regaining the milestone: Sensex reclaims 40k level after more than 7 months")
Sensex, Nifty jump over 7% in seven sessions on positive outlook
The Sensex rose 601 points, or 1.54 per cent, to end at 39,574 on Tuesday - the highest since February 27; Nifty 50 index rose 159 points, or 1.4 per cent, to end at 11,662
 "Sensex, Nifty jump over 7% in seven sessions on positive outlook")
Angel Broking slides 10% on market debut after weak response to IPO
The last instance of an IPO listing at a discount was that of SBI Cards, in March. It, too, had ended 10 per cent lower amid the turbulence caused by the pandemic
Street signs: HNIs in the dock, Google threat for listings biz, and more
High net-worth individuals' (HNIs') wager on the Mazagon Dock Shipbuilders IPO will pay off if the shares of the state-owned company more than double during the trading debut
 "Street signs: HNIs in the dock, Google threat for listings biz, and more")
Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times
The last hugely subscribed PSU IPO was that of IRCTC last year
 "Mazagon Dock IPO subscribed 157 times on third day; UTI AMC IPO 2.31 times")
Chemcon, CAMS gain on trading debut, continuing listing day trend
Listings of Route Mobile, Happiest Minds and Rossari Biotech generated stellar returns for investors previously
Unlock 5.0, hopes of US Covid stimulus lift Sensex, Nifty over 1.5%
Sensex, Nifty post weekly gains of 3.5 per cent
 "Unlock 5.0, hopes of US Covid stimulus lift Sensex, Nifty over 1.5%")
Route Mobile makes strong debut in stock market, lists at 86% premium
The Rs 600-crore IPO of Route Mobile was subscribed 75x
 "Route Mobile makes strong debut in stock market, lists at 86% premium")
CAMS IPO subscribed 82% on day 1, retail investor portion fully subscribed
CAMS has priced its IPO in the range of Rs 1,229-1,230 per share
Sensex falls 812 points, Nifty settles at 11,250 amid global sell-off
Rising Covid cases, ICIJ report rattle investors; Dow slips about 3 per cent
 "Sensex falls 812 points, Nifty settles at 11,250 amid global sell-off")
Street signs: Sebi NAV rule, more bumper listings on the cards, and more
Market players believe the new Sebi rule on net asset values (NAVs) will help capture the transactions on both asset and liability sides without any lag
 "Street signs: Sebi NAV rule, more bumper listings on the cards, and more")
Angel Broking to launch Rs 600-cr initial public offering next week
Angel Broking will be looking to ride the boom in broking industry seen this financial year
 "Angel Broking to launch Rs 600-cr initial public offering next week")