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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.
INEOS is the latest to see stock tank after failed move
The last company to list following an IPO was SBI Cards on March 16
Economists project developed world central banks to keep liquidity tap open well into 2021
A positive start to the results season also boosted sentiment
Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription
ECM underwriting fees stood at $96 million in H1, 6.7% lower than the corresponding period in 2019
Experts said the markets also cheered signs of recovery in jobs and manufacturing after the economy reopened in June after a prolonged lockdown
Turnover in cash market segment doubles in June after increased interest from young investors
According to an analysis by ICICI Direct, about a dozen stocks currently meet the inclusion criteria for trading in the derivatives segment
27 sessions in H1CY20 saw over 3% swing
Market players said the stock is easily prone to manipulation as hardly any shares are with the public
Best month in terms of advance-decline ratio for Nifty 500despite headwinds such as rising covid-19 infections, India-China standof and ratings downgrade by Moody's Investors Service
10,500-10,700 may act as a strong resistance going forward, considering that foreign investors may book profits at higher levels
The index dropped as much as 911 points from the day's high
The performance of banking stocks is likely to weigh on the markets
Stocks opened gap-up after a sharp rally on the Wall Street overnight, and managed to hold on to most gains despite banking stocks, the index heavyweights, underperforming
The Sensex rose 606 points, or 1.9%, to end at 32,720 - the highest close since March 13
The rebalancing is scheduled to take place on May 12 and the changes will become effective from June 1
Sensex falls 1,011 points, Nifty closes below 9k
Home ministry had chided state for allowing prohibited activities