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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Centre launches FY21 disinvestment drive with HAL, OFS oversubscribed
Experts said the government has timed the HAL share sale well. The stock has more than doubled from its March lows amid strong buying momentum in defence stocks.
 "Centre launches FY21 disinvestment drive with HAL, OFS oversubscribed")
September may see end of one-month IPO drought with five hitting the market
Despite supportive markets, August saw no new offerings
 "September may see end of one-month IPO drought with five hitting the market")
Street signs: Nifty at crucial juncture, YES Bank shares gain, and more
Technical analysts say the positive momentum in the market could sustain as long as the index stays above 11,100 levels
 "Street signs: Nifty at crucial juncture, YES Bank shares gain, and more")
Majesco shares rise over 20% after Thoma Bravo offers better deal to US arm
The revised price is $16 per share, up from the earlier offer of $13.1 per share, valuing the company at $729 million
 "Majesco shares rise over 20% after Thoma Bravo offers better deal to US arm")
Foreign portfolio flows in 2020 turn positive after Covid-19 jitters
While net FPI slows for the initial two months were positive, FPI selling was seen accelerating in the subsequent two months
 "Foreign portfolio flows in 2020 turn positive after Covid-19 jitters")
Proxy firms play by new rulebook as Sebi tightens procedural guidelines
The new framework is aimed at increasing accountability, addressing conflict of interest, and establishing greater communication between proxy advisors and their clients and the company
 "Proxy firms play by new rulebook as Sebi tightens procedural guidelines")
Unsuccessful delisting bids: Euphoric investors get a reality check
INEOS is the latest to see stock tank after failed move
 "Unsuccessful delisting bids: Euphoric investors get a reality check")
Rossari Biotech shares soar 75% on debut on the back of huge demand
The last company to list following an IPO was SBI Cards on March 16
 "Rossari Biotech shares soar 75% on debut on the back of huge demand")
Markets ride easy money wave, experts caution against asset price bubbles
Economists project developed world central banks to keep liquidity tap open well into 2021
 "Markets ride easy money wave, experts caution against asset price bubbles")
Coronavirus vaccine hopes, EU recovery deal help indices surge
A positive start to the results season also boosted sentiment
 "Coronavirus vaccine hopes, EU recovery deal help indices surge")
Street signs: Nifty in bullish territory, HNIs look to break even, and more
Rossari Biotech will make its stock market debut this week following a hugely successful IPO, which saw 80 times subscription
 "Street signs: Nifty in bullish territory, HNIs look to break even, and more")
Equity fund raising activity surges 52%, fee pool declines in H12020
ECM underwriting fees stood at $96 million in H1, 6.7% lower than the corresponding period in 2019
 "Equity fund raising activity surges 52%, fee pool declines in H12020")
Indices reach 4-month high on Covid-19 vaccine hopes; Sensex up 429 points
Experts said the markets also cheered signs of recovery in jobs and manufacturing after the economy reopened in June after a prolonged lockdown
Trading volumes spurt in June; buoyancy in stock market boosts activity
Turnover in cash market segment doubles in June after increased interest from young investors
 "Trading volumes spurt in June; buoyancy in stock market boosts activity")
HDFC AMC, Adani Gas among candidates for inclusion in F&O segment
According to an analysis by ICICI Direct, about a dozen stocks currently meet the inclusion criteria for trading in the derivatives segment
 "HDFC AMC, Adani Gas among candidates for inclusion in F&O segment")
Wild swings in stock markets this year match 2008 financial crisis levels
27 sessions in H1CY20 saw over 3% swing
 "Wild swings in stock markets this year match 2008 financial crisis levels")
Ruchi Soya Industries hit down limit after soaring 3 times in 22 sessions
Market players said the stock is easily prone to manipulation as hardly any shares are with the public
 "Ruchi Soya Industries hit down limit after soaring 3 times in 22 sessions")
Investors cheer as nearly 90% of top-500 stocks log gains in June
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
 "Investors cheer as nearly 90% of top-500 stocks log gains in June")
Street signs: Nifty seen in 9,600-11,000 zone in July, LIC IPO, and more
10,500-10,700 may act as a strong resistance going forward, considering that foreign investors may book profits at higher levels
 "Street signs: Nifty seen in 9,600-11,000 zone in July, LIC IPO, and more")
Sensex falls 561 points on weak global cues as Covid-19 worries mount
The index dropped as much as 911 points from the day's high
 "Sensex falls 561 points on weak global cues as Covid-19 worries mount")