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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Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case
It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015
 "Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case")
Nifty crosses 12,300-mark on easing tensions, Sensex up 147 points
Friday's rise helped the indices mark their first weekly gain in three weeks
 "Nifty crosses 12,300-mark on easing tensions, Sensex up 147 points")
Sebi directs exchanges to implement a framework to monitor margins
The move is likely to have a wider impact on volumes in the futures & options (F&O) segment, in which leveraged intra-day trades had been a common practice
On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off
Standard gold falls over 2.4% to Rs 39,772, biggest drop since Oct 2016
 "On hopes of US-Iran de-escalation, Sensex soars 634 points, oil cools off")
Bank-backed broking houses expect client influx after Karvy fiasco
Trust deficit after Karvy fiasco and access to margin facility to drive shift of investors
 "Bank-backed broking houses expect client influx after Karvy fiasco")
Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher
On average, IPO stocks listed 20 per cent higher than their issue price on a listing day
 "Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher")
Delivery volumes at 10-yr low even as benchmark indices hit new highs
Investors wary of taking long-term positions to avoid large losses
 "Delivery volumes at 10-yr low even as benchmark indices hit new highs")
Benchmark indices touch all-time highs on easing US-China trade tensions
Foreign institutional investors seem to be booking profit though, having shed shares worth Rs 435 crore in Dec
 "Benchmark indices touch all-time highs on easing US-China trade tensions")
Street cheers for Ujjivan Small Finance Bank as stock soars 50% on debut
Ujjivan SFB stock touched a high of Rs 62.8 and low of Rs 53 on the National Stock Exchange
 "Street cheers for Ujjivan Small Finance Bank as stock soars 50% on debut")
Five of 11 entities to go for QIPs trading in red; Lakshmi Vilas top loser
While investors have made decent returns on most deals, they have lost out heavily on three transactions.
 "Five of 11 entities to go for QIPs trading in red; Lakshmi Vilas top loser")
New milestones for indices: Sensex climbs mount 41k, Nifty closes at 12,101
Optimism over the US-China trade deal and benign monetary policy have helped global investor sentiment
 "New milestones for indices: Sensex climbs mount 41k, Nifty closes at 12,101")
SBI's credit card arm files offer document; aims to raise Rs 9,500 cr
The issue will comprise fresh fund raising worth Rs 500 crore, which will be used to augment the capital base to meet future business requirements
 "SBI's credit card arm files offer document; aims to raise Rs 9,500 cr")
Fairfax-backed CSB Bank IPO subscribed 87 times so far on final day
Given the huge oversubscription, the IPO is likely to be priced at the upper end of its price band of Rs 193-195 per share
 "Fairfax-backed CSB Bank IPO subscribed 87 times so far on final day")
Analysts drop coverage on stocks of firms with high debt, biz uncertainty
More than a third of stocks in top 500 have witnessed reduced coverage
 "Analysts drop coverage on stocks of firms with high debt, biz uncertainty")
Valuation disparity broadens even as Sensex, Nifty hit all-time highs
Median P/E multiple of top 100 companies by market value is nearly 30 times their trailing 12-month earnings
 "Valuation disparity broadens even as Sensex, Nifty hit all-time highs")
Slide in banking stocks drags indices; Sensex closes 229 points lower
Of the 19 sectoral indices of the BSE, 16 ended with losses, with metal and realty indices declining the most
 "Slide in banking stocks drags indices; Sensex closes 229 points lower")
With just 8% growth, India trails other EMs in latest market surge
A rate cut by the US Federal Reserve, progress in trade talks, and the Brexit deal have benefited both developed markets as well as EMs, say analysts
 "With just 8% growth, India trails other EMs in latest market surge")
Private equity firm Sanaka Capital to inject Rs 525 cr in Edelweiss Global
Sanaka will initially invest Rs 308 crore, and a further Rs 217 crore on a later date if talks are successful
 "Private equity firm Sanaka Capital to inject Rs 525 cr in Edelweiss Global")
Sensex falls 330 points on Moody's India outlook downgrade, rupee tumbles
Market players said Moody's outlook underscored some of the marco concerns
 "Sensex falls 330 points on Moody's India outlook downgrade, rupee tumbles")
Infosys whistleblower case: Ask Nilekani or God, quips Sebi chief Tyagi
Further, Tyagi said the regulator was looking into concerns over firms not sharing data with credit rating agencies.
 "Infosys whistleblower case: Ask Nilekani or God, quips Sebi chief Tyagi")