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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.
Discount brokers such as Zerodha and 5Paisa.com already have ultra-cost pricing models with zero brokerage and flat fees of as low as Rs 10 for intra-day trades in the cash and derivatives space
The Sensex gained 0.5 per cent, or 184 points, to end at 40,654, while the Nifty added 50 points, or 0.42 per cent, to close at 12,016 - 73 points below its last all-time high
Index rises as much as 340 pts only to give up most gains
The abolition of the DDT is one of the long-pending demands of market players as it leads to double taxation
Analysts say a rate in the dividend distribution tax and buyback tax could fuel further buying by FIIs
On September 20, Finance Minister Nirmala Sitharaman announced a reduction in the country's effective corporation tax rate from around 35% to 25%
Market rarely reacts to the release of economic data such as GDP growth or factory output
Market players say the overall volumes have been on the rise as the market has become quite volatile
This was the third straight day of gain for the both indices. Also, foreign portfolio investors (FPIs) were net-buyers for a second straight session
The benchmark Nifty is expected to make positive strides, if technical analysts are to be believed
The crisis at PMC Bank has led to fears amongst investors that the money of ordinary depositors will be blocked
The brokerage expects the Sensex to climb to 45,000 - 15% upside from current levels - by June next year
The stock market rallied 5 per cent on Friday - its biggest single-day stride in over a decade
Several out-of-the-money call options on the Nifty and the Bank Nifty index jumped more than 50 times on Friday
Majority of the trouble-hit companies ended the day in the red, even as investors lapped up shares across the board
Banking, auto shares gain the most; 5 stocks account for 68% of Sensex gains
Shares of India Tourism Development Corporation (ITDC) have zoomed 50 per cent in the past four trading sessions
The lull in the primary market has hit investment bankers hard
Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each
Mounting troubles for NBFCs, concerns over corporate debt, and uncertainty surrounding trade war have further contributed