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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Brokers demand cut in dividend distribution tax in upcoming Budget
The submission said the tax on the dividend should be in the form of equalisation of balance difference between corporate and personal tax
 "Brokers demand cut in dividend distribution tax in upcoming Budget")
Sensex rises 489 points on Fed rate cut hint; Nifty ends above 11,800
Softening US bond yields boost risk appetite
 "Sensex rises 489 points on Fed rate cut hint; Nifty ends above 11,800")
Deal activity will gather pace after Budget: Utpal Oza, Nomura India
There is healthy investor appetite for companies with strong fundamentals, unique business model, and a robust corporate governance framework, says Oza
 "Deal activity will gather pace after Budget: Utpal Oza, Nomura India")
IndiaMART to launch IPO on June 24, plans to raise Rs 475 crore
The company has priced its IPO between Rs 970 and Rs 973 per share. The offer will close on June 26.
 "IndiaMART to launch IPO on June 24, plans to raise Rs 475 crore")
FPI lobby seeks scrapping of LTCG tax, say it makes market uncompetitive
One of the key demands of the broking community is a cut in the domestic distribution tax and securities transaction tax
 "FPI lobby seeks scrapping of LTCG tax, say it makes market uncompetitive")
Majority of BSE 500 stocks trading below 200-day moving average
Spicejet is trading 57 per cent higher, while Maharashtra Scooter is trading 45 per cent higher
NSE cash market trades on cell phones up 10x since 2014, BSE deals up 20%
Data penetration has helped lower costs for brokers as more customers go mobile
 "NSE cash market trades on cell phones up 10x since 2014, BSE deals up 20%")
Sensex posts first weekly loss in a month; Nifty closes below 11,900
Nineteen stocks in the Sensex pack fell
Indices post biggest 1-day decline in 2019 despite RBI's dovish stance
The RBI's stance failed to cheer investors as the looming crisis in the non-banking financial companies (NBFC) sector overshadowed the move
 "Indices post biggest 1-day decline in 2019 despite RBI's dovish stance")
Market rally broad-based, riding on strength of govt mandate: Analysts
Advance/decline ratio for May stood at 0.75, a healthy reading after many months
 "Market rally broad-based, riding on strength of govt mandate: Analysts")
Nirmala Sitharaman's appointment as finance minister surprises Dalal Street
The indices recovered lost ground to end with marginal losses
 "Nirmala Sitharaman's appointment as finance minister surprises Dalal Street")
Sensex, Nifty hit record closing highs as election optimism continues
Market players said investor focus was likely to shift from large caps to the broader markets on the hopes of the Modi government announcing pro-growth reforms
Sensex, Nifty end at record closing high as investors cheer BJP's victory
The broader markets outperformed, with the mid- and small-cap indices gaining more than 2% each
 "Sensex, Nifty end at record closing high as investors cheer BJP's victory")
Best day in a decade: Markets salute exit polls verdict, hit record highs
Investor sentiment was buoyed by exit polls predicting that the BJP, with the help of its coalition partners, will comfortably reach the majority mark
 "Best day in a decade: Markets salute exit polls verdict, hit record highs")
LS elections: Markets may rise 1-2% after exit polls show Modi's return
Most exit polls showed the BJP, along with its allies, crossing the halfway mark of 272 required to stake claim to form the govt
 "LS elections: Markets may rise 1-2% after exit polls show Modi's return")
Sensex rises 537 points ahead of of exit poll outcome; Nifty ends at 11,407
Experts are hoping for a continuity in the Narendra Modi regime
 "Sensex rises 537 points ahead of of exit poll outcome; Nifty ends at 11,407")
Markets snap 9-day losing streak; Sensex up 227 pts, Nifty ends at 11,222
Experts said the markets will continue being volatile ahead of the election results next week
Surge in foreign flows a key reason for uptick in delivery volumes: Experts
Increase in delivery percentage indicates that a higher portion of long-term money could be entering the market
 "Surge in foreign flows a key reason for uptick in delivery volumes: Experts")
Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more
During the 2014 general election, the primary market had seen a lull with only one IPO between April 2014 and July 2014
 "Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more")
First weekly decline for indices in 2 months as investors turn cautious
Friday's gains helped the indices pare losses for the week