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.
Page 86 - Sundar Sethuraman/workspace/business Standard Web/video
Mid, small caps see big surge after a year of sharp underperformance
Nifty Smallcap 100, Midcap 100 rally 3.9%, 2.4%
 "Mid, small caps see big surge after a year of sharp underperformance")
Street signs: MFs hit sell button, SLB mechanism gains traction, and more
According to data from stock exchanges and Sebi, domestic funds pulled out around $500 million while FIIs buying in the past few sessions neared $1 billion
 "Street signs: MFs hit sell button, SLB mechanism gains traction, and more")
Valuation multiples of top public sector undertakings at a multi-year low
The valuation differential has widened in the past five years
 "Valuation multiples of top public sector undertakings at a multi-year low")
IPOs show no sign of capex revival, fresh issue component below 20%
Fresh issue component in total fund below 20% for a second year in a row
 "IPOs show no sign of capex revival, fresh issue component below 20%")
Sensex falls eighth straight day, longest losing streak in 6 years
The Indian market has under performed most major global markets this month
 "Sensex falls eighth straight day, longest losing streak in 6 years")
Street signs: Thrust for disinvestment, wealth managers' woes, and more
The Sensex is down 3,000 points or over 8% from its August high
 "Street signs: Thrust for disinvestment, wealth managers' woes, and more")
Sensex posts worst weekly close in three months; macro concerns weigh
Market participants said the macroeconomic concerns, disappointing results in the last seven sessions and lingering US-China trade tensions put pressure on the markets
Bharat 22 ETF's additional offering subscribed over ten times: Govt
Since its launch in Nov 2017, the Centre has raised Rs 22,900 cr through Bharat 22 ETF in two tranches
 "Bharat 22 ETF's additional offering subscribed over ten times: Govt")
Investors give a thumbs up to the offer for sale of Axis Bank
The OFS was subscribed 3.68 times on Wednesday, the second day of the offer
 "Investors give a thumbs up to the offer for sale of Axis Bank")
Non-retail portion of Axis Bank offer for sale subscribed over 2.5 times
SUUTI informed the exchanges it has decided to exercise the greenshoe option to sell an additional 26 million or 1.02 per cent of equity shares in the company
 "Non-retail portion of Axis Bank offer for sale subscribed over 2.5 times")
Average promoter shareholding in BSE-500 firms slips to five-quarter low
They have diluted their shareholding to meet other funding requirements
 "Average promoter shareholding in BSE-500 firms slips to five-quarter low")
Trade concerns, Tata Motors drag markets lower; Sensex falls 425 points
Most Asian markets dropped on fears that US-China relations could worsen as another round of tariff hikes kicks in
 "Trade concerns, Tata Motors drag markets lower; Sensex falls 425 points")
Chalet Hotels debuts at slight premium to issue price in volatile market
Chalet Hotels was the first major IPO to hit the market in nearly four months
Buybacks fail to boost long-term prospects; volatility a dampener
Shares of only a fourth of the firms above their buyback price; promoters tend to benefit the most
 "Buybacks fail to boost long-term prospects; volatility a dampener")
Investors give a miss to the offer for sale in L&T Technology Services
People in the know said there was investor demand at a lower price
 "Investors give a miss to the offer for sale in L&T Technology Services")
Markets drop as investors dump firms with high debt levels, share pledging
The shares of Adani Ports, Adani Power, Jindal Stainless, Reliance Capital, and Suzlon saw heavy selling
 "Markets drop as investors dump firms with high debt levels, share pledging")
Street signs: IL&FS SPV fallout hurts mkt, brokers-exchange meet, and more
The IL&FS subsidiaries have decided to not pay their obligations, citing a National Company Law Appellate Tribunal decision on resolving the debt issue at the parent level
 "Street signs: IL&FS SPV fallout hurts mkt, brokers-exchange meet, and more")
Market, bankers pin hope on Chalet Hotels for breaking lull in IPO launches
Market participants said that 5 to 6 issues will hit the market if Chalet Hotels' IPO is successful and if there are no negative surprises in the Interim Budget on Feb 1
 "Market, bankers pin hope on Chalet Hotels for breaking lull in IPO launches")
Markets slip on sharp correction in key stocks amid global rally
A sharp correction in stocks such as Zee Entertainment, Maruti, DLF weighs on investor sentiment
 "Markets slip on sharp correction in key stocks amid global rally")
Chalet Hotels IPO opens next week, issue size lowered due to volatility
Company has retained fresh issue component, while promoter has decided to sell fewer shares than earlier intended
 "Chalet Hotels IPO opens next week, issue size lowered due to volatility")