Sundar Sethuraman,Samie Modak

Stories by Sundar Sethuraman,Samie Modak

IPOs Struggle To Attract Retail, HNIs

IPOs Struggle To Attract Retail, HNIs

Rediff.com   21 Jul 2025

Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.

A Showdown That Could Reshape India's Derivatives Market

A Showdown That Could Reshape India's Derivatives Market

Rediff.com   20 Jul 2025

The Jane Street-Sebi saga is more than a legal dispute -- it's a litmus test for India's ambitions as a global financial hub.

'Sensex Is Barometer Of Economy And Capital Markets'

'Sensex Is Barometer Of Economy And Capital Markets'

Rediff.com   18 Jul 2025

'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

SBI eyes Rs 25,000 crore via record QIP, sets floor at 2.5% discount

Rediff.com   17 Jul 2025

State Bank of India (SBI), the largest lender in the country, has launched a share sale to institutional investors to raise upto Rs 25,000 crore, the biggest qualified institutional placement (QIP) so far by an Indian firm, and has set a floor price of Rs 811.05, which is at a 2.5 per cent discount on Wednesday's closing price.

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

IPO Pipeline Swells with 118 DRHPs

IPO Pipeline Swells with 118 DRHPs

Rediff.com   11 Jul 2025

Experts say the robust filing suggests the second half of the year will see large-scale issuances, provided the markets remain supportive.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

Why Is SEBI Probing A Trading Giant?

Why Is SEBI Probing A Trading Giant?

Rediff.com   21 Jun 2025

Sebi's probe against Jane Street is part of its efforts to mitigate losses for individual derivative traders.

A pause, then a pulse in demat growth

A pause, then a pulse in demat growth

Rediff.com   16 Jun 2025

About 2.2 million new dematerialised (demat) accounts were opened in May, raising the total to 196.6 million as stock prices continued their upward trend.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Where Have All The Share Buybacks Gone?

Where Have All The Share Buybacks Gone?

Rediff.com   15 May 2025

Without changes to the taxation rules, buybacks are expected to remain scarce.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

Indian markets spring back to life with best weekly gains since 2021

Indian markets spring back to life with best weekly gains since 2021

Rediff.com   18 Apr 2025

Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff exemptions.

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

IPO Pipeline Runs Dry In March, 1st In 2 Yrs

Rediff.com   3 Apr 2025

Industry players said the sharp sell-off in February forced many companies to put off their listing plans

Despite market volatility, corporate fundraising at record high in FY25

Despite market volatility, corporate fundraising at record high in FY25

Rediff.com   28 Mar 2025

Fundraising by Indian companies through equity and debt reached an all-time high in the financial year 2024-25 (FY25), according to data collated by primedatabase.com. Fundraising through debt stood at Rs 11.1 trillion in FY25, including contributions from InvITs (infrastructure investment trusts) and REITs (real estate investment trusts).

D-Street puts up best weekly showing in years

D-Street puts up best weekly showing in years

Rediff.com   22 Mar 2025

The equity benchmark indices posted their strongest weekly gains in years, driven by bargain hunting and optimism over a reversal in foreign portfolio investor (FPI) outflows. The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350. Over the past five sessions, both indices advanced around 4.3 per cent - marking the Sensex's best weekly performance since July 22, 2022, and the Nifty 50's strongest rally since February 5, 2021.

The Magnificent 7: FPIs' Wild Ride In Selloff

The Magnificent 7: FPIs' Wild Ride In Selloff

Rediff.com   20 Mar 2025

Since October, FPIs have offloaded Indian equities worth Rs 2.1 trillion.

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

Rediff.com   15 Mar 2025

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels.

'Scale Of Wealth Destruction Is Sudden And Sweeping'

'Scale Of Wealth Destruction Is Sudden And Sweeping'

Rediff.com   12 Mar 2025

618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.