Samie Modak

Samie Modak

Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a team of reporters that turns complex market data into captivating stories. Off the clock, he's a tech geek, always up to date with the latest in gadgets, mobiles, and motorbikes. A sports enthusiast, he avidly follows cricket and tennis. With his blend of market expertise, tech passion, and sports fandom, he brings a fresh, engaging perspective to financial journalism.

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Samie Modak

Nomura downgrades India equities to neutral on oil, AI and inflow risks

Brokerage flags risks from elevated oil prices, slowing domestic inflows and India's weak positioning in AI, even as valuations remain stretched versus regional peers

Updated On: 03 Apr 2026 | 11:07 PM IST

ECM fees rise sharply even as investment banking revenues slump in Q1

Equity capital markets underwriting fees rise 39% in Q1 despite weaker deal volumes, while overall investment banking revenues fall amid subdued M&A and debt market activity

Updated On: 03 Apr 2026 | 10:59 PM IST

JioBlackRock CEO Marc Pilgrem to exit, Swapnil Bhaskar to take charge

Marc Pilgrem will step down from JioBlackRock Investment Advisers and return to BlackRock, with Swapnil Bhaskar set to take over as CEO as the venture expands its digital wealth platform

Updated On: 02 Apr 2026 | 10:30 PM IST

MSCI's reclassification of Greece as DM unlikely to impact India

MSCI's decision to upgrade Greece to developed market status by 2027 is expected to have only a marginal impact on India, with limited changes to passive fund allocations

Updated On: 01 Apr 2026 | 10:45 PM IST

Nvidia closes in on India's market capitalisation amid relentless AI boom

As of March 31, Nvidia was valued at $4.24 trillion-just 3 per cent shy of India's total market capitalisation of $4.37 trillion

Updated On: 01 Apr 2026 | 10:41 PM IST

Key resistance near 23,000 caps Nifty gains despite sharp rebound

Nifty 50 rebounded sharply but faced selling near 23,000, with analysts flagging a weak trend, strong resistance levels, and continued volatility in the near term

Updated On: 01 Apr 2026 | 10:36 PM IST

Sensex, Nifty surge as Donald Trump hints at timeline to end Iran war

Benchmarks surrender part of gains, end 1.6% higher; crude oil slips below $100 per barrel

Updated On: 01 Apr 2026 | 10:34 PM IST

Markets in rear view: IPOs mine record riches from a volatile FY26

Activity could moderate in early FY27 amid market volatility

Updated On: 31 Mar 2026 | 11:40 PM IST

Sensex at 2-year low; March selloff worst since Covid amid war fears

FPIs withdraw record ₹1.23 trillion this month

Updated On: 30 Mar 2026 | 11:32 PM IST

Markets log worst year since FY20; oil rise, IT rout deepen losses

Oil price surge, persistent FPI outflows and IT sector slump drag markets to their weakest fiscal performance in six years despite strong domestic inflows

Updated On: 30 Mar 2026 | 10:56 PM IST

India is epicentre of EM outflows amid West Asia conflict, says Elara

Global fund outflows from India match those seen across entire EM basket

Updated On: 29 Mar 2026 | 9:53 PM IST

Changing math: Earnings downgrades likely to overshadow valuation allure

Nifty at 17x may look attractive, but earnings downgrades cloud returns as Goldman Sachs cuts India outlook amid rising macro risks

Updated On: 29 Mar 2026 | 9:49 PM IST

RCB sale likely to fetch rich dividends for United Spirits shareholders

Nomura says United Spirits' plan for the IPL team could unlock a one-time payout for shareholders

Updated On: 26 Mar 2026 | 11:15 PM IST

From 19,900 to 27,500: Nifty's fate tied to oil and geopolitical shifts

Nifty outlook hinges on oil and geopolitics, with Bernstein projecting a wide 19,900-27,500 range depending on conflict trajectory and crude price trends

Updated On: 26 Mar 2026 | 11:10 PM IST

Realty, IT, FMCG in bear grip as key sectoral indices slide sharply

Realty, IT and FMCG stocks drag markets deeper as several sectoral indices enter bear territory, even as pharma, metal and infra show relative resilience

Updated On: 23 Mar 2026 | 11:28 PM IST

India's market capitalisation erodes $1.3 trillion from peak, shows data

While global mcap has declined 7.3 per cent this month, India's 13.3 per cent drop is the steepest among major markets

Updated On: 23 Mar 2026 | 11:24 PM IST

Liquidity glut to power IPO revival once volatility ebbs: Mahavir Lunawat

Lunawat says the current phase could reset valuations without derailing long-term capital formation

Updated On: 22 Mar 2026 | 11:08 PM IST

IT stocks rebound 2.8% as brokerages downplay AI disruption fears

Nifty IT index snaps six-day losing streak as brokerages cite stable demand, limited pricing pressure and resilient outlook despite concerns over generative AI

Updated On: 19 Mar 2026 | 12:48 AM IST

Demergers unlock value but outcomes hinge on structure, says InGovern

InGovern study shows India Inc demergers have unlocked shareholder value, though outcomes vary widely depending on structure and execution of corporate restructuring

Updated On: 17 Mar 2026 | 10:45 PM IST

NSE may eye ₹6-7 trillion IPO valuation ahead of long-awaited listing

Despite the potential to overtake HMIL's IPO in size, the fees paid to investment bankers are likely to be lower than the record ₹493 crore - about 1.77% of the issue size - in the automaker's listing

Updated On: 16 Mar 2026 | 11:30 PM IST