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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.
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.
Among the top 10 nations in terms of market value, Saudi Arabia has the largest concentration, with top five companies accounting for over 80 per cent of its market value
A slide in shares of Indraprastha Gas and Petronet LNG could increase the risk of their expulsion from the MSCI index
Nine index components have dragged the index lower by over 1,600 points since September 2021 and nearly half the components have underperformed
Further, these issuances will only be interest or dividend-bearing instruments with a simple structure
The deal pipeline across products is robust for 2024. Banks are actively working on several IPOs, with plans to file them in the next three months, says Balakrishnan
The stock performance of restaurant aggregator and food delivery platform Zomato could improve following the removal of the share sale overhang
Total 11.8% equity stakes changed hands in block deals
Shares of TCS last closed at Rs 3,617, up 0.4 per cent
Domestic liquidity backing helps underpin PE exits worth $2.5 bn
Also, a sharp U-turn in market secondary sentiment also helped draw new investors, said broking industry players
Bourse was eyeing a March rollout
Value of GQG's investment up 75% to $7.5 bn
Results give message of political continuity and 'augur well' for macroeconomics, say brokerages
Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs
Analysts credit outsized gains in key index components for turning the tide
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
Benchmark indices log the best week in 5 months
However, newly listed shares come off highs as caution sets in
The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore
Stocks outside the top 100 universe have made a significant contribution to the mcap growth this year