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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.
Zerodha remains the most profitable brokerage, clocked net profit of Rs 2,907 cr in FY23
Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio
Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio
Share of buybacks in reward kitty drops to lowest in seven years
With less than four months left for the review period to complete for the March rebalancing of the National Stock Exchange (NSE) Nifty indices
These transactions encompass initial public offerings (IPOs), block deals, and qualified institutional placements (QIPs)
Ample room for FPI investment, fundamental headwinds drive premiums down
The recently concluded Rs 10,000 crore buyback of engineering and construction behemoth Larsen & Toubro (L&T) proved to be a missed opportunity for retail investors
Rally in small and midcap funds leads to a spurt in activity
The Nifty Midcap 100 index has rallied 27 per cent, while the Nifty Smallcap 100 index has rallied 30 per cent
Valuations are expensive but will likely remain so, says the brokerage
The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions
Groww set to become number one in active investors, but Zerodha remains most profitable
The index most recently closed at 19,674, a level deemed crucial by technical analysts
Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments
On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December
Markets activity will be robust but be careful around large events, says the head of Investment Banking and Institutional Equity at ICICI Securities
Shares of RR Kabel were trading at a premium of 25-30 per cent in the grey market ahead of its initial public offering, which is set to open on September 13
HDFC Bank shares have already outperformed the market over the past three trading sessions, with a 3 per cent increase
An equivalent number of stocks will experience downgrades, moving from large-cap to mid-cap and from mid-cap to small-cap