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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a dynamic team of reporters, turning 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 dynamic team of reporters, turning 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.
The National Stock Exchange Nifty50 gained 126 points, or 0.7 per cent, to close at 18,817
A turnaround in foreign flows has helped domestic markets exceed the all-time highs chalked up in December 2022 and rebound more than 10 per cent from this year's lows
Off the back of superior economic growth, EMs and the Indian capital market are expected to grow in stature over the decades to come
The US-based investment bank said the growth in EMs will continue to outpace that in the developed market, with 7 of the top 10 world economies becoming EMs by 2075
Reclassification from 'emerging' to 'developed market' will not just help Korea but India too
The US-based brokerage doesn't have any price target, given the uncertainty surrounding the merger and pressure on revenue growth due to slower ad spending
Goenka and Chandra have denied the charges and moved the Securities and Appellate Tribunal (SAT), asking it to stay the order where the matter is pending
Market participants say there is a visible change in the momentum of reforms. Some even say they are finding it difficult to keep pace with the changes
Gift Nifty will provide Indian investors cues on how domestic markets could react to global events
While no new stocks are getting added or removed from these indices, the churn is due to adjustments to the weights of existing components
Under the REIT structure, ITC can move one or more of its hotel properties into a trust structure and list it separately
Capital goods, FMCG and auto gain the most since December 1
With the needle shifting to small-and mid-cap space, here are some stocks on fund managers' radar
Backing the right pack can help in alpha generation, as the two often move contrarily
The benchmark indices registered declines in the previous two trading sessions, which could be a bearish sign, observe analysts
At present, HDFC Life trades at 15.3x its projected VNB for FY25, while ICICI Pru and SBI Life trade at 8.1 times and 9.5 times, respectively
Pune-based Bajaj Finserv MF is set to launch products across equity, debt and hybrid categories this month
FY24 earnings growth to be led by BFSI, oil and gas, metal, and automotive
Removal of non-F&O stocks could lead to addition/subtraction of 11 stocks, triggering a Rs 5,000-crore churn
Rs 4,160-cr OFS sees bids worth Rs 6,500 cr, stock falls