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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.
As inflationary pressures unbind, corporate earnings growth will draw level, says Vinit Sambre, head-equities, DSP Investment Managers
Market players seek clarity from exchanges on the exclusion rule
Asked to re-verify clients and check order locations, following reports of tax evasion
Set to approach Sebi, finance ministry for clarification
'The wealth management market in India is becoming highly competitive with digital disruption and increasing need for personalised client engagement'
Sharp correction seen in June makes investors risk-averse
Shares of NMDC (formerly National Mineral Development Corporation) rallied over 4 per cent on Friday, even as the stock got removed from the Nifty CPSE index
Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations
33 out of the 50 companies have been part of the index since 2012
Future Group owes its 26 lenders over Rs 15,000 crore
Fidelity Investment Trust Fidelity Series Emerging Markets Fund bought 54.4 mn shares worth Rs 274 cr and ICICI Prudential Life Insurance bought another Rs 226 crore, showed block deal data
National Stock Exchange (NSE) notified that the trade confirmation cut-off for custodians has been revised from 7.30 pm on trade (T) day to 7.30 am the following day of trade (T+1)
Share sale could fetch as much as Rs 3,300 cr
Interestingly, returns have been negative in July only once in nine years
The consensus earnings estimate for Nifty companies for the ongoing (FY23) and next financial (FY24) have seen minor downward revisions
The EPFR fund-flow data primarily tracks mutual funds, ETFs, closed-end funds, variable annuity funds, and insurance-linked funds
Powell cannot afford to take his eyes off the prize - to get inflation down
Since 2014, FPI ownership in top-75 companies has declined by 232 basis points to 24.8 per cent
Asserts it won't leave India despite regulatory actions
HDFC Top 100 will be handled by Rahul Baijal, who joined the fund house recently from Sundaram Mutual Fund, where he served for over six years