)
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.
Nearly Rs 1,300 crore worth of shares changed hands in the counter - six times more than its six-month average
ICICI Securities client growth moderated to 27.7 per cent to 450,000, while active customers rose only 5.3 per cent QoQ to 3.2 million
In an interview with Samie Modak, the storied CIO of HDFC Asset Management Company, Prashant Jain, explains the rationale behind quitting now and his future plans
This may pave way for the stock's re-entry into FTSE All-World index
Jain's legacy has helped his investors generate outsized returns over a long-term horizon
Coverage may improve as more funds start chasing the stock, say market experts
The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn
The payment was made under settlement rules, which allow an alleged wrongdoer to settle a matter without admitting or denying the guilt
The intensity of selling is the highest-ever the Indian market has witnessed as FPI selling this year has neared $30 billion (Rs 2.3 trillion)
Valuations have definitely come off over the past three quarters, said Janakiraman
The NSE will now have to obtain shareholders' nod before Chauhan can take charge
Fin Nifty ADTV is still a fraction of the flagship Nifty and Bank Nifty indices, which have clocked an ADTV of Rs 40,000 crore this year
Indian start-ups are also having a much larger impact in India than in the global context
FPIs' stake down over 400 bps in both, move paves way for global index inclusion of merged unit
The launch, which was to bring SGX Nifty trading at Gift City IFSC, was due to get operationalised on Friday by Prime Minister Narendra Modi
The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.
Experts say the resumption of NFOs will help support inflows into equity schemes, which are key to offset selling by foreign funds
Before a company hits the primary market, it will have to find anchor investors. So who are anchor investors and why are they so important in IPO's image building? Let us find out
FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps
Nifty has not gained for more than three weeks in a row since mid-January 2022