)
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.
"Even after a 7 per cent correction from the top, India is still not cheap," said Kotak Institutional Equities' Pratik Gupta.
In the past year, these eastern states, along with Bihar, Madhya Pradesh and Odisha, have seen their investor count double
With IPO deals drying on the mainboard, high net-worth individuals (HNIs) and savvy investors have shifted their focus on small and medium enterprises (SME) at bourses.
The changes will take effect on Monday.
Rebalancing can fetch $230-billion inflows into world stocks this month
Selling accelerated after Russia attacked Ukraine in February and caused a spike in global commodity prices
The benchmark Nifty bounced sharply from its low of 15,748 last week to close at 16,630
LIC, Delhivery, PharmEasy among deals to be keenly followed by the market
Germany, once among the top five markets, has now slipped to tenth
Limaye joined NSE in July 2017 after a long stint at IDFC, an institution set up to boost infrastructure development by channelling private sector investments
LIC's IPO is one of the fastest to get Sebi approval; the insurer had filed its DRHP on February 12.
Despite the upheaval, the NSE managed to clock a strong financial performance and cement its leadership position under Limaye's leadership
To prevent market abuse, NSE said it has deployed artificial intelligence (AI) tools that identify manipulative practices such as layering and reversal of transactions
The index closed at 16,245 on Friday, down 11 per cent over its 2022 peak of 18,308
Current MD and CEO Vikram Limaye's five-year tenure ends this July, and he is eligible for another five-year term
IIFL expects India's weightage in the MSCI EM index to increase by 30-35 basis points (bps) on account of Russia's removal. Edelweiss expects an increase of about 15-20 bps.
Recently, FM told a leading financial daily that govt was looking for an answer as to whether Sebi had taken adequate steps in the NSE colocation matter
The controversies surrounding the NSE are over six years old but refuse to die down
Analysts predict between $600 mn-$2.4 bn of inflows into domestic stocks
According to industry watchers, Puri Buch has a consultative approach when it comes to policymaking