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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.
All three offer for sale (OFS) were launched by promoters to comply with the 25 per cent minimum public shareholding norms
Pre-listing holding period reduced from 2 years to 1 year; open offer trigger relaxed from 26%to 49%
The latest bout of correction, triggered by rising US bond yields and a surge in Covid cases, has shaved off Rs 11.5 trillion in market value
There will be run up in stock when government disinvests its stake, says investor.
Poor showing by Anupam Rasayan and Easy Trip hurts grey market premia of those in queue
Sensex and Nifty doubled in less than 11 months, touching record highs, while several stocks jumped manifold
India, as well as the global markets, rebounded sharply from Covid-19 lows logged on March 23, 2020
Regulator issues new guidelines for switching to backup sites
At a fund house level, more than 10 per cent of assets can be invested in perpetual bonds of a single issuer
Six issues closed this week; Barbeque Nation could hit the market next
Market players said the buying could have been triggered by the FTSE rebalancing
Its proposed 'dual approval' system gives more powers to minority shareholders, without whose majority consent it will not be possible for companies to appoint or remove IDs
The Nifty index gained as much as 9 per cent after the Budget and the Bank Nifty rallied 20 per cent, before giving up the bulk of the gains last week
In 2012, India had seen foreign portfolio investor (FPI) flows of Rs 1.3 trillion ($24.5 billion) and in 2013 about Rs 1.1 trillion ($20 billion)
Currently, Indian markets have the concept of qualified institutional buyers (QIBs), which include mutual funds, insurance companies or foreign portfolio investors
In Jan, Sebi floated a discussion paper proposing to ease ownership norms for new exchanges
The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds
Often the causes are software glitches, hardware failures and internet connectivity problems
Trading was halted at 11:40 am. Stock and index prices had stopped updating from 10:08 am, said market participants
The move is a fallout of oil prices slipping into negative territory in the futures market last year