)
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 issue generated bids for 11.7 billion shares, worth Rs 70,000 crore, as against only 75 million on offer, making it one of the most-subscribed IPOs ever
While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date
Several brokerages are advising their retail clients to buy shares of TCS to benefit from the arbitrage opportunity created by its Rs 16,000-crore share repurchase programme
Currently, a company with post-listing market capitalisation of Rs 4,000 crore, needs to offer at least 10 per cent stake to public shareholders
According to Bloomberg data, about 86 per cent of the Nifty components are currently trading above their 200-day moving average (DMA) - a key technical indicator to study long-term trend of a stock
The regulator said the practice of giving an indicative price for the delisting bid can be formalised
Companies will need to make an audio or video recordings for all such meets
Many stocks in this group are grossly undervalued, the fund managers told the Centre
Market regulator Sebi has directed stock exchanges to enhance their investor protection fund (IPF) corpus
In the past decade, the equity-debt mix has largely remained constant, with the former contributing to around 28 per cent of the AUM.
Analysts believe the markets remain in the control of bulls and the Nifty will soon scale the 13,000-mark
Late surge improves return scorecard; Indices see wildest swing in 11 years
Existing investors holding 70 shares can apply for 17 new shares at Rs 140 apiece
On the other hand, PSU stocks and banks have been laggards - with ONGC, Indian Oil, IndusInd Bank, and Coal India delivering the worst returns.
A stronger greenback will reduce the allure of developing-nation assets
In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma
In June, the brokerage had turned bullish on IT citing low P/E
In terms of the amount mobilised, the New York Stock Exchange and Nasdaq occupy the top two positions
Ambani slips four places on global rich list
During the September quarter, the Sensex and the Nifty indices rallied nearly 10 per cent, while the broader markets rallied even more