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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.
The company defended its trading activity as "basic index arbitrage", rejecting Sebi's characterisation of its strategy as manipulative
Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21
On Monday, futures and options (F&O) turnover on the NSE was Rs 91.4 trillion, a 26 per cent drop from the average of the previous 12 Mondays
Sebi aims to stay proactive as firms expand in India
Investor herd came charging back - AUM climbed 7% in Q1
Shares of Nuvama Wealth Management, majority-owned by private equity (PE) firm PAG, fell over 10 per cent on Friday
Regulator finds Jane Street manipulated Bank Nifty to profit in options trade and directs disgorgement of ₹4,844 crore while imposing a ban until illegal gains are recovered
This rise came despite a 16 per cent drop in funds raised, with domestic ECM totalling $25.7 billion compared to a record $30.8 billion in H1 2024
HDB Financial Services gains over 13 per cent on market debut with Rs 69,704 crore valuation after strong IPO demand, though RBI's stake cap proposal could weigh on outlook
Cautious optimism builds as investors bet on a delay or deal
The first half of calendar 2025, saw 24 IPOs on the mainboard. The cumulative amount raised by these companies stood at ₹45,375 crore, translating into an average IPO size of ₹1,890 crore
Market performance was initially hampered by US trade tensions, escalating geopolitical risks, and an uncertain global growth outlook, with the Nifty 50 dropping as much as 8 per cent by April
Broader markets represented by small and midcap stocks are trading at even higher valuations or close to two standard deviations over long-term averages, Shah said
June rally runs on a limp: Headline gains mask a brittle advance, with more stocks falling than rising
At the start of June, India's domestic markets were just 3 million dematerialised (demat) accounts short of the 200 million milestone
HDB Financial's ₹12,500 crore IPO sees overwhelming interest from institutional investors, though modest grey market premium kept retail demand relatively low
Analysts estimate Rs 16,000 crore in trade from the rebalancing as InterGlobe, HDFC Bank and others gain while M&M and Tech Mahindra face passive outflows
Aditya Birla Lifestyle Brands latest to list; more on the anvil
The Nifty 50 index broke new ground, closing "decisively" above the 25,000 mark for the first time since September 2024
The IPO, which opens on June 25 and closes on June 27, has kept a price band of ₹700-740 per share