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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.
Analysts say trend underscores the shift in investor sentiment
Hyundai Motor is exploring an initial public offering (IPO) of its Indian unit to raise around $3 bn (at a valuation of up to $30 bn), according to sources
Activity underpinned by buoyancy in underlying secondary as well as the primary markets
While it is almost certain that UPL will be dislodged by Shriram Finance in the National Stock Exchange Nifty50 Index, the position of Bharat Petroleum Corporation (BPCL) could also be at risk
Meanwhile, the broader markets showed no signs of cooling off despite concerns about frothy valuations
'Two settlement cycles could lead to liquidity fragmentation, deterioration of market quality'
Share prices of Zee nosedived after collapse of its merger agreement with Sony Pictures Networks
Shares of BLS E-Services, an e-governance services enabler, are in high demand in the grey market ahead of its Rs 311 crore initial public offering (IPO)
Meanwhile, Zomato, Coal India, and HDFC Asset Management Company are likely to experience an increase in their weighting due to a rise in their free-float market capitalisation
Currently, The Burman family is the single-largest shareholder in Religare, with a 21.2 percent stake
After the deal with Sony was terminated, nearly half a dozen brokerages downgraded Zee's stock while lowering the earnings multiple assigned to the cash-strapped company
In a note, Elara has said the stock could slip to as low as Rs 130, while Nuvama Institutional Equities believes the stock could slip below Rs 200
The promoter shareholding in Jio Financial Services, a unit spun off from Reliance Industries, has edged higher for a second straight quarter
The cutoff date for calculating the changes to various Nifty indices is January 31. The index provider typically announces the outcome of the rebalancing exercise during the second half of February
The excitement around the Ram Mandir consecration is building up and it's spreading across the country - from housing societies, temples to schools
Analysts scale back earnings growth estimates for the private sector lender
It generated Rs 200 crore in operating cash during the last two quarters ended December 2023
In November, Aster DM had announced its plans to sell its wholly-owned subsidiary Affinity Holdings, which conducts business in the Gulf Cooperation Council (GCC) region, to Alpha GCC for $1 billion
With a mcap of $213 billion, RIL is currently the most-valued Indian firm
Already a prominent player in the Saudi market, this investment will further strengthen its position