Samie Modak
 "Samie Modak")
Samie Modak
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.
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Alipay Singapore Holding to sell 3.44% stake in Zomato on Wednesday
Alipay's sister concern Antfin Singapore Holding held another 6.39 per cent stake in Zomato at the end of the September 2023 quarter
 "Alipay Singapore Holding to sell 3.44% stake in Zomato on Wednesday")
Global PE firms cashout by offloading stakes in Indian cos amid market boom
Domestic liquidity backing helps underpin PE exits worth $2.5 bn
 "Global PE firms cashout by offloading stakes in Indian cos amid market boom")
NSE likely to defer the internal deadline for trading hour extension
Bourse was eyeing a March rollout
 "NSE likely to defer the internal deadline for trading hour extension")
Adani Group stocks soar as US dubs Hindenburg allegations irrelevant
Value of GQG's investment up 75% to $7.5 bn
 "Adani Group stocks soar as US dubs Hindenburg allegations irrelevant")
Key overhang removed, focus to shift on earnings, liquidity: Brokerages
Results give message of political continuity and 'augur well' for macroeconomics, say brokerages
 "Key overhang removed, focus to shift on earnings, liquidity: Brokerages")
Next year will be equally robust for IPOs: IIFL Securities' Nipun Goel
Goel says that the increased focus on profitability and reasonable pricing underpins demand for IPOs
 "Next year will be equally robust for IPOs: IIFL Securities' Nipun Goel")
November sees second-best ADR performance in 2023 after April, shows data
Analysts credit outsized gains in key index components for turning the tide
 "November sees second-best ADR performance in 2023 after April, shows data")
Street Signs: Smallcap posts double-digit gains, TCS buyback blues and more
The assets under management of active smallcap schemes experienced a slight decline, even as smallcap indices registered double-digit gains in November
 "Street Signs: Smallcap posts double-digit gains, TCS buyback blues and more")
Nifty50 scales fresh peak on GDP boost; Sensex ends 493 points higher
Benchmark indices log the best week in 5 months
 "Nifty50 scales fresh peak on GDP boost; Sensex ends 493 points higher")
Flair Writing Industries' impressive debut marks end of busy listing week
However, newly listed shares come off highs as caution sets in
 "Flair Writing Industries' impressive debut marks end of busy listing week")
Tata Technologies shares soar 2.7 times on blockbuster market debut
The global ER&D player registers best listing-day performance for an IPO of over Rs 500 crore
 "Tata Technologies shares soar 2.7 times on blockbuster market debut")
India moves to elite club of nations as mcap tops $4 trn for first time
Stocks outside the top 100 universe have made a significant contribution to the mcap growth this year
 "India moves to elite club of nations as mcap tops $4 trn for first time")
RIL, ICICI, Infy to draw highest flows on US retirement fund switch
The flows in these four companies will range between Rs 1,200 crore and Rs 2,000 crore
 "RIL, ICICI, Infy to draw highest flows on US retirement fund switch")
Indian markets hit historic $4 trn market cap milestone for the first time
With a market cap of almost $48 trillion US is by-far the world's largest equity market. Followed by China ($9.7 trillion) and Japan ($6 trillion)
 "Indian markets hit historic $4 trn market cap milestone for the first time")
Tata Sons likely to mop up Rs 12,284 crore from TCS share buyback
Rs 17K cr offer at Rs 4,150 per share to open on Dec 1
 "Tata Sons likely to mop up Rs 12,284 crore from TCS share buyback")
Jefferies initiates coverage on BSE with a 'buy' call, 24% upside
Stock already up 4x in 6 months
US pension fund's index switch: Indian equity mkts set for $3.6 bn bonanza
Changing benchmark will trigger $3.6 bn inflows into domestic equities
Street signs: Power of retail money, Tata Tech awaits global index entry
The benchmark S&P BSE Sensex and the National Stock Exchange Nifty have logged a fourth straight week of gains
 "Street signs: Power of retail money, Tata Tech awaits global index entry")
India emerges as the least sensitive to a slowdown in China, shows data
Charts a distinct course in the face of global headwinds, while others tethered to China's gusts
 "India emerges as the least sensitive to a slowdown in China, shows data")
Tata Technologies IPO becomes the new buzzword of Street, investors
IPO garnered bids worth Rs 1.56 trillion
 "Tata Technologies IPO becomes the new buzzword of Street, investors")
