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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.
According to the current rule around impact cost, a stock's median quarter-sigma order size over the past six months cannot be not less than Rs 25 lakh
Canadian billionaire Prem Watsa's firm holds over 10% stake in two AMCs
The latest reading is well below this year's average of 20.7. Moreover, Monday's 8.8 per cent advance is only the 10th largest seen this year
Brokerage has revised the mark upwards for the second time this month
The appointment is for three years for a position vacant since November 2021
The Nifty earnings per share (EPS) is estimated to grow 9 per cent year-on-year to Rs 785 in FY23, against an earlier expectation of 13 per cent growth to Rs 820
Defence stocks, such as Bharat Electronics, Mazagon Dock Shipbuilders, and Cochin Shipyard, logged strong gains last week amid buying interest from wealthy investors
Ananth Narayan has been appointed for an initial period of three years
Sebi comes out with circular with changes, also tweaks policy to deal with non-cooperating issuers
Between 2011-12 and FY22, the market value of FPI holdings had increased at an annualised rate of 16.5 per cent in local currency terms and a modest 11.5 per cent in US dollar terms
Shares of new-age companies have dropped more than 60% amid liquidity squeeze.
The domestic broking industry has seen a sharp decline in new account openings in the past two months
The moderation in MF investments comes amid a revival in foreign portfolio investor (FPI) flows
'The key risk for the market at this juncture, especially after this strong comeback, is the resurgence of the known risks of recent times, namely the rebound of inflation and geopolitical tensions'
A sharp surge in the market from this year's lows in June is stoking equity-share sales at listed companies
According to reports, Tata AMC plans to acquire the shares held by four public sector undertakings (PSUs) in the fund house that manages assets worth Rs 2.24 trillion
The share of debt MFs has been consistently sliding after the pandemic, with interest rates headed south and stock markets ascending
Shares of Syrma SGS Technology are changing hands in the grey market at a premium of just 4-5 per cent, say people in the know
With unwavering faith in India story, the passionate investor inspired many to enter the equity markets
Meanwhile, SES has an issue with Sharma holding the position of chairman as well as MD and his "excessive" remuneration