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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.
Despite the anticipated India-UK trade deal, Indian equity markets remained subdued, with a broad selloff overshadowing sector-specific optimism
MCX cites repetitive database issue for delaying trading by an hour on Wednesday, assures corrective steps and enhanced monitoring to avoid future disruptions
Two institutional investors launch clean-up trade in real estate companies
Market regulator and public shareholders accuse industrial gases firm of splitting hairs to escape scrutiny over dealings with its arm
But bourses to closely monitor company's future dealings on ongoing basis
LIC bids over Rs 5,000 crore in SBI's Rs 25,000 crore QIP, joined by major MFs and FPIs; fundraise to boost capital adequacy by 60 bps with 3.47% equity dilution
₹14,000 crore raised as firms tap improved valuations, liquidity
Fund managers acquired shares worth ₹10,500 crore in Asian Paints, with SBI MF and ICICI Prudential MF leading the purchase of a nearly 5 per cent stake sold by Reliance Industries
Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable
Urges Sebi to lift certain curbs; may not resume trading soon
State Bank of India (SBI) is set to raise ₹25,000 crore through a qualified institutional placement (QIP) - the largest QIP ever in the domestic market
InGovern Research Services has raised governance issues at Religare Enterprises, focusing on potential conflicts at Care Health Insurance and opacity over Rashmi Saluja's ESOP clawback
Already, the overhaul of the derivatives trading rules - prompted, in part, by the aggressive nature of hft firms like jane street - is beginning to impact market dynamics
The IPO will be entirely an offer for sale, with UK-based Prudential Corporation Holdings Ltd (PCHL) planning to divest a 10 per cent stake
ECM activity has rebounded sharply over the last couple of months, with significant pickup in IPOs and block deals, says Davda
The company defended its trading activity as "basic index arbitrage", rejecting Sebi's characterisation of its strategy as manipulative
Ramamurthy, who assumed his role at BSE in January 2023, spoke about the exchange's plans
These business giants have been part of the index since 1986 due to their resilience and reinvention
How the BSE Sensex has performed amid wars, scams, terrorist attacks and policy changes
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