)
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.
Last week, the finance ministry hauled up the market regulator, seeking immediate action to curb the free fall in the market, sources said
Fears that the spread of COVID-19 would push the global economy into recession have led to extreme risk aversion among investors
Reliance Industries, HDFC Bank, and ICICI Bank have been the biggest drag on the index performance, given their high weightage
The co-founder and vice-chairman of trading company First Global says the scale of economic disruption will impact all
Currently, about 43 companies in the top 500 are yet to appoint women independent directors
To pick up 49% stake in bank for Rs 2,650 cr; administrator says working to revive bank well before moratorium period ends
The current mechanism involves registration with different ESPs and maintenance of multiple user IDs and passwords by shareholders
Last month, Sebi had directed the bourse to divest its entire stake in the registrar and transfer agent (RTA) within a year
At the top-end, the stock is valued at 46x its earnings for the first nine months of 2019-20.
Factory activity in China, the global engine of growth, has contracted at the fastest pace on record
The Indian markets have lost nearly $180 billion in market value
The grey market premium for SBI Cards and Payment Services has seen some moderation following a 7 per cent crash in the stock markets last week
The SBI Cards IPO will be a test for investor appetite, which has been battered by the coronavirus outbreak.
Business Standard evaluates various scenarios around spread of Covid-19 and its impact on the market
The velocity of the fall in stocks has been sharp across markets in Asia, Europe, and America
Morgan Stanley has lowered the year-end price target for the MSCI EM index from 1,150 to 1,100
Investors on Monday were caught off-guard by the sharp selloff in stocks amid an increase in COVID-19 cases in countries, such as South Korea, Italy, and Iran
Market players say while the earnings report card of the broader universe for the last quarter was disappointing, investors are trying to factor in a revival in earnings.
Brokers say many wanting get to their hands on the country's second-largest credit card company have bought shares of parent State Bank of India (SBI) from the secondary market in recent weeks.
ONGC has always traded at a discount to its global peers, it has widened to record levels in recent months