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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.
With 12% surge in VIX over the week, traders bracing for volatility
As of Friday, the FPO was subscribed 58 per cent. The price band is Rs 71-77 per share. ITI's stock last closed at Rs 85.6 on the NSE
Tribunal pulls up Sebi for passing contradicting orders
Issue closes Tuesday; promoters confident of amassing full subscription
Despite the economic slowdown, BNP Paribas, Morgan Stanley, Nomura and Credit Suisse are optimistic
The latest outperformance in the broader market comes after two years of sharp underperformance vis-a-vis large-caps
BNP Paribas has set a target of 44,500 for the S&P BSE Sensex, a bellwether index
Market players say access to equity capital will give companies the confidence to chalk expansion plans to benefit from an upturn in the economy
The HNI segment had seen oversubscription to the tune of 486 times
While the GDP data is released with a two-month lag, markets always try to factor in future expectations
The market was largely unperturbed by the GDP shocker, almost sitting pretty around its new highs
The company could soon break into the top 5 most-valued oil & gas stocks
Regulatory sources say their prime objective is to ensure that innocent clients whose funds and securities are stuck with the brokerage are returned safely
The fund house said Adilink's failure to repay was on account of "extension of originally anticipated timelines for the monetisation of road assets"
A year ago, the PE firm had acquired Karvy group's stake for around Rs 1,000 crore
Regulator says looking to tighten related-party transaction norms
The sources said UTI MF will hold a meeting of the stakeholders soon to finalise the structure of the issue
The regulator will also prescribe a formula for profit sharing
Regulations on rights issue, portfolio managers revamped
The MSCI EM index has gained as much as 9 per cent since October 1, only to give up some of its gains over the past few sessions