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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.
MFs also bought shares of Emami, where the promoter divested their holding to reduce the share pledge burden
Poor short-term performance, increase in volatility, and election uncertainty have weighed on equity flows
According to data from stock exchanges and Sebi, domestic funds pulled out around $500 million while FIIs buying in the past few sessions neared $1 billion
The 30-share index rose 404 points, or 1.14 per cent, to end at 35,756, while the Nifty snapped its eight-day losing streak, ending 131 points or 1.24 per cent higher at 10,735
On February 14, the private lender had disclosed that the RAR had not found any divergence in asset classification and provisioning for 2017-18
The share sale took place on the stock exchange platform and SBI Mutual Fund, Premji Invest, Amundi, IDFC and L&T Mutual Fund were among the buyers
The Mumbai outlet has added a few Indian dishes to its menu. But Munidasa says people eventually stick to the restaurant's signature offerings
Reliance Group accuses L&T Finance and Edelweiss of illegal, motivated actions; the two firms refute charges
Sebi said a stock will be moved to physical settlement from the new expiry cycle if any of the conditions are met.
The company's shares fell as much as 30%, the most in 26 years, before ending 18% lower at Rs 150.
The Sensex, after gaining as much as 197 points, ended four points lower at 36,971. The Nifty, however, rose for a fifth consecutive session to close at a fresh fourth-month high of 11,069
If not for inflows from emerging market funds, the net FII selling could have been higher
Lenders ink formal agreement giving them greater control over developments at Zee
Hopes to obtain pending regulatory approvals from Sebi & Registrar of Companies, to tap the market soon
American central bank's move comes amid slowing global growth; leads to buying across European, Asian equities
China is the world's second-largest market, after the US, in terms of market capitalisation
Company reaches agreement with lenders to not invoke pledged shares; lenders offer 3 months to Zee Entertainment to find strategic partner
MFs have high exposure on debt side; Nearly Rs 50,000 cr public money at stake
Linde India was the first company that tried to delist under the new guidelines introduced by market regulator.
Britannia's average free-float market cap for last six months is over 1.5 times higher than both HPCL and Bharti Infratel