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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.
The BSE Sensex fell 124 points, or 0.4%, to close at 30,834.32
Promoter BSE to offer 26% stake to comply with Sebi requirements
Lombard's share price has surged to Rs 550 per share, from Rs 450 a week ago
The BSE Sensex has gained 25.5% since the Narendra Moidi govt took charge in 2014
Overall FPIs' holding in RIL jumped from 15.88% to 20.05% in three months to March
At an annualised returns of 15.2%, equity is arguably the best-performing asset class in 14 years
Net NPAs also declined to 1.28% in March 2017 from 1.64% a year ago
However, valuations of markets look expensive compared to their long-term historical averages
While the flows are important, sentiment is a bigger factor than liquidity, says a report
The 30-day lock-in period on anchor investors of Avenue Supermarts ends on Monday
BS Tobacco Index up nearly six-fold in 10 years versus Sensex's 2.25 times
Sensex trades at 17.2x its one-year forward earnings compared to 12.2x of MSCI EM index
A look at key sequence of events in the NSE unfair access issue
Average one-day movement seen after results of past 3 elections in 6 states shows a fall of 0.02%
Sensex gains 1.71%, FIIs pump in Rs 4,100 crore; Rupee at highest level since November 6, 2015
Says these could, by current trends, pip FIIs' flow in domestic markets
Sensex is at 28,893, just 107 points shy of the year-end target of 29,000 set by the brokerage
$1 bn returns after foreign investors pulled out $10 bn between November and December
Held through SUUTI, stake in tobacco-to-FMCG major comes down to 9.1%
Interview with Aaron Low, principal, Lumen Advisors