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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 Indian rupee also strengthened, rising from a low of 88 in February to below 84 this month
Trent and Bharat Electronics (BEL) are likely to be added, while IndusInd Bank and Nestle India may be dropped from the 30-stock index, said an analyst
Bordering on peace tested: Past shots fired, but this bullet strikes closer to home
Only four of the 17 sectoral indices compiled by the NSE ended with gains. The major losers were Nifty Financials, Nifty FMCG, and Nifty IT
The rupee fell 1.03 per cent, bond yields rose 6 bps and equities declined as India retaliated to missile attacks by targeting Pakistani air defence systems
Value of DII holdings reaches Rs 71.76 trn, 2 per cent higher than their foreign counterparts
'Issuers and investors recognise the need for balanced pricing rather than short-term gains,' says managing director and head of India Financing Group at Goldman Sachs
US markets held steady from September to February
The Nifty 50 index largely comprises of top 50 companies in terms of free float market capitalisation
The rupee extended its recovery from February's record low of 87.95 a dollar, rising 2 per cent in March and 1.16 per cent in April
Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate
The Gensol saga is the latest in a list of corporate cases where promoters redirected funds at will and whim. It's yet another wakeup call
On Monday, ICICI Bank also hit a milestone, with its market value surpassing ₹10 trillion for the first time
The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades
Over the past one week, India has emerged as the top-performing major market globally
Most expensive EM relative to long-term and trough valuations
Hyundai Motor India and Waaree Energies are among the stocks likely to come into focus this week as their lock-up periods expire
Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors
Pandey highlighted Sebi's efforts to engage with foreign portfolio investors and market participants to streamline compliance
Independent directors, boards, auditors must step up to rein in greed: Pandey