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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a team of reporters that turns 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 team of reporters that turns 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.
One of the major reasons for the underperformance of EM peers is the underperformance of China, which has the biggest weight in the MSCI EM and MSCI Asia Pac ex-Japan indices
The move follows an increase in free float in these stocks due to selling by promoters and large institutions such as Life Insurance Corporation and Softbank Vision Fund
The derivatives market comprises futures and options, with contracts available on index and individual stocks
But Canada-domiciled FPIs' AUC in India rose 1% month-on-month to Rs 1.8 trillion in Sep
Zerodha remains the most profitable brokerage, clocked net profit of Rs 2,907 cr in FY23
Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio
Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio
Share of buybacks in reward kitty drops to lowest in seven years
With less than four months left for the review period to complete for the March rebalancing of the National Stock Exchange (NSE) Nifty indices
These transactions encompass initial public offerings (IPOs), block deals, and qualified institutional placements (QIPs)
Ample room for FPI investment, fundamental headwinds drive premiums down
The recently concluded Rs 10,000 crore buyback of engineering and construction behemoth Larsen & Toubro (L&T) proved to be a missed opportunity for retail investors
Rally in small and midcap funds leads to a spurt in activity
The Nifty Midcap 100 index has rallied 27 per cent, while the Nifty Smallcap 100 index has rallied 30 per cent
Valuations are expensive but will likely remain so, says the brokerage
The company is aiming to double its bottomline in three years underpinned by the growing number of wealthy Indians and their demand for investment solutions
Groww set to become number one in active investors, but Zerodha remains most profitable
The index most recently closed at 19,674, a level deemed crucial by technical analysts
Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments
On Tuesday, the NSE Midcap 100 and Nifty Smallcap 100 logged their biggest declines since December