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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.
Markets activity will be robust but be careful around large events, says the head of Investment Banking and Institutional Equity at ICICI Securities
Shares of RR Kabel were trading at a premium of 25-30 per cent in the grey market ahead of its initial public offering, which is set to open on September 13
HDFC Bank shares have already outperformed the market over the past three trading sessions, with a 3 per cent increase
An equivalent number of stocks will experience downgrades, moving from large-cap to mid-cap and from mid-cap to small-cap
Their investment manager says EIFF, and EMRF both fully compliant broad-based funds
The surge in activity comes even as the benchmark Nifty50 has come off by over 3 per cent from its highs on July 20
Not enough takers for plans to extend schemes for associate firms, subsidiaries
Analysts also do not rule out a range-bound movement and consolidation around current levels until a definitive breakthrough occurs on either side
Stock sheds Rs 16,000 cr in market value in two days
Domestic brokerage says US yields, nearing a 16-year high, are at the upper range, as inflation is moderating
CHOP & CHANGE: Potential Rs 2,100 crore one-way churn on stock performance of 10 companies
SES has urged the market regulator Securities and Exchange Board of India (Sebi) to probe the affairs at EKI
The average stock price gain for these companies was nearly 30 per cent during the quarter, compared to a 13 per cent gain in the Nifty 500
The stake was purchased from Adani group promoter entities Worldwide Emerging Market Holding and Afro Asia Trade and Investments
Typically, holdocs trade at a discount of 40-70% to their intrinsic value due to multiple factors such as dividend taxation, complex structures and lack of control
Players in ecosystem will have to work overtime to ensure success
Promoters offload 24% equity amid shareholding dispute
F&O volumes log new highs, increase by 2.8 times over a year earlier
In June 2020, Singh retired as the realty firm's chairman after nearly six decades
Investment bankers said smaller issues are a relatively easy pitch for investors