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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.
SUUTI's exit removes overhang on stock, say experts
Selling pressure from pre-IPO investors feared in four start-ups this month
Not just the demat account tally fell in October, trading activity too softened
The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall
Indian, EU authorities trying to resolve the issue: Officials
The average daily trading volume (ADTV) for the National Stock Exchange's equity cash segment has declined sequentially in seven of the 11 years
Last week, the benchmark Nifty and Sensex came close to topping their lifetime highs made in October 2021. Domestic brokerage ICICIdirect expects the Nifty to not just surpass its previous highs
RBI stand on Clearing Corp audit rights behind decision
Foreign investors may switch to custodians backed by American banks for India exposure
Besides valuation differential, the Indian market is considered to be one of the key markets for most of these MNCs
Move on account of lack of cooperation arrangements between the EU regulator and Indian authorities
Country attractive for global investment because of 'visibility for high growth', says head of Institutional Equities, Investec India.
Bain Capital sold nearly 16.7 million shares, equalling a 0.5 per cent stake in private sector lender Axis Bank
This week, four companies are looking to raise more than Rs 4,100 crore via IPOs
Rising Sebi scrutiny, poor investor response during roadshows seen as reasons for withdrawal by companies
The last time four IPOs had hit market was in Dec 2021; latest rush notwithstanding, year 2022 has been lukewarm for IPOs with sustained FPI outflows, spike in volatility, correction in broader mkts
Sebi raises concern over low public float in the lender
If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter