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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.
IndiaFirst Life insurance entered the insurance industry in 2009 as the 23rd private sector life insurance company
This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April
The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal
Currently, retail open interest in index futures is about 153,000 contracts. In stock futures, however, about 1.11 million contracts - near historic peak levels
BSE has proposed that a stock must have a derivative contract to be eligible for inclusion in the flagship 30-share Sensex index
Poor Nifty debut week for Adani Ent Shares of Adani Enterprises are down nearly 6 per cent since September 30, the day it got added to the Nifty50 index
The US is still the biggest contributor to global m-cap at 44 per cent, followed by China at 10.2 per cent
Orders it to wind down operations in six months
Market observers say brokerages have become less aggressive chasing clients, given the high cost of acquisitions and growing inactivity among retail investors
India's 12-month forward price-to-earnings (P/E) multiple is nearly double the EM pack's
Buch said several decisions taken by the Sebi board were aimed at liberalisation and promoting market development
With the rupee weakening against the US dollar, a more hawkish pivot by RBI is expected
Under the new mechanism, non-banking finance companies (NBFCs) are providing up to Rs 8 lakh on a margin amount of Rs 2 lakh for a flat fee of Rs 2,000, said industry sources.
Indian indices better off in 2022, down less than 2 per cent
The Nifty Smallcap 100 Index is currently down 15 per cent YTD
The Sebi has embarked upon an ambitious plan to implement an IPO-like payment system for secondary market trading
Sebi has attracted some criticism following a meltdown in shares of new-age companies such as Zomato, Paytm and Policy Bazaar
Current threshold of 25% too high for certain categories of investors, fears the regulator
Nilesh Dhedhi, head of structured credit, Avendus Finance explains the nuts and bolts of these investment vehicles which are aimed at sophisticated investors
In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain