)
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.
The benchmark Nifty50 Index during this time frame has jumped as much as 18%
In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain
The gap between Mukesh Ambani and Adani has widened by 40 per cent. Ambani, with $91 billion net worth, is ranked eighth in the world
Regulator in touch with exchanges, set to accept proposals made in discussion paper
However, the latest downgrade by Goldman Sachs has come as a setback for the sector
Is against dictating IPO pricing; calls for greater disclosures and transparency
More retail investors now take the MF route for investing rather than direct investing
For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of ETFs track these two indices
Debt-oriented schemes received net flows of Rs 49,164 crore compared to just Rs 4,930 crore in July
Lifting of embargo on July 1 has seen 37 new offers in July and 26 in August
The sharp spike in commission comes on the back of surge in the equity markets and sustained flows into equity MF schemes
The BSE Sensex has declined merely 2.5 per cent, even as the Dow Jones declined close to 8 per cent.
The selling by domestic institutions comes amid a reversal in FPI flows. In August, FPIs pumped in Rs 65,859 crore into domestic stocks - most since November 2020.
Index inclusion comes after the 'best has played out for the stock' is an overarching concern
Foreign investors pump in Rs 51,000 cr; near-term flows to hinge on rupee, bond movements
Canadian billionaire Prem Watsa's firm holds over 10% stake in two AMCs
Says stock exchange only has jurisdiction over trading members and cannot issue directions to other entities
The latest reading is well below this year's average of 20.7. Moreover, Monday's 8.8 per cent advance is only the 10th largest seen this year
Brokerage has revised the mark upwards for the second time this month
The appointment is for three years for a position vacant since November 2021