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Samie Modak is a market hawk with nearly two decades of experience. At Business Standard, he leads a dynamic team of reporters, turning 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 dynamic team of reporters, turning 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 number of asset management companies (AMCs) - managing at least some AUM - have declined from 45 to 42
The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality
In a Q&A, he says the 42% surge in the comppany's shares over the FPO puts additional responsibility on it to perform
Domestic equities have held their ground, with the Sensex up nearly 13% from 2022 lows of 52,843 on March 7 even after the last three days of correction
There is a risk index trackers may have to sell HDFC, which is part of global indices currently
The number of buybacks dropped from seven in FY21 to just one in FY22.
Brokerages are advising their retail clients to buy shares of Gail to take advantage of the arbitrage opportunity.
The move, directed by Sebi, is to ensure "undivided attention" for proper execution of the new norms
In 2019, India's score improved from 'below average' to 'average', thanks to investor-friendly regulations introduced by the Securities and Exchange Board of India
Small investor portion gets 4.7x subscription; company looks to raise Rs 130 crore in fresh capital
General Atlantic and billionaire Prem Watsa's company will divest their holdings.
The number of bids withdrawn in the other categories were relatively muted
Initial public offerings (IPO) launched after April 1 shall provide a sub-quota within the high net-worth individual (HNI) quota for those investing between Rs 2 lakh and Rs 10 lakh.
Regulator, however, refuses to accept India Inc's demand of deferring implementation of new norms
Close to a million retail investors in TCS tender shares in the just-concluded buyback programme
Ruchi Soya Industries has filed a first information report in Haridwar to investigate the origin of the messages doing the rounds on social media
Circulation of unsolicited SMSes advertising the issue violates regulations, says the market regulator; Sebi orders a 3-day window for all investors (ex-anchor Investors) to withdraw applications
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
The brokerage said the options data suggests that the Nifty has strong support around 17,000 and then 16,800, which can act as a stop-loss for those initiating long positions
Pricing formula to discover open offer price may be eased