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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.
China rate cut helps improve sentiment
Meanwhile, IT stocks dominated the worst-performing list, with Tech Mahindra and Wipro dropping nearly 20 per cent apiece
Sensex drops to lowest level since July; FPIs sell shares worth Rs 4,900 cr
Firms did better in environmental (E) parameter compared with social and governance (G), says Crisil Research
HDFC AMC, Godrej Properties to migrate lower; move part of Amfi's half-yearly stock reclassification
The worst was that of chip manufacturer ASR Microelectronics, whose shares had slumped 34% in Shanghai during their trading debut in January following its $1.1 billion IPO
The insurance behemoth's shares hit an intra-day low of Rs 860 and a high of Rs 920, not coming closer to the issue price but providing small investors an opportunity to exit with nominal gains.
According to LIC's final offer document, the company shelled out just Rs 11.8 cr as payment to book running lead managers, or 9.9% of total issue expenses
Most large floats by the government have failed to create long-term wealth for investors
Investor sentiment was seen improving after China, the world's second-largest economy, relaxed lockdowns in Shanghai and reaffirmed support for internet companies
Experts said the advisory committee will help smoothen the implementation of key policies
An analysis by Edelweiss Alternative Research shows fund managers invested large sums in blue-chip stocks, such as Reliance Industries, Infosys, ICICI Bank, and SBI Cards, in April
This week, three initial public offerings (IPOs) hit the market
India's market ranking has once again slipped to seventh position as a variety of crises bother investors
Nifty down 7.6% in May; over Rs 26-trillion market cap eroded
'Vikram Limaye recused himself from the very beginning,' tweets the exchange
Broker's lobby had requested a change in the procedure for upfront collection of peak margins from clients in both cash and derivatives segment
Directs Subramanian to deposit Rs 60 lakh within four weeks
From this year's peak in January, both indices are down nearly 12 per cent
Industry players said the concept, if implemented, would give a fillip to the domestic capital markets, ease the process and encourage more companies to go public