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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.
Business Standard tries to explain why Sebi introduced this new system and why it is worrying the broking community
Last week, low-cost brokerage 5paisa.com appointed former Flipkart chief technology officer Ravi Garikipati on its board as an independent director
Investments accrue return of -8.3 per cent for the fiscal, down from 14.7 per cent in the previous fiscal
Uncertainty over outstanding F&O positions where margins given under erstwhile system
With this, the total cash flow into these schemes since April 24, the day of suspension, has increased to Rs 6,486 crore
According to Bloomberg data, China's m-cap stood at just $407 billion in May 2006 - 45 per cent below India's m-cap of $745 billion
Among the four, Income Opportunities Fund had highest exposure to Rivaaz Trade Ventures at 6.32 per cent of its AUM
According to sources, TPG, which has investments in several firms domestically as well as globally, doesn't want to be at odds with voting advisory firms and shareholders over any governance issues
The investment legroom for FPIs in HDFC Bank, Kotak Mahindra Bank, and IndusInd Bank has reduced, according to index provider FTSE, which has dropped these stocks from some of its indices
The brokerage believes investors can invest in holdcos to diversify risk
Market players say the flow remains stable as long as the US Fed keeps interest rates low
This financial year will be a washout; businesses are keeping an eye on what happens post March 2021: Rashesh Shah, chairman and CEO of Edelweiss group.
Hopes of improvement in asset quality, better credit growth and lower valuations are supporting factors
So far this year, nearly 12 firms have reported resignations by their auditors due to disagreement over fees
Technical analysts say the positive momentum in the market could sustain as long as the index stays above 11,100 levels
LIC, SBI, and BoB did not bring stake below 10% by March 2019 in accordance with rules
On March 23, at the height of Covid-triggered sell-off, m-cap had slipped to $1.3 trillion
The stock recouped most of the day's losses after some brokerages pointed out that the reduction in weightage could be on account of an error in computation
RIL, HDFC Bank, and HDFC remained the most-sold counters
It concluded that this would be 'a macro rebound but not a multi-year bull cycle'