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Samie Modak

Samie Modak

Samie Modak

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.

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Donald Trump tweets hit D-Street, oil saves the day; Sensex falls 363 pts

The fall in the domestic market was subdued compared to carnage seen in global equities

Donald Trump tweets hit D-Street, oil saves the day; Sensex falls 363 pts
Updated On : 07 May 2019 | 1:39 AM IST

It's wild, wild May for Indian stock markets during Lok Sabha elections

So far this month, the market has been relatively tranquil pinning hopes that the BJP will once again come to power

It's wild, wild May for Indian stock markets during Lok Sabha elections
Updated On : 05 May 2019 | 10:10 PM IST

Street signs: NSE shares in demand, betting on PSU space, and more

If the National Stock Exchange (NSE) stock was listed, its shares would have gained following the Securities and Exchange Board of India (Sebi) order in the co-location (colo) case

Street signs: NSE shares in demand, betting on PSU space, and more
Updated On : 05 May 2019 | 10:05 PM IST

Sebi's co-location order delays announcement of NSE's FY19 results

The NSE board will approve FY19 financial statement after legal view on the case

Sebi's co-location order delays announcement of NSE's FY19 results
Updated On : 05 May 2019 | 1:40 AM IST

Analysts say 'no' to YES Bank stock, cut 12-month target price by 40%

Large stressed pool, aggressive accounting practices and weakness in the retail franchise are among the reasons cited by analysts for their bearish stance

Analysts say 'no' to YES Bank stock, cut 12-month target price by 40%
Updated On : 30 Apr 2019 | 12:46 AM IST

Street signs: HEG dream run ends, Vodafone Idea stock in demand, and more

Shares of Vodafone Idea and Jet Airways are in demand on the stock lending and borrowing (SLB) mechanism

Street signs: HEG dream run ends, Vodafone Idea stock in demand, and more
Updated On : 29 Apr 2019 | 12:16 AM IST

Investing in international funds helps reduce portfolio volatility: Experts

However, this performance pales in comparison to China and the US, the world's two biggest markets

Investing in international funds helps reduce portfolio volatility: Experts
Updated On : 29 Apr 2019 | 12:11 AM IST

Sebi's royalty move to discourage foreign firms from going public: Industry

Firms not in favour of greater say to minority shareholders, call move 'discriminatory'

Sebi's royalty move to discourage foreign firms from going public: Industry
Updated On : 26 Apr 2019 | 10:45 PM IST

Investing in high-dividend yield stocks could be a good strategy: Expert

Here are the stocks in focus this dividend season

Investing in high-dividend yield stocks could be a good strategy: Expert
Updated On : 21 Apr 2019 | 11:47 PM IST

Street signs: New rules may allay FPI concerns, Neogen IPO, and more

Shares of Neogen Chemicals are changing hands at a 10 per cent premium in the grey market

Street signs: New rules may allay FPI concerns, Neogen IPO, and more
Updated On : 21 Apr 2019 | 10:20 PM IST

Mutual funds sell several blue chips stocks, buy mid-caps in March

The benchmark indices had gained nearly 8% amid a surge in foreign institutional investor flows last month

Mutual funds sell several blue chips stocks, buy mid-caps in March
Updated On : 14 Apr 2019 | 8:59 PM IST

Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more

During the 2014 general election, the primary market had seen a lull with only one IPO between April 2014 and July 2014

Street signs: HNIs bet on Polycab IPO; Abakkus fund's success, and more
Updated On : 14 Apr 2019 | 8:54 PM IST

Sebi to seek details from mutual funds with schemes linked to Zee group

The regulator is examining the different approaches taken by the two large fund houses with regard to repayment

Sebi to seek details from mutual funds with schemes linked to Zee group
Updated On : 12 Apr 2019 | 2:28 AM IST

We don't allow promoter to extend their leverage, says Nilesh Shah

In the case of Essel group, the burning question before lenders was whether the pledged shares should be invoked and sold to recover dues, says Shah

We don't allow promoter to extend their leverage, says Nilesh Shah
Updated On : 12 Apr 2019 | 1:10 AM IST

Street signs: Lakshmi Vilas Bank-Indiabulls merger, Polycab stock, and more

Despite the sharp rally, LVB shareholders are getting a premium of 36 per cent

Street signs: Lakshmi Vilas Bank-Indiabulls merger, Polycab stock, and more
Updated On : 07 Apr 2019 | 9:10 PM IST

Prabhat Dairy gets shareholder nod for sale of its business to Lactalis

99 per cent public institutions voted against the resolution but the promoter group and non-institutional investors voted in favour

Prabhat Dairy gets shareholder nod for sale of its business to Lactalis
Updated On : 29 Mar 2019 | 7:34 AM IST

Metropolis Healthcare's Rs 1,200-cr IPO to open for subscription on Apr 3

The offering comprises secondary sale of 13.68 million shares, constituting of 27.3 per cent stake

Metropolis Healthcare's Rs 1,200-cr IPO to open for subscription on Apr 3
Updated On : 29 Mar 2019 | 12:34 AM IST

Axis Bank joins Rs 2-trillion market cap club, Titan touches Rs 1 trillion

The Sensex is only 1 per cent shy of its previous all-time high.

Axis Bank joins Rs 2-trillion market cap club, Titan touches Rs 1 trillion
Updated On : 28 Mar 2019 | 11:16 PM IST

Markets rally towards all-time high; Sensex up 413 pts, Nifty rises 125 pts

Benchmark indices post 1%-plus gain for 5th time this month, 8th in CY19

Markets rally towards all-time high; Sensex up 413 pts, Nifty rises 125 pts
Updated On : 28 Mar 2019 | 11:11 PM IST

Sebi defers implementation of new royalty payment corporate code

Starting April 1, cos where such payments exceeded 2% of turnover had to obtain shareholder nod

Sebi defers implementation of new royalty payment corporate code
Updated On : 28 Mar 2019 | 2:54 AM IST