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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.
Like any Budget Day, the stock prices gyrated, and the Sensex swung 850 points, touching a low of 22,495 and a high of 23,343
US Fed rate rise raises risk of further drying up of FII flows as cost of capital would increase
Sebi's decision to not penalise unlisted entities for violation of public issue norms may boost public offering plans of other companies as well
Interview with MD & head of equity sales trading, Bank of America Merrill Lynch
But, experts say, buying into companies on insider buying might not work in a bear market
Sources say Alkem Laboratories' Rs 1,350-crore IPO and Dr Lal PathLabs' Rs 633-crore IPO will open from December 7 to 9
Interview with Head of global emerging markets strategy, UBS Investment Bank
Govt raises Rs 12,700 cr in Apr-Nov; however, weakness in commodity will weigh on future divestment
NSE has around 25% in NSDL, while BSE's holding in CDSL is around 54%
Interview with Head of India equities, UBS
Plans to raise issue with investment bankers