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.
Over 70 listed companies raised Rs 1.13 trillion through the QIP route. Vedanta, Zomato and Adani Energy Solutions each raised over $1 billion in fresh capital via this route
Both the Sensex and Nifty ended flat on the final trading day of the year, closing at 78,139 and 23,645, respectively
This year's gains might have been higher if not for the lacklustre debut performances of several large IPOs
After dropping nearly 5 per cent the previous week, the benchmark National Stock Exchange Nifty consolidated last week, gaining close to 1 per cent
These five IPOs had closed on Monday and attracted cumulative bids worth Rs 1.4 trillion as against the Rs 2,909 crore they were looking to mop up
India will finish the year with the fifth biggest global market
Firms owned by Groww, Zerodha among investors
40% investors under 30 years, women 24%
Zomato's Sensex weightage stands at 2.77 per cent, ranking 12th among the 30 components, surpassing consumer giants like Hindustan Unilever, Maruti Suzuki, Asian Paints, and Nestle
Brokers highlight strong demand for three or four of these IPOs, driven by attractive grey market premiums
Money moves west: Surge into the US creates a 'crowded' trade, primed for relief rallies
Life Insurance Corporation (LIC) of India has made its first investment in a real estate investment trust (Reit), marking a milestone more than five years after the product's launch in India
Investing in beaten-down high-RoE stocks can be rewarding, says the veteran investor
Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options
India's leading bourse, the National Stock Exchange, has announced changes to the 'expiry day' for its index derivatives contracts
Shares of the company ended at Rs 88.2, extending its two-day advance to 27 per cent. Initiating coverage on the stock, Citi set a target price of Rs 90
LIC, Zomato, Dmart among largest firms in the list of 45 stocks
The gains came despite overall market weakness amid sustained selling by foreign portfolio investors
The change in the pecking order comes amid a sharp rally in China equities, while India has seen record foreign outflows coupled with earnings disappointment
Chhaochharia highlighted that FY25's weak earnings growth is now being factored into market expectations