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.
Move, akin to commodities futures, to ease risk around physical settlement
HMIL's IPO had seen strong response from sovereign wealth funds and domestic mutual funds, but retail and wealthy investors sidestepped the issue amid a selloff in auto stocks and overall markets
FPI shareholding in state-owned Nalco and Coal India has risen 54 bps each, while that in Hindustan Copper has jumped 130 bps
India faces fork in the road as outflows overshadow growth
Waaree is India's largest manufacturer of solar photovoltaic modules, boasting the largest aggregate installed capacity of 12 gigawatt
Fees from handling equity share sales hit Rs 3K cr in 2024
Previously, record high DII flows for a calendar year were in 2022 when they had pumped in Rs 2.8 trillion, of which Rs 1.86 trillion came from MFs
Quant Mutual Fund has emerged as a standout performer, dominating the equity scheme performance charts in recent years, with its high-conviction bets paying off
42.4 mn shares allotted to 225 funds at Rs 1,960 apiece
Shares of industry leader Asian Paints have dropped over 10 per cent this year, even as the benchmark National Stock Exchange Nifty 50 has risen 15 per cent
China's resurgence, expensive valuation dim India appeal; Midcap funds see 14th week of outflows
Inflows into equity schemes positive for 43rd; MF industry AUM tops Rs 68 trn
Unsoo Kim, president, CEO and MD, Wangdo Hur, executive director and CFO, and Tarun Garg, whole time director and COO of Hyundai Motor India outline their plans
The firm will be valued at Rs 1.59 trillion at the top-end of the price band of Rs 1,865-Rs 1,960
In a show of strength, DIIs have made their three largest single-day purchases in October, injecting liquidity into the market amidst FPIs' exodus
FPIs' equity holdings currently account for 16.4 per cent of India's total market capitalisation, down from 20.1 per cent in December 2020
Despite the market turmoil sparked by tensions in West Asia, experts believe that upcoming mega-share sales will remain unaffected
Hong Kong's market, heavily influenced by listed Chinese stocks, has gained significantly since China's central government increased economic support
Higher FPI investment room opens door for $1.8 bn passive inflows
Experts say board not empowered to take action in the matter