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.
The rupee extended its recovery from February's record low of 87.95 a dollar, rising 2 per cent in March and 1.16 per cent in April
Prominent blue-chip firms like NTPC, Coal India, Wipro, and Reliance Industries also exceeded the 2 per cent mandate
The Gensol saga is the latest in a list of corporate cases where promoters redirected funds at will and whim. It's yet another wakeup call
On Monday, ICICI Bank also hit a milestone, with its market value surpassing ₹10 trillion for the first time
The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades
Over the past one week, India has emerged as the top-performing major market globally
Most expensive EM relative to long-term and trough valuations
Hyundai Motor India and Waaree Energies are among the stocks likely to come into focus this week as their lock-up periods expire
Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors
Pandey highlighted Sebi's efforts to engage with foreign portfolio investors and market participants to streamline compliance
Independent directors, boards, auditors must step up to rein in greed: Pandey
With up to 18 months to go public after Sebi's approval, companies can time their listings to align with favourable market conditions, avoiding the pitfalls of premature exposure
Last week, the government sold a 3.5 per cent stake in Mazagon Dock Shipbuilders (MDSL) through an offer for sale (OFS)
Its top conviction picks include Reliance Industries, TVS Motors, Shriram Finance, ICICI Bank and Adani Ports and SEZ
The monthly average of 3.42 million new accounts also set a new record for a financial year
Both companies had planned to launch their offerings this month
The wealth destruction is on account of fears that the tariffs imposed by US President Donald Trump would upend global trade, slow global growth and push the US economy into recession
Reports estimate Tata Capital's IPO size at approximately $2 billion, while Boat's could exceed $250 million
In an uncommon move, both foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) turned net sellers on Friday, dragging the benchmark Nifty down 1.5%
The Nifty Pharma index surged 2.25 per cent after the pharmaceutical sector was unexpectedly spared from reciprocal tariffs, at least for now