Samie Modak

Stories by Samie Modak

Why NSE is likely to cap Nifty's sector weights

Why NSE is likely to cap Nifty's sector weights

Rediff.com   4 May 2019

Based on a feedback, the exchange could cap a sector's weight at 25 per cent, or align with the broader market.

Only 14 IPOs hit the market in FY19

Only 14 IPOs hit the market in FY19

Rediff.com   17 Apr 2019

The number of issues were the lowest since FY15, compared to 45 in FY18.

Sensex ends 2018-19 with 17.3% gains, most since 2014-15

Sensex ends 2018-19 with 17.3% gains, most since 2014-15

Rediff.com   1 Apr 2019

A surge in foreign inflows is seen as the major reason behind the latest market surge.

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

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

Rediff.com   29 Mar 2019

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

March likely to see highest overseas funds flow in 2 years

March likely to see highest overseas funds flow in 2 years

Rediff.com   26 Mar 2019

Experts say foreign investor sentiment was bolstered by the US Federal Reserve's decision to go slow with interest rate hikes and hopes of political stability.

HDFC Bank joins the big boys in $100 bn m-cap club

HDFC Bank joins the big boys in $100 bn m-cap club

Rediff.com   20 Mar 2019

India now has three companies in the global top 100 list in terms of market value: Reliance Industries (RIL) ranks 72, Tata Consultancy Services (TCS) is at 86 and HDFC Bank at 99.

Heard about side-pocketing in MFs?

Heard about side-pocketing in MFs?

Rediff.com   7 Feb 2019

Sebi has allowed mutual fund schemes the option of 'side-pocketing' which move will help both fund houses and investors.

New deal with Subhash Chandra gives lenders more control over Zee

New deal with Subhash Chandra gives lenders more control over Zee

Rediff.com   5 Feb 2019

Zee and its lenders had decided to enter into an agreement to not offload the pledged shares amid a sharp slide in the prices of the underlying securities during end-Janury. The terms give the lenders a greater say, upside benefit from the proposed strategic sale, more cover and personal guarantee.

Why brokers are unhappy with revised stamp duty norms

Why brokers are unhappy with revised stamp duty norms

Rediff.com   2 Feb 2019

'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'

MFs have high exposure to Zee group cos, hit hard by stock crash

MFs have high exposure to Zee group cos, hit hard by stock crash

Rediff.com   28 Jan 2019

Debt funds have exposure of nearly Rs 8,000 crore to Zee group papers. Aditya Birla MF, HDFC MF, Franklin Templeton MF, and ICICI Prudential MF have the highest exposure, reports Samie Modak.

Credit Suisse bets big on industrial stocks

Credit Suisse bets big on industrial stocks

Rediff.com   14 Jan 2019

'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'

Wow! Indian stock market world's 7th biggest

Wow! Indian stock market world's 7th biggest

Rediff.com   2 Jan 2019

All the countries in the top 10 have seen a decline in market value.

Road will be bumpy for investors in 2019

Road will be bumpy for investors in 2019

Rediff.com   29 Dec 2018

'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'

Rough ride for markets in 2018

Rough ride for markets in 2018

Rediff.com   27 Dec 2018

2018 has been a disappointing and highly volatile year for equity investors.

Brokers send Budget wishlist to Sebi

Brokers send Budget wishlist to Sebi

Rediff.com   24 Dec 2018

'Extensive thought has been put in, and we have pondered over each and every suggestions and demands received from our members.'

Will the Sensex climb to the magical 40,000-mark in 2019?

Will the Sensex climb to the magical 40,000-mark in 2019?

Rediff.com   19 Dec 2018

French investment bank BNP Paribas said India's earnings growth potential is around 14-15 per cent

India's skewed growth story

India's skewed growth story

Rediff.com   19 Oct 2018

More than 90 per cent of India's population belongs to the base tier (less than $10,000, or about Rs 730,000) when it comes to the distribution of wealth.

2018 gains wiped out from Indian markets

2018 gains wiped out from Indian markets

Rediff.com   8 Oct 2018

Slide in the rupee, surging oil prices, and rising bond yields have triggered the latest fall in the market.

Markets stare at worst-ever FPI sell-off in 2018

Markets stare at worst-ever FPI sell-off in 2018

Rediff.com   5 Oct 2018

Not just India, but Asian peers such as Indonesia, South Korea, Thailand, Taiwan and The Philippines have seen sharp FPI outflows this year

Midcaps, smallcaps see biggest monthly fall since October 2008

Midcaps, smallcaps see biggest monthly fall since October 2008

Rediff.com   1 Oct 2018

'The velocity of the market correction in September was so fierce that 9 stocks declined for every one that advanced,' reveals Samie Modak.