Samie Modak

Stories by Samie Modak

Market volatility takes sheen off IPOs

Market volatility takes sheen off IPOs

Rediff.com   28 Sep 2018

The Centre has set a steep divestment target of Rs 80,000 crore for 2018-19. In the first six months, it has managed to mop up less than Rs 10,000 crore.

Why stock markets saw one of the most volatile days this decade

Why stock markets saw one of the most volatile days this decade

Rediff.com   22 Sep 2018

'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'

Lehman@10: The ghost continues to haunt emerging markets

Lehman@10: The ghost continues to haunt emerging markets

Rediff.com   21 Sep 2018

In dollar terms, the Indian markets managed to climb back to 2008 levels only in January this year. The subsequent fall in the rupee because of emerging market woes has once again pushed the markets below their 2008 level in dollar terms.

Technical glitch at NSDL hits e-voting at many firms

Technical glitch at NSDL hits e-voting at many firms

Rediff.com   13 Aug 2018

Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.

Should Sebi be given such 'draconian' powers?

Should Sebi be given such 'draconian' powers?

Rediff.com   10 Aug 2018

Interception of electronic communication should also be covered in the powers being sought, the report said.

Investors miffed by recent spate of buyback withdrawals

Investors miffed by recent spate of buyback withdrawals

Rediff.com   17 Jul 2018

In recent months, three companies - PC Jeweller, Vakrangee and Kwality - decided to withdraw their share buyback proposals

Sensex, rupee jump most in a month

Sensex, rupee jump most in a month

Rediff.com   30 Jun 2018

'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'

FPIs sold Indian stocks, bonds worth $ 7 bn since April

FPIs sold Indian stocks, bonds worth $ 7 bn since April

Rediff.com   4 Jun 2018

While selling started in April, it has intensified this month, with FPIs pulling out $1.1 billion and $2.5 billion from equities and debt market, respectively

'Investing in India is like joining the mafia'

'Investing in India is like joining the mafia'

Rediff.com   21 May 2018

With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.

Why Indian markets may soon be in a bear hug

Why Indian markets may soon be in a bear hug

Rediff.com   2 May 2018

'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'

Why TCS is number eight in free float market capitalisation

Why TCS is number eight in free float market capitalisation

Rediff.com   26 Apr 2018

HDFC Bank, Reliance Industries and Housing Development Finance Corporation (HDFC) -- with free-float market cap of over Rs 3 trillion -- have the highest weight in the Sensex and the Nifty.

'Markets will be fine if BJP forms a minority government'

'Markets will be fine if BJP forms a minority government'

Rediff.com   26 Apr 2018

The stocks could tank more than what it did after the United Progressive Alliance-1 came to power in 2004, as the market has not yet priced in a Bharatiya Janata Party defeat, says Raj Bhatt.

TCS powers Tatas into Rs 10 trillion m-cap club

TCS powers Tatas into Rs 10 trillion m-cap club

Rediff.com   21 Apr 2018

IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.

Will IPOs this year give huge returns?

Will IPOs this year give huge returns?

Rediff.com   3 Apr 2018

The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?

Sensex slumps 3,686 points since January 29

Sensex slumps 3,686 points since January 29

Rediff.com   24 Mar 2018

The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com   21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Achche din for IPO investors

Achche din for IPO investors

Rediff.com   9 Mar 2018

2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.

BSE, NSE cut off tieups with foreign exchanges

BSE, NSE cut off tieups with foreign exchanges

Rediff.com   10 Feb 2018

The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.

Has bull market entered the last lap?

Has bull market entered the last lap?

Rediff.com   23 Jan 2018

After the peak of the rally, the 'champion sectors' tend to underperform or perform in line with the market

As 8 states go to polls, markets likely to remain volatile in 2018

As 8 states go to polls, markets likely to remain volatile in 2018

Rediff.com   26 Dec 2017

Experts say the market is more bullish on the BJP as it will ensure continuity in policymaking.