All stories by Samie Modak
How Sebi's 'riskometer' grading of MF schemes helps investorsRediff.com15 Oct 2020
The markets regulator, Securities and Exchange Board of India (Sebi), recently introduced fresh guidelines to determine the place of a mutual fund (MF) on its riskometer tool.
Sebi slaps Rs 6-crore penalty on NSE for investing in 'unrelated' bizRediff.com2 Oct 2020
The NSE held 25 to 100 per cent stakes in these entities through its subsidiary NSE Investments as of September.
'Investors must not take any knee-jerk action'Rediff.com24 Sep 2020
T'I am not going to buy small- or mid-cap stocks at very high valuations if it doesn't make sense for the investors.'
Why Sebi's new margin pledge norms have rattled brokeragesRediff.com9 Sep 2020
Several brokers used shares of dormant or inactive clients to provide margins for other more active clients. This prompted Sebi to rework its entire system of pledging.
5 reasons why people are flocking to the stock marketsRediff.com20 Aug 2020
In the past four months, more than 4 million new accounts have been opened, taking the total to 44.3 million.
China's central bank trims holding in HDFC to below 1%Rediff.com11 Jul 2020
The Chinese authority hasn't entirely sold its stake but just trimmed it below 1 per cent. Stock exchange shareholding disclosure captures names of public shareholders who own more than 1 per cent stake.
Why MF stocks may see significant changesRediff.com19 Jun 2020
The mid-cap universe - comprising firms that rank 101-250 in terms of m-cap - could see as many as 17 new stocks move out. Similarly, over half a dozen stocks could exit the large-cap universe, which is defined as the top 100 entities in terms of m-cap.
Why 2nd wave of COVID-19 is a worry for equity marketsRediff.com15 Jun 2020
Many believe that the surge in the markets defy economic reality and is being fuelled by aggressive monetary easing by central banks across the world.
Beware of the 'bull trap' in a bear market, investors warnedRediff.com9 Jun 2020
This is the fastest the markets have taken to get out of bottom, compared to previous crises.
RIL's Rs 53,125 cr rights issue will be India's biggest equity fund raiseRediff.com17 May 2020
The rights issue price has been set at Rs 1,257 a share, a discount of nearly 14 per cent to the last closing price of Rs 1,459. The company had set May 14 as the record date for the rights issue, which meant shareholders as on that day would be eligible to apply. Shareholders will be able to apply for one share for every 15 shares held.
'Don't be a cowboy'Rediff.com23 Mar 2020
'The only thing that is safe right now are government securities.'
Why NBFCs' plan for SBI Cards IPO has gone awryRediff.com4 Mar 2020
Market players said NBFCs and HNIs are recalibrating their plans based on the changing dynamics.
How much more can the stock markets slide?Rediff.com29 Feb 2020
The answer to that depends on whether the globe is able to contain the virus spread, says Samie Modak.
IIT prof among new members on NSE boardRediff.com27 Feb 2020
Naved Masood, former secretary in the Ministry of Corporate Affairs and Sebi board member; TV Mohandas Pai, chairman of Manipal Global Education and Dinesh Kanabar, CEO, Dhruva Advisors have ceded their position on the NSE board following end of their tenure.
IRCTC is the most-valued PSU in D-StreetRediff.com6 Feb 2020
In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent.
Nomura downgrades Indian equities from 'overweight' to 'neutral'Rediff.com14 Jan 2020
On an overall basis, Nomura believes the economic conditions are suited for equity markets. The brokerage is predicting the market performance will be better in the first half of 2020 and "somewhat weaker" in the second half.
Why markets remain unfazed despite GDP shockerRediff.com19 Dec 2019
Hopes of revival and earnings growth in 2020, surprise tax cuts, and robust foreign flows - thanks to easy global monetary policies - are a few reasons why the markets have managed to digest the low GDP footprint. Select bluechips such as Reliance Industries, Bajaj Finance, Asian Paints, and ICICI Bank have gained sharply this year. On the other hand, YES Bank, Zee Entertainment, and Indiabulls Housing have seen a sharp fall.
Why investors shouldn't panicRediff.com3 Dec 2019
Investment experts said the key to generating superior returns was "asset allocation" and taking money out of the table from themes that have performed well and into themes that are available at a discount.
Disclosing every loan default is now mandatory for listed firmsRediff.com21 Nov 2019
Sebi has now said any default of payments of interest or principal on loans taken from financial institutions, including banks, will have to be disclosed if it continues beyond 30 days.
Anil Ambani's Reliance Capital inches closer to exiting MF bizRediff.com11 Sep 2019
Close to 21.5 per cent of this will be sold to Japan's Nippon Life, which will then become the sole promoter of the fund house.
MFs witness sizeable churn due to corporate defaultsRediff.com30 Jul 2019
Half a dozen stocks from the large-cap universe and over two dozen from the mid-cap universe have been replaced.
Inflow of $25-billion foreign cash riding on three key FPI proposalsRediff.com26 Jul 2019
These include increasing the public float in listed companies to 35 per cent from 25 per cent, increasing the minimum statutory limit for FPI investment in a firm from 24 per cent to the sectoral foreign investment, and lowering government holding in listed public sector undertakings.
More bad news from Deutsche Bank; its investment arm to quit IndiaRediff.com9 Jul 2019
The beleaguered Deutsche Bank announced major overhaul of its business, which included discontinuing loss-making equities trading business, creating a new 'bad bank', and cutting 18,000 jobs. Deutsche Equities India employs 35 people, all of whom could face the job axe.
SAT stays Sebi's order asking Prannoy, Radhika to step down from NDTVRediff.com19 Jun 2019
The tribunal, while adjourning the matter for September 16, directed Sebi to file a reply and gave three weeks to the Roys to file a rejoinder.
What Dalal Street expects from Modi2Rediff.com10 Jun 2019
Most brokerages have maintained their Sensex and Nifty targets as they believe there is little room for further re-rating in the backdrop of weak earnings.
BSE500 companies sitting on a huge cash pileRediff.com6 May 2019
75 companies can dole out Rs 1.1 trillion from the 'extra cash' to shareholders.
Why NSE deferred announcement of FY19 resultsRediff.com6 May 2019
NSE's board was to approve on Friday the annual financial statement for the year ended March 31, 2019, but it decided to defer the matter till its legal team firmed up a view on Sebi's order, sources said.
Why NSE is likely to cap Nifty's sector weightsRediff.com4 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 FY19Rediff.com17 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 2014-15Rediff.com1 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 3Rediff.com29 Mar 2019
The offering comprises secondary sale of 13.68 million shares, constituting 27.3 per cent stake.
Why India may see dismal FPI flow this yearRediff.com7 Feb 2019
By August, the weightage of China-A shares is set to quadruple to 2.9 per cent from the current level of 0.7 per cent in the MSCI EM index. The adjustment will lead to trimming of weightage of other countries, including India.
MFs have high exposure to Zee group cos, hit hard by stock crashRediff.com28 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 stocksRediff.com14 Jan 2019
'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'
Wow! Indian stock market world's 7th biggestRediff.com2 Jan 2019
All the countries in the top 10 have seen a decline in market value.
Road will be bumpy for investors in 2019Rediff.com29 Dec 2018
'The first half of 2019 could be volatile.' 'In the second half, volatility inducing events should be largely behind us.'
Brokers send Budget wishlist to SebiRediff.com24 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?Rediff.com19 Dec 2018
French investment bank BNP Paribas said India's earnings growth potential is around 14-15 per cent
India's skewed growth storyRediff.com19 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 marketsRediff.com8 Oct 2018
Slide in the rupee, surging oil prices, and rising bond yields have triggered the latest fall in the market.