Samie Modak

Mumbai

Senior Market Editor at Business Standard

Market Editor @bsindia

Featured in: Favicon

business-standard.com Favicon

rediff.com Favicon

flipboard.com Favicon

scroll.in

thewire.in Favicon

afaqs.com

thenorthlines.com Favicon

beamstart.com Favicon

pressnewsagency.org Favicon

userwalls.news + 2 more

Articles

Tuhin Kanta Pandey

1 week ago | business-standard.com | Khushboo Tiwari |Samie Modak |Vikas Dhoot

Pandey highlighted Sebi's efforts to engage with foreign portfolio investors and market participants to streamline complianceKhushboo Tiwari Samie Modak Vikas Dhoot Following a stellar 2024, initial public offering (IPO) activity has stalled, with no mainboard listings since mid-February.
Corrections help adjust stretched equity valuations: Oisharya Das

3 weeks ago | business-standard.com | Samie Modak

The domestic wealth management industry is undergoing significant changes due to global uncertainty, market fluctuations, rising competition, and evolving client needs, says OISHARYA DAS, chief executive officer - private banking, Kotak Mahindra Bank. In an email interview with Samie Modak, Das discusses how these changes are influencing business strategies, client relationships, and investment approaches. Edited excerpts:How has the market fall impacted the business and client sentiment?
Next significant market surprise likely to be on the upside: Mukul Kochhar

1 month ago | business-standard.com | Samie Modak

The market fall has created a favourable investment landscape, even as investor mood remains subdued, says Mukul Kochhar, head of institutional equities, Investec India. In an email interview with Samie Modak, Kochhar says the most reliable investment approach centres around selecting mispriced stocks and holding them for the long term. Edited excerpts:Has the market turned attractive post the selloff? When market sentiment weakens, valuations often reach more attractive levels.
CLSA lowers target price for IndusInd Bank to Rs 900 but sees 34% upside

1 month ago | rediff.com | Samie Modak

Global brokerage CLSA has lowered its target price for IndusInd Bank from Rs 1,200 to Rs 900 while maintaining an outperform rating on the stock after the private lender disclosed a net worth hit of Rs 1,500 crore due to an accounting gap. The revised price target still implies an upside of 34 per cent from current levels. Shares of IndusInd Bank last closed at Rs 672, down 1.84 per cent from previous close of Rs 685.
Nifty Indices Rebalance Begins

1 month ago | rediff.com | Samie Modak

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27. The rebalancing of the Nifty 50 and Nifty Next 50 indices is expected to drive a cumulative churn of over Rs 22,000 crore as index funds and exchange-traded funds tracking these indices adjust their holdings. As part of its semi-annual review, NSE Indices announced on Friday the removal of Britannia and Bharat Petroleum Corporation from the flagship Nifty 50 index.
Herald Van Der Linde

2 months ago | business-standard.com | Samie Modak

Just six months ago, Indian markets were investors' favourite. However, the situation has changed dramatically. HERALD VAN DER LINDE, head of equity strategy for Asia-Pacific at HSBC, identifies rising US bond yields, the outperformance of Chinese markets, and an earnings slowdown as the primary drivers behind the current market selloff.
Volatility unlocks opportunity, says Vikas Khemani

2 months ago | business-standard.com | Samie Modak

The announcement of Rs 1 trillion in tax savings in the Union Budget is certainly welcome news. However, according to VIKAS KHEMANI, founder of Carnelian Asset Management & Advisors, the rally in consumer stocks may soon lose momentum due to unfavourable valuations and potential market disruptions. In an email interview with Samie Modak, Khemani emphasised that 2025 is a year to manage expectations carefully and to remain disciplined and committed to long-term investment strategies.
Asia Index MD & CEO

2 months ago | business-standard.com | Samie Modak

Underpinning the sharp growth in the passive fund industry are index providers. Asia Index - which recently parted ways with equal joint venture (JV) partner S&P Dow Jones Indices (DJI) - is trying to leverage its parent BSE to boost its presence. ASHUTOSH SINGH, managing director (MD) and chief executive officer (CEO) at Asia Index, in an interview with Samie Modak in Mumbai, talks about the various industry trends and measures taken to arrest the market-share decline. Edited excerpts:
Burmans vs Gaekwad: Who will manage to acquire Religare Enterprise?

2 months ago | rediff.com | Dev Chatterjee |Samie Modak

The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn’t valid and will not stand scrutiny of market regulator Sebi.
'Coming Months Could Be Eventful For Markets'

Jan 15, 2025 | rediff.com | Samie Modak

'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'"India's valuations have risen over the past three years. Some areas have seen stretched valuations due to narratives around significant government spending, leading to unrealistic growth expectations.