The FinTech Hub
Source: Live Mint Mumbai: Microfinance Institutions Network (MFIN), the self-regulatory organization for the sector, expects the current bad loan stress that microlenders face to stabilize by January next year with new rules in place. On Monday, the MFIN tightened the guidelines around microlending, after it first came out with the norms in July. The sector’s…
Source: Live Mint Domestic equity benchmarks Sensex and Nifty snapped their two-day rally and closed lower on Tuesday, November 26, in line with weak global market trends amid concerns over US President-elect Donald Trump’s tariff threats. Investors are worried about the potential impact on global trade relations due to Trump’s policies, prompting them to book…
Source: Live Mint Delhivery Ltd’s shares are hovering near their 52-week lows of ₹325.50 apiece seen on 18 November. Investor sentiment remains subdued given the uninspiring September quarter (Q2FY25) results amid rapid growth in quick commerce and stiff competition in e-commerce. Further, the rise of in-house delivery fleets by e-commerce giants such as Meesho has…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty Index concluded at 24,221.9, reflecting a decline of 0.11%. Throughout the trading session, the Nifty reached a high of 24,343.3 and a low of 24,125.4. The Sensex experienced fluctuations within the range of 80,482.36 and 79,798.67, ultimately closing…
Source: Live Mint SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Investors who had invested ₹1.5 lakh in its IPO in February 2016 would have turned ₹51 lakh till now. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of…
Source: Live Mint Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower…
Source: Live Mint The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. Companies from diverse sectors—including technology, consumer goods, green energy, and financial services—have successfully debuted on Indian stock exchanges, capitalising on favourable market conditions. Moreover, high-profile debuts from companies like Swiggy, Hyundai Motor…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, experienced a positive surge on Monday, sustaining their early momentum and signalling a promising start to the week. This upward movement indicates a constructive effort to recover from recent losses. The Sensex concluded the day at 80,109.85 points, marking an increase…
Source: Live Mint Rekha Jhunjhunwala portfolio: The Indian benchmark indices continued their uptrend for the third straight session during the early morning session on Tuesday. While marginal investors are getting decent returns on their investments, some ace investors are making significant money in this rising Indian stock market. Rekha Jhunjhunwala is one of those ace…
Source: Live Mint Telecom stocks saw a sharp upsurge in early morning trade on November 26, following reports that the Union Cabinet approved the waiver of bank guarantees for telecom operators. This move is seen as a significant step in easing the financial burden on the sector. Reacting positively to these developments, shares of Vodafone…
