The FinTech Hub
Source: Live Mint Penny stock below Re 1: NBFC stock Standard Capital Markets Limited hit upper circuit on Friday for 2nd straight session in a row. The Standard Capital Markets share price opened at ₹0.90 around 2% higher than the previous close of ₹0.88 on the BSE on Friday. The Standard Capital Markets share price…
Source: Live Mint SBI Cards and Payment Services shares received a ratings upgrade from foreign brokerage firm UBS as it expects improvement in the financials of the company. UBS upgraded SBI Cards stock to ‘Neutral’ from ‘Sell’ and increased the target price to ₹800 per share from ₹600 earlier. UBS said it is witnessing signs…
Source: Live Mint Jio Financial Services Q3 Results Live Updates: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today. The company has notified the stock exchanges about the announcement of its earnings for the third quarter of FY25 on January 17. Jio Finance share price was trading…
Source: Live Mint Denta Water and Infra IPO price band: The Denta Water and Infra Solution Limited IPO price band has been fixed in the range of ₹279 to ₹294 per equity share of the face value of ₹10. The Denta Water and Infra IPO date of subscription is scheduled for Wednesday, January 22, and…
Source: Live Mint Quant giant AQR Capital Management has upgraded its expectations for the performance of a 60/40 portfolio in the years ahead, saying the classic investing approach is set to benefit from rising returns in the bond market. The $114 billion money manager now anticipates the real return of a global 60/40 strategy —…
Source: Live Mint Infosys share price is expected to open with a downside gap on Friday as indicated by the IT giant’s American Depositary Receipt (ADR) listed on New York Stock Exchange (NYSE). Infosys ADR closed 5.77% lower at $21.57 on January 16, after the company reported its Q3 results. The decline in Infosys ADR…
Source: Live Mint Buy or sell stocks for today: Indian markets continued their positive momentum for the third consecutive session on Thursday, January 16, driven by global trends. Key US CPI data for December was below expectations, raising hopes that the US Federal Reserve might reduce interest rates sooner than anticipated. The expectations for a…
Source: Live Mint (Adds comments and closing prices) NEW YORK, Jan 16 (Reuters) – Cocoa futures on ICE closed sharply lower on Thursday after data on fourth-quarter demand for the chocolate ingredient came in worse than expected. White sugar rallied off Wednesday’s three-year low meanwhile. * London cocoa futures settled down 217 pounds, or 2.5%,…
Source: Live Mint (Bloomberg) — After years of hoarding capital amid fears that regulators would come knocking, Wall Street’s biggest banks paid out the most in three years to shareholders in the form of dividends and buybacks. The six largest US banks delivered more than $100 billion to shareholders through dividends and share repurchases during…
Source: Live Mint New Delhi: Reliance Industries Ltd. expects its Campa and Independence brands to cross the ₹1,000-crore milestone each this financial year after it shook up the consumer goods market with products across staples to beverages. “Consumer brands (under Reliance Consumer Products Ltd or RCPL) continued to deliver growth across categories with 9M FY25…
