The FinTech Hub
Source: Live Mint Wall Street stocks finished decisively lower Friday following weaker than expected US jobs growth that pointed to a slowing economy. The lackluster job growth “played right into the market’s worries about (economic) slowing,” said Briefing.com analyst Patrick O’Hare, who noted that September has been a historically tepid period for equities. After a…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint In a move to curb speculative trading by retail investors, market regulator Securities and Exchange Board of India (SEBI) plans to introduce stricter rules for derivative trading, according to sources with direct knowledge of the situation. These new measures are expected to increase entry barriers and raise the cost of trading for…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today: Market Overview** The Nifty index closed at 25,145.1, reflecting a decline of 1.17%. Throughout the trading session, the Nifty reached a high of 25,168.75 and a low of 24,801.3. Meanwhile, the Sensex fluctuated between 82,254.79 and 80,981.93 before closing down…
Source: Live Mint On the special occasion of Ganesh Chaturthi, Sumeet Bagadia of Choice Broking has suggested Asian Paints stock to buy with a target price of ₹3562/ 3725. “Asian Paints (ASIANPAINT) is currently trading at ₹3244 and has formed a symmetrical triangle pattern on the monthly chart with significant volume, indicating a strong bullish…
Source: Live Mint Mumbai-based Hexaware Technologies has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) in which promoters will sell shares worth ₹9,950 crore. If successful, Hexaware’s IPO would be the largest in the country’s information technology services space since Tata Consultancy Services’ ₹4,713-crore initial…
Source: Live Mint The S&P 500 was 1.6% lower in midday trading and heading for its worst week since March 2023. The Dow Jones Industrial Average was down 367 points, or 0.9%, as of 11:55 a.m. Eastern time, after flipping an early gain of 250 points. The Nasdaq composite sank 2.4% as Broadcom, Nvidia and…
Source: Live Mint Bajaj Housing Finance IPO: Bajaj Housing Finance has raised ₹1,758 crore from anchor investors ahead of its IPO subscription opening for bidding. The non-banking financial company (NBFC)’s initial public offering (IPO) is all set to hit the D-Street for its three-day subscription on Monday, September 9, and will close on September 11….
Source: Live Mint Tolins Tyres Ltd, on Friday, said that it has secured ₹69 crore from anchor investors before its initial public offering opens for public subscription. The anchor investors who have been allocated shares include BofA Securities Europe SA, NAV Capital VCC, Chhatisgarh Investments, Ashika Global Securities, Moneywise Financial Services, Vikasa India EIF I…
Source: Live Mint Kross Ltd also known as Kross Manufacturers (India) Private Limited, the automotive parts manufacturer, on Friday, said it has raised around ₹150 crore ( ₹149.99 crore) from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company press release. As per the exchange filing,…
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