The FinTech Hub
Source: Live Mint Recent global developments leading to ample supplies amid weaker demand prospects have pushed Brent oil prices to lows of ~USD71/bbl. While upstream earnings are currently impacted, with the OPEC+ delaying its planned rise in production, we expect oil prices to rebound to USD75-80/bbl in the near term. Thus, net oil realization should…
Source: Live Mint US stock indices were mixed on Wednesday after the latest inflation data. At the opening bell, the Dow Jones Industrial Average fell 98.2 points, or 0.24%, to 40638.76. The S&P 500 fell 0.9 point, or 0.02%, to 5496.42, while the Nasdaq Composite rose 35.5 points, or 0.21%, to 17061.406. Oil prices climbed…
Source: Live Mint Shree Tirupati Balajee Agro Trading shares are set to debut on the Indian stock exchanges on Thursday, September 12. Ahead of the listing, the company’s shares are commanding a healthy grey market premium (GMP) of ₹40, according to investorgain.com. Considering the IPO price band’s upper end and the grey market’s current premium,…
Source: Live Mint Shares of Varun Beverages surged 4 percent to ₹1,588 per share on September 11, in anticipation of its 2:5 stock split record date. As a result, the stock will begin trading on an ex-split basis starting tomorrow, September 12. The board of directors has established September 12 as the ‘record date,’ the…
Source: Live Mint Stock Markets Today: Power Grid Corporation of India , NTPC share prices that have risen 60-70% in last one year, however are down up to 6% in September. The Hydropower producers NHPC and SJVN and Bharat Heavy Electricals Ltd (BHEL share price) also have seen some correction during September. While the markets…
Source: Live Mint Shares of Evexia Lifecare came into the spotlight on Wednesday, September 11, after the company announced its upcoming board meeting, set for Monday, September 16, 2024, to discuss a significant fundraising initiative. The board is expected to consider raising funds through the issuance of convertible equity warrants and/or equity shares on a…
Source: Live Mint ESOP 2024: Poonawalla Fincorp Limited on September 11 announced the grant of 300,000 stock options under its Employee Stock Option Plan-2024 – Scheme-II (ESOP-2024 – Scheme-II). The Nomination and Remuneration Committee of the Board approved this grant on September 10, 2024, with an exercise price set at ₹382.63 per option. The options…
Source: Live Mint Tolins Tyres’ Initial Public Offering (IPO) opened for subscription on September 9 and closed today, September 11. The company aims to raise approximately ₹230 crore through the offering, which will be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) The IPO price band has been set between…
Source: Live Mint Shares of Century Textiles & Industries, the real estate venture of the Aditya Birla Group, surged 8.2 percent in intraday trading today, hitting a new all-time high of ₹2,689 per share. This followed a 5.6 percent rise in the previous session, bringing the total two-day gain to 14 percent. The surge was…
Source: Live Mint At 11 Sep 11:19 today, Ongc shares are trading at price ₹287.8, -2.66% down from the previous closing price. Sensex is trading at ₹82030.08, up by 0.13%. The stock has hit a high of ₹292.7 and a low of ₹287.3 during the day. On the technical front, the stock is trading above…
