The FinTech Hub
Source: Live Mint Stock Market Today: MOS Utility Ltd share price hits new highs after it announces its plans to acquires 51% Stake in Samvriddhi Inclusive Growth Network Pvt Ltd. MOS Utility share price that opened at ₹320.00 on the NSE on Friday, higher than previous close of ₹314.85, however gained further. The MOS Utility…
Source: Live Mint Bull markets are driven by greed and bear markets are by fear. But there’s a new term doing the rounds: Buffalo market. What is this new kind of ‘market’ all about? Let’s find out… What is a buffalo market? Buffalo market, a term coined on Wall Street by the folks at Bank…
Source: Live Mint In an unfavourable turn of events, inflation measured by the Consumer Price Index (CPI) rose to 3.7% year-on-year in August, up from 3.6% in July, and surpassing Mint’s consensus estimate of 3.5%. Given the generous rainfall seen in August, expectations were that retail inflation would moderate as vegetable prices ease. The unexpected…
Source: Live Mint Zomato share price hit its record high level of ₹286.50 apiece in early deals on Friday, extending gains for the seventh straight session. However, Zomato shares cooled off from the high levels and declined over 2%. Zomato stock price has rallied over 7% in one week and has surged more than 50%…
Source: Live Mint Zee Entertainment Enterprises Ltd. (ZEEL) share price rallied over 3% on Friday after the company said it received regulatory approval for the recall of merger with Culver Max Entertainment Pvt Ltd (formerly Sony Pictures Networks India) and Bangla Entertainment Pvt Ltd (BEPL). ZEE shares gained as much as 3.26% to ₹139.15 apiece…
Source: Live Mint Gold prices witnessed significant gains in the morning trade in the domestic futures market on Friday, September 13, tracking positive global cues and weakness in the US dollar. The yellow metal jumped to record highs in international markets as the dollar lost steam driven by optimism for a US Fed interest rate…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC: Life Insurance Corporation of India (LIC) has raised its shareholding in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3 percent, as revealed in a regulatory filing on Thursday. LIC’s stake in the railway sector ‘miniratna’…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Friday amid positive global market cues. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,390 level, a premium of nearly 56 points from the…
Source: Live Mint F&O ban list:The National Stock Exchange (NSE) banned trading in eight stocks on Friday, September 13, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of securities…
Source: Live Mint Shares of JK Lakshmi Cement Ltd have declined about 13% so far in 2024, significantly lagging the Nifty 500 index’s 21% rally. The company is facing a slew of challenges, and for the trend to reverse, many factors need to align. True, the June quarter (Q1FY25) was a tough one for the…
