The FinTech Hub
Source: Live Mint Niva Bupa Health Insurance Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, opened for subscription on Thursday, November 7. The public offer was subscribed 65 per cent on the first day as investors bid for 11.19 crore shares, compared to 17.28 crore…
Source: Live Mint The rally proved short-lived. A day after India’s stock markets shot up more than 1% following Donald Trump’s victory in the US elections, adding ₹7.75 trillion to investor wealth, the benchmark indices were back to their downward slide, with the rupee, too, plunging to a new low. Sustained selling from foreign institutional…
Source: Live Mint US stock indices rose slightly on Thursday after storming to record highs in previous session on former president Donald Trump’s presidential election victory. Market participants were awaiting Interest rate decision from the Federal Reserve later in the day. It is widely expected that the Fed will cut its key interest rate for…
Source: Live Mint Tesla CEO Elon Musk’s wealth surged by $26.5 billion, over 12 per cent, to reach $290 billion shortly after Donald Trump secured a landslide victory in the US presidential election. According to the latest data from Forbes’ Real-Time Billionaires list, Musk’s net worth immediately jumped on Wednesday, underscoring how political events can…
Source: Live Mint ACME Solar Holdings Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component. The IPO completed its second day of public bidding on November 7. The public offer was subscribed 70 per cent on the second day as investors bid for 4.05 crore shares,…
Source: Live Mint Multibagger IPO: KRN Heat Exchanger and Refrigeration shares have jumped 40% in five days after Q2 results 2024. The share price has more than doubled over the issue price giving Multibagger returns to IPO investors. The KRN Heat Exchanger share price gained more than 12 % during intraday trades on Thursday. The…
Source: Live Mint Swan Energy shares surged 14.68 per cent to reach an intraday high of ₹569.45 on Thursday, November 7, after the company disclosed that it has no assets or business operations in Myanmar. Swan Energy also said it has no association or affiliation with Asia Sun Trading Company, which is owned or controlled…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index closed at 24,484.05, reflecting a decrease of 1.16%. During the trading session, the Nifty reached a high of 24,503.35 and a low of 24,179.05. Meanwhile, the Sensex fluctuated between 80,563.42 and 79,419.34, ultimately closing 1.04% lower at…
Source: Live Mint Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue. The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports. But rising input costs,…
Source: Live Mint Dividend stock: IT stock Dev Information Technology Ltd has set board meeting date to declare Q2 results FY25 and also consider interim dividend. Dev Information Technology Ltd in its release on the exchanges Intimated of Board Meeting dates to be held on 12th November, 2024. Board meeting details Dev Information Technology Ltd…
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