The FinTech Hub
Source: Live Mint Nvidia Q3 Results Today: The options-implied move for Nvidia shares the day after earnings is about 8% in either direction, according to data compiled by Bloomberg. That would equate to close to a $300 billion swing in market value — bigger than all but 25 companies in the S&P 500 Index. And…
Source: Live Mint Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine offset a rise in U.S. crude and gasoline stocks. Brent crude futures for January were down 4 cents, or 0.05%, at $73.27 a barrel by 10:43 a.m. EDT (1543 GMT). U.S. West Texas Intermediate crude…
Source: Live Mint US stocks were subdued on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia’s quarterly results. At the opening bell, the Dow Jones Industrial Average rose 27.1 points, or 0.06 per cent, to 43,296.05. The S&P 500 fell 2.6 points, or 0.04 per cent, to…
Source: Live Mint A few stocks on Dalal Street continue to face extended sell-off pressure due to a variety of factors, including weak financial performance, rising competition, softening demand, and macroeconomic headwinds. As a result, these stocks remain sidelined, despite the overall market performing exceptionally well. One such stock in this regard is Delhivery—India’s largest…
Source: Live Mint After experiencing a sharp correction following Donald Trump’s election victory, gold prices are beginning to show signs of recovery. Over the last two trading sessions, gold prices have surged by as much as ₹1,639 per 10 grams. This resurgence is primarily attributed to a pause in the dollar index’s relentless rally, which…
Source: Live Mint Shares of Elcid Investments, which recently grabbed headlines for a massive one-day spike, have once again caught the attention of investors following the release of the company’s financial results for the September quarter. The company reported a 143.5% year-on-year (YoY) jump in its consolidated revenue to ₹56 crore. However, on a sequential…
Source: Live Mint UPL announced on Wednesday, November 20, that it would raise ₹3,377.74 crore through a rights issue of 9,38,25,95 partly paid shares at ₹360 per rights equity share. The company will issue shares in the ratio of 1:8, or one equity share for every eight equity shares held. The record date for this…
Source: Live Mint Upcoming IPO: CIEL HR Services Ltd has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). CIEL HR Services is the sole provider in India that delivers an extensive range of technology-based human resources solutions throughout…
Source: Live Mint The Indian market is currently undergoing a corrective phase, impacted by the rise in the dollar index following Donald Trump’s victory in the 2024 US Presidential elections, along with continuous outflows from foreign investors and the Middle East crisis. While the last session was a positive one for the Indian markets after…
Source: Live Mint While selling pressure was seen across the market in recent weeks, a few stocks have weathered the recent correction and managed to surge, adding some gains to investors’ portfolios. According to Trendlyne data, 14 out of the Nifty 500 constituents have risen 10% to 38% in a month, with most of them…
