The FinTech Hub
Source: Live Mint IPO GMP: The initial public offering (IPO) of Inventurus Knowledge Solutions concluded on Monday, December 16, with a solid subscription of 52.68 times, with investors bidding for 54,61,01,853 shares against 1,03,66,780 shares offered. The retail investor portion was subscribed 14.55 times, the QIB portion was booked 80.64 times, and the segment reserved…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, fell slightly on Wednesday, continuing the downward trend from the previous day, as investors awaited the US Federal Reserve’s policy announcement, which will be scrutinized for cues regarding its future approach to interest rate cuts. Sensex was down 149.31 points to…
Source: Live Mint Intraday stocks for today under ₹100: As volatility is becoming a norm rather than an exception in the Indian stock market, sharp selling was witnessed across sections on Tuesday. Among the frontline indices, the Nifty 50 index crashed 347 points and closed at the 24,320 mark, the BSE Sensex nosedived 1,086 points…
Source: Live Mint SINGORE -Shares of Kioxia rose 6% in their market debut on Wednesday, valuing the Bain-backed chipmaker at more than 820 billion yen and highlighting steady investor demand for the third biggest IPO in Japan this year. Kioxia, a major manufacturer of memory chips, raised 120 billion yen after pricing its IPO in…
Source: Live Mint Breakout stocks to buy or sell: As volatility is becoming a norm rather than an exception in the Indian stock market, sharp selling was witnessed across sections on Tuesday. Among the frontline indices, the Nifty 50 index crashed 347 points and closed at the 24,320 mark, the BSE Sensex nosedived 1,086 points…
Source: Live Mint (Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point for the third meeting and delivered a stern warning on short-term inflation challenges, raising the odds of a coming pause to its easing cycle. Policymakers led by Rosanna Costa voted unanimously to lower borrowing costs to 5% late…
Source: Live Mint (Bloomberg) — The Bank of Japan is set to discuss whether or not an interest rate hike is warranted on Thursday, with views from officials suggesting a lean toward a hold amid growing market speculation of a January move. Governor Kazuo Ueda’s board is expected to leave its benchmark rate unchanged…
Source: Live Mint (Bloomberg) — Bitcoin reached an all-time high for a second consecutive day, with traders eyeing the $110,000 price level. The original cryptocurrency rose as much as 2.1% to $108,315 on Tuesday, before retreating back to its price at the start of the day around $106,000. It has surged more than 150%…
Source: Live Mint Turkey’s top market regulator dismissed speculation that pandemic-era trading limits will be lifted, calling the measures vital for market stability. Omer Gonul, chairman of the Capital Markets Board, said the curbs — which were tightened in 2020 to counter price swings — remain crucial for protecting retail investors from excessive risks. The…
Source: Live Mint Trent, a Tata Group company renowned for its diverse retail portfolio, has seen exceptional growth in its share price this year and is poised to deliver multibagger return. The strong demand for the Nifty 50 stock continues to drive its impressive performance on Dalal Street. Although the stock has witnessed some profit…
