The FinTech Hub
Source: Live Mint Fed widely expected to cut rates by 25 bps on Wednesday Some investors brace for “hawkish cut,” with Fed suggesting pause in easing cycle S&P 500 up 27% in 2024, with Nasdaq breaching 20,000 as latest equities milestone NEW YORK, Dec 13 (Reuters) – A banner year for U.S. stocks gets one…
Source: Live Mint Online food delivery platform Zomato, in a regulatory filing on Thursday said that it has received a tax demand of ₹803.4 crore, including interest and penalty from the GST department in Thane. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon,…
Source: Live Mint India’s stock benchmarks staged the sharpest intra-day recovery in six months on Friday, supported by foreign investors snapping up large-cap stocks. With bulls in pole position, analysts expect the Nifty to trend up early next week to cross the 25000-mark, where it’s expected to face stiff resistance. The last time the Nifty…
Source: Live Mint Broadcom Inc. surged to a $1 trillion market valuation for the first time on Friday, December 13, after predicting a boom in demand for its artificial intelligence (AI) chips. The chip supplier for Apple Inc. and other big tech companies predicted sales of AI products would gain 65 per cent in the…
Source: Live Mint Mukesh Ambani-led Reliance Industries Limited (RIL) has acquired a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for ₹1,628.03 crore, it said in a stock exchange filing on Friday. The oil-to-chemical conglomerate has acquired 57.12 crore equity shares representing 74% of Navi Mumbai IIA Private Limited (NMIIA) at Rs. 28.50…
Source: Live Mint Small-cap stock below ₹100: Ovata Capital, a Hong Kong-based investment manager, has acquired a stake in One Point One Solutions Ltd— a small-cap stock that has delivered multi-bagger returns to its long-term positional shareholders in year-to-date (YTD) time. The foreign institutional investor (FIIs) bought a stake in the company through a preferential…
Source: Live Mint Stock market holidays 2025: Bombay Stock Exchange (BSE) and National Exchange (NSE) announced the list of stock market holidays in 2025 on Friday, December 13, with the first holiday scheduled on February 26, 2025, on account of Mahashivratri. According to the stock market holiday calendar, trading activities on BSE and NSE will…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today** The Nifty index concluded the trading session at 24,548.7, reflecting an increase of 0.89%. Throughout the day, the Nifty reached a peak of 24,792.3 and a low of 24,180.8. The Sensex traded within a range of 82,213.92 and 80,082.82, ultimately…
Source: Live Mint IPO Review: A number of initial public offerings have entered the primary market this week, including the Vishal Mega Mart IPO, Sai Life Sciences IPO, and One Mobikwik Systems IPO, all of which are closing today. Each of these offerings has been fully subscribed, with the Mobikwik IPO outperforming the others. Investors…
Source: Live Mint Hamps Bio IPO Update: The initial public offering (IPO) of Hamps Bio, which opened for bidding on Friday, December 13, received strong investor interest, with the issue being subscribed 8.79 times by 4:00 p.m., as per exchange data. The retail investor segment saw robust demand, with subscriptions reaching 15.83 times, while the…
