The FinTech Hub
Source: Live Mint Expert view: Pramod Gubbi, the co-founder of Marcellus Investment Managers, believes the valuation of Nifty 50 is high but not out of balance. In an interview with Mint, Gubbi discussed the long-term opportunities and the impact of the US Fed rate cut on the Indian stock market. Edited excerpts: Does this market…
Source: Live Mint Zomato share price: Rising over 5 per cent in intraday trade, shares of Zomato hit its fresh all-time high of ₹285.95 in intraday trade on the BSE on Thursday, September 12. The stock finally closed 4.49 per cent higher at ₹283.90, extending its winning streak into the sixth consecutive session. The stock…
Source: Live Mint Bajaj Housing Finance IPO’s record-breaking subscription presents a more concerning scenario compared to the ₹12-crore IPO of Resourceful Automobile, an SME company, which attracted bids worth ₹4,800 crore. The ₹6,560-crore IPO of Bajaj Housing Finance set a new record, with subscriptions exceeding ₹3 lakh crore. The IPO was oversubscribed 63.61 times, receiving…
Source: Live Mint Ather Energy Ltd has yet to announce the pricing for its upcoming initial public offering (IPO), which will be a mix of fresh issue and offer for sale. However, investors can draw inspiration from Hero MotoCorp Ltd’s strategy. If Ather seems like a risky bet, investors may find comfort in Hero, which…
Source: Live Mint Indian markets shed almost a per cent in the 11 days of September due to geopolitical tensions, concerns regarding rate cuts, expensive valuations and other negative global cues. The benchmark Nifty has lost 0.93 per cent in September so far but has risen almost 15 per cent in 2024 YTD. The decline…
Source: Live Mint Inox Wind (INOXWIND) has recently captured significant attention in the stock market, with technical analysts forecasting a promising trajectory. The Renewable energy stock has witnessed a remarkable multi-bagger rally, with the stock climbing over 394 per cent last year. So far in 2024, the stock has risen by 91 per cent, giving…
Source: Live Mint Gajanand International IPO Allotment: The initial public offering (IPO) of Gajanand International Ltd, the manufacturer of a variety of cotton, has received decent demand from investors. As the bidding period is now over, investors await the Gajanand International IPO allotment, which is expected to be finalised today. Gajanand International IPO allotment date…
Source: Live Mint Gold and silver prices observed a slight decline today, with the cost of 24 carat gold at Rs.7289.0 per gram, representing a decrease of Rs.1030.0. The cost of 22 carat gold is Rs.6879.0 per gram, down by Rs.70.0. The price change in 24 carat gold over the past week has been 0.09%,…
Source: Live Mint Stock MArket Today: Multibagger NBCC (India) Ltd share price gained 4.5% in morning trades on Thursday. The gains for NBCC share price were led by its announcement regarding a collaboration with Mahanager Telephone Nigam Limited (MTNL) for ₹1600 Crore project. Memorandum of Understanding (MoU) has been signed between NBCC (India) Limited and…
Source: Live Mint Bajaj Housing Finance IPO allotment date: The Bajaj Housing Finance IPO share allotment will be finalised today (Thursday, September 12). Investors who applied for the Bajaj Housing Finance IPO can check the Bajaj Housing Finance IPO allotment status in the registrar’s portal, which is Kfin Technologies Ltd. The non-deposit-taking housing finance company…
