The FinTech Hub
Source: Live Mint A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades. The original cryptocurrency tumbled as much as 7.2% to $78,226 at…
Source: Live Mint On a day global stock indices were battered by rising international trade tensions induced by US President Donald Trump, Indian markets followed their slump, with all gauges dipping sharply. Japan’s Nikkei and China’s CSI 300 fell 2.88% and 1.97%, respectively, amid weak openings for Germany’s Dax and French CAC. Almost on cue,…
Source: Live Mint US stock indices were mixed on Friday after data showed a slight easing in the Federal Reserve’s preferred inflation. At the opening bell, the Dow Jones Industrial Average rose 20.3 points, or 0.05%, to 43,259.84. The S&P 500 fell 4.8 points, or 0.08%, to 5,856.74, while the Nasdaq Composite dropped 67.2 points,…
Source: Live Mint Tesla stock is on course for its second worst month ever. Investors are looking for things than can turn the tide and looking for leadership from CEO Elon Musk. Shares of the electric vehicle maker were edging up 0.6% in premarket trading at $283.72, while S&P 500 and Dow Jones Industrial Average…
Source: Live Mint BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones. The company is on track to double its business year-on-year by March 2026 and…
Source: Live Mint LONDON, Feb 28 (Reuters) – The pound eased on Friday as nervy investors flocked to the dollar in light of growing pessimism over the outlook for the U.S. economy as President Donald Trump’s tariffs are about to come into force. That said, sterling was still heading for its first monthly rise since…
Source: Live Mint By Rae Wee and Brigid Riley SINGAPORE (Reuters) – Bitcoin hit its lowest since November and was set for its biggest weekly fall in over two years, swept up in a sell-off in tech stocks at a time when a $1.5 billion hack and doubts about U.S. crypto policy has left industry…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 22,545.05, marking a decline of 1.86%. Intraday, the index reached a high of 22,450.35 and a low of 22,104.85. The Sensex experienced fluctuations within a range of 74,282.43 and 73,141.27, ultimately closing at…
Source: Live Mint One of the key proposals is altering the method of calculating open interest (OI), which represents outstanding buy-sell positions in the derivatives market. Read this | Specialized investment funds: All you need to know about Sebi’s new mutual fund category Sebi also plans to link the market-wide position limit (MWPL)—which caps the…
Source: Live Mint Indian stock market crash: Mounting global trade tensions have rattled investor confidence in risky assets, leading to a wave of selling in Asian equities in today’s session, with Indian markets being no exception. Stocks across all sectors have been witnessing heavy selling pressure since the opening bell, causing the Nifty 50 to…
