The FinTech Hub
Source: Live Mint Wall Street stocks were mixed on Friday with the S&P 500 and the Nasdaq edging higher, lifted by technology shares, while the Dow Jones dropped. The Dow Jones Industrial Average fell 108.85 points, or 0.25 per cent, to 43,132.38, the S&P 500 gained 12.41 points, or 0.21 per cent, to 5,853.88, and…
Source: Live Mint Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle…
Source: Live Mint Gold raced past the $2,700 mark for the first time on Friday, extending a rally driven by expectations of further monetary policy easing and safe-haven demand due to uncertainty about the U.S. presidential elections and Middle East conflicts. Spot gold rose 0.6% to $2,709.81 per ounce by 1145 GMT, having hit an…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has introduced a three-day liquidity window facility to encourage retail participation in the corporate bond market. In a 16 October circular, the market regulator said it would allow bond issuers to give investors voluntary put options to sell bonds back at specific intervals before…
Source: Live Mint India’s central bank Governor Shaktikanta Das said an interest rate cut at this stage would be “very premature” and risky. While inflation is expected to moderate, there are “significant risks” to the outlook, Das told Bloomberg News Deputy Editor-in-Chief Reto Gregori at the India Credit Forum in Mumbai on Friday. He added…
Source: Live Mint Top Gainers and Losers Today : The **Top Gainers and Losers** Today: The Nifty index closed at 24,749.85, reflecting an increase of 0.42%. During the trading session, the Nifty reached a day high of 24,886.20 and a low of 24,567.65. The Sensex traded within a range of 81,391.15 and 80,409.25, closing 0.27%…
Source: Live Mint Stock market today: Indian stocks showed a smart recovery in the second half of the trading session today, rebounding from an initial weak start. This turnaround propelled the frontline indices to close positively, breaking a three-day losing streak. The Nifty 50 concluded the session with a gain of 0.42%, closing at 24,854…
Source: Live Mint Shriram Finance share price reversed initial losses to jump nearly 4 per cent after the company said its board will meet later this month to consider interim dividend and stock split. The said meeting is slated for Friday, October 25. Following the announcement, Shriram Finance stock jumped as much as 3.61 per…
Source: Live Mint Penny stock Srestha Finvest hogged the limelight in trade on Friday, October 15, as it rose nearly 4 per cent to Re 0.82 after the company announced an Extra-ordinary General Meeting (EGM) to seek shareholders’ approval to fundraising along with other propositions. The penny stock, priced below Re 1, opened at Re…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
