The FinTech Hub
Source: Live Mint RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL), as per an exchange filing. Reliance Power share price closed in the green, up 1 per cent, at ₹31.41, on September 17, on BSE….
Source: Live Mint Stock Market Today: The wait for interest rate cut decision by the US Federal Reserve continues keeping the market participants cautiously optimistic and thereby markets range bound, though with a positive bias. The benchmark Nifty 50 index on Tuesday ended with gains of 0.14% at 25,418.55 up 34.80 points. S&P BSE Sensex…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open flat on Wednesday following a mixed trend in global markets ahead of the US Federal Reserve monetary policy decision later today. Asian markets traded mostly higher, while the US stock market closed mixed overnight ahead of…
Source: Live Mint Shares of DCX Systems rose 5 percent, reaching the upper circuit limit of ₹345 on September 17, following the announcement that its subsidiary received an industrial license from the Cochin Special Economic Zone (CSEZ) to manufacture and test microwave submodules, as well as avionics and defense electronic equipment. The newly obtained license…
Source: Live Mint Multibagger Stock: Investing in the stock market can yield substantial rewards when the right stocks are chosen, but it can also lead to disappointing outcomes if investments are made unwisely. Fortunately, shareholders of Refex Industries have reasons to celebrate, as the shares of this company delivered phenomenal returns. Recently, the stock has…
Source: Live Mint PMEA Solar Tech Solutions, a prominent Indian manufacturer of solar tracking and mounting products based in Mumbai, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) to raise capital through an initial public offering (IPO). The IPO, which has a face value of ₹10…
Source: Live Mint The KRN Heat Exchanger and Refrigeration IPO will open for subscription on September 25, 2024, and will close on September 27, 2024. Bidding for anchor investors is scheduled for September 24, 2024. The company has not yet announced the price band for the issue. According to the Red Herring Prospectus (RHP), the…
Source: Live Mint In the first half of 2024, India recorded the highest number of mainboard-listed companies, more than 5,450 globally, which is around 25 per cent of global IPO listings. The global IPO market reached its peak in 2021. However, India has been an outlier with listings in the last year due to solid…
Source: Live Mint Brent crude futures have lost nearly 25 per cent year-to-date (YTD) over softer demand and a low-risk premium so far in 2024. At its lowest in the last nine months, the crude oil benchmark declined to a 33-month low at under $70 per barrel due to continued weakness in Chinese economic growth…
Source: Live Mint Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will grow if the U.S. Federal Reserve lowers borrowing costs this week, as is widely expected. U.S. crude oil futures gained $1.31, or 1.9%, to $71.40 by 12:03 p.m. ET (1603 GMT). Brent crude…
