The FinTech Hub
Source: Live Mint Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are…
Source: Live Mint The Indian front-line indices made a significant rebound during the second half of the trading session today, October 29, recovering from an initial downturn that saw them tumble sharply in the first half of the day. This recovery was primarily driven by strong performances from heavyweights such as Reliance Industries and HDFC…
Source: Live Mint Pharma major Cipla Ltd on Tuesday reported an 15.2% year-on-year rise in its consolidated net profit for the fiscal’s second quarter ended September (Q2FY25) to ₹1,303.53 crore. The company had reported a profit of ₹1,177.64 crore in the year-ago period. Sequentially, the consolidated net profit was up 10.6%. Cipla’s consolidated revenue from…
Source: Live Mint Maruti Suzuki India, the largest passenger car manufacturer in India, on Tuesday reported a net profit of ₹3,069.2 crore for the second quarter of FY25, registering a fall of 17.4% from ₹3,716.5 crore in the same quarter last fiscal year. Maruti Suzuki’s revenue from operations in Q2FY25 increased marginally by 0.4% to…
Source: Live Mint Expert view: India is relatively better placed, but valuation is a concern, says Surjitt Singh Arora, Portfolio Manager, Portfolio Management Services, PGIM India Asset Management Pvt. Ltd. In an interview with LiveMint, Arora says he is cautious about the mid-and small-cap segments in the near term. The broader market may see some…
Source: Live Mint Karnataka Bank Share Price Today on : At 29 Oct 11:32 today, Karnataka Bank shares are trading at price ₹202.25, 0.62% up from the previous closing price. Sensex is trading at ₹79573.66, down by -0.54%. The stock has hit a high of ₹204.25 and a low of ₹200.35 during the day. On…
Source: Live Mint Bitcoin prices jumped past $71,000 for the first time since June on Tuesday, boosted by inflows into dedicated exchange-traded funds and speculation about the US Presidential Election next week. The largest digital asset, Bitcoin was up 5% at $71,020. Bitcoin prices hit an all-time high of $73,750 in March and have jumped…
Source: Live Mint Shares of Suzlon Energy, India’s largest renewable energy solutions provider, jumped nearly 4% at ₹73.50 apiece on Tuesday, October 29, as investors responded positively to the company’s September quarter results. The company released its Q2FY25 results during market hours on Monday, delivering a healthy performance, though it came in slightly below analysts’…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Breakout stocks to buy or sell: Following strong global market sentiments, the Indian stock market snapped a five–day losing streak on Monday. The Nifty 50 index gained 158 points and closed at the 24,339 mark, the BSE Sensex surged over 600 points and regained the psychological 80,000 mark, whereas the Nifty Bank…
