The FinTech Hub
Source: Live Mint The success of India’s biggest-ever initial public offering from Hyundai Motor India Ltd came down to one key factor: a strong response from qualified institutional buyers (QIBs). But the portion set aside for retail investors, who have been driving demand in the primary market this year, wasn’t even fully subscribed. QIBs, or…
Source: Live Mint Food delivery giant Zomato on Thursday, October 17 announced that a meeting of its board of directors is slated for next week to consider raising funds via qualified institutional placement (QIP). The said meeting is slated to take place on Tuesday, October 22. “… a meeting of board of directors of the…
Source: Live Mint Investor interest in small-cap stocks on Dalal Street seems to be gradually fading, as many of them are now trading significantly below their recent highs. This decline in enthusiasm follows a period when small-cap stocks garnered substantial attention, which drove their valuations to elevated levels. In recent years, small-cap stocks benefited from…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty Index concluded the trading session at 24,971.3, reflecting a decline of 0.89%. Throughout the day, the Nifty reached a high of 25,029.5 and a low of 24,728.9. Meanwhile, the Sensex fluctuated within the range of 81,781.4 and 80,905.64, ultimately…
Source: Live Mint Wipro bonus issue: IT major’s board approves 1:1 issue of free shares Read Full Article
Source: Live Mint L&T Technology Services Ltd (LTTS), a tier-2 IT company, is grappling with the challenge of balancing revenue growth and margins. In the September quarter (Q2FY25), its constant currency (CC) revenue grew by a decent 3.4% sequentially, marking a recovery from a seasonally weak Q1. All three key verticals—mobility, sustainability, and hi-tech—returned to…
Source: Live Mint Diwali 2024 Stock Picks: Indian stock market has been volatile this year on the back of uncertain global developments amid strong domestic macroeconomic conditions. The benchmark Nifty 50 has risen more than 25% in the past 12 months period, while analysts expect the volatility in the Indian stock market to continue going…
Source: Live Mint Deepak Builders & Engineers India, an engineering and construction company, will commence its maiden share sale for subscription from Monday, October 21, and it will end on October 23. The allocation to anchor investors is scheduled to take place on Friday, October 18. The Punjab-based company has fixed the price range for…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are seeing extreme market volatility led by rising geopolitical tensions in the Middle East, a bumper 50 bps interest rate cut by the US Federal Reserve and the outcome of state elections in India. Brokerage firm PL Capital stated that the Nifty 50 is…
Source: Live Mint Angel One Share Price Today on : At 17 Oct 11:23 today, Angel One shares are trading at price ₹3123.45, -3.42% down from the previous closing price. Sensex is trading at ₹81105.62, down by -0.49%. The stock has hit a high of ₹3234.9 and a low of ₹3111.95 during the day. On…
