The FinTech Hub
Source: Live Mint The Indian market closed on a lacklustre note for the second session on Thursday, October 10, despite strong cues from global and Asian peers. Selling pressure in IT and pharma stocks kept the frontline indices near their previous day’s levels. Banking stocks, on the other hand, posted notable gains during the session,…
Source: Live Mint Top Gainers and Losers Today : The financial markets exhibited a mixed performance today, with the Nifty closing at 24,981.95, reflecting a modest increase of 0.07%. Throughout the trading session, the Nifty index reached a peak of 25,134.05 and a low of 24,979.40. Meanwhile, the Sensex traded within a range of 82,002.84…
Source: Live Mint Shiv Texchem IPO: The IPO subscription period for Shiv Texchem Limited began on October 8 and will end on October 10. The price band for the Shiv Texchem IPO is set at ₹158-166 per share, with a face value of ₹10. There are several shares available for bidding, and a minimum of…
Source: Live Mint IT giant Tata Consultancy Services (TCS), on Thursday, announced a second interim dividend of ₹10 per share on Thursday. The payment date for the dividend is set for November 5, 2024, with the record date fixed for October 18, 2024. Before that, the company paid a final dividend of ₹28 to its…
Source: Live Mint The National Stock Exchange (NSE) will phase out weekly index derivatives contracts for Bank Nifty, Nifty Midcap Select, and Nifty Financial Services, effective November 13, 18, and 19, respectively, the exchange informed in a circular on October 10. Following these changes, the NSE will offer only the Nifty 50 index for weekly…
Source: Live Mint Indian Renewable Energy Development Agency (IREDA) on Thursday, October 10 reported a net profit of ₹387.74 crore for the quarter ended September 30, 2024, up over 36% uptick from ₹284.73 crore reported in the year-ago period. The net profit figure is also marginally higher than the ₹383 crore it reported during the…
Source: Live Mint Hitachi Energy India Ltd’s shares are up 14% this week, lifting the gains for 2024 so far to as much as 200%. Now, notwithstanding the growth outlook for capital goods companies, retail investors must note that multinational companies such as Siemens, ABB India and Hitachi will always remain expensive given they have…
Source: Live Mint In its Q2FY25 consumer durables earnings preview, domestic brokerage firm Prabhudas Lilladher highlighted weak demand in the sector, largely due to a tepid start to the festive season and heavy rainfall. However, the Wire and Cable (W&C) segment outperformed, driven by robust cable demand from infrastructure projects. Prabhudas Lilladher anticipates its consumer…
Source: Live Mint MUMBAI : Practical knowledge is important. However, it’s not enough to get you an investment advisor (IA), research analyst (RA) or portfolio management service (PMS) licence. India’s market regulator, the Securities and Exchange Board of India (Sebi), requires applicants to have a postgraduate degree or professional certifications in finance-related (specified) fields to…
Source: Live Mint Pranik Logistics IPO: The Subscription period for the Initial Public offering started on October’10 and ends on 15 October 2024. Check subscription status, GMP, key dates and other key details Pranik Logistics IPO: Subscription details The Pranik Logistics IPO had received 2.08 times subscriptions on October 10, 2024, by 4.10 PM. The…
