The FinTech Hub
Source: Live Mint Shares of PVR Inox, the country’s largest multiplex network operator, have been experiencing heavy selling pressure from Dalal Street investors in recent sessions. The stock has corrected by 30% over the last six weeks and is down by 37% from its September peak of ₹1,748 per share, now trading at ₹1,100. In…
Source: Live Mint Stock market today: India’s main stock indices dropped on Friday, primarily due to declines in IT giant Infosys and private lender Axis Bank following their quarterly earnings reports. Conversely, Reliance Industries Ltd surged almost 5% after announcing a 7.4% increase in net profit for the December quarter. The leading stock rose 4.44…
Source: Live Mint Penny stock below Re 1: NBFC stock Standard Capital Markets Limited hit upper circuit on Friday for 2nd straight session in a row. The Standard Capital Markets share price opened at ₹0.90 around 2% higher than the previous close of ₹0.88 on the BSE on Friday. The Standard Capital Markets share price…
Source: Live Mint SBI Cards and Payment Services shares received a ratings upgrade from foreign brokerage firm UBS as it expects improvement in the financials of the company. UBS upgraded SBI Cards stock to ‘Neutral’ from ‘Sell’ and increased the target price to ₹800 per share from ₹600 earlier. UBS said it is witnessing signs…
Source: Live Mint Jio Financial Services Q3 Results Live Updates: Jio Financial Services, the billionaire Mukesh Ambani-owned non-banking finance company (NBFC), will announce its Q3 results today. The company has notified the stock exchanges about the announcement of its earnings for the third quarter of FY25 on January 17. Jio Finance share price was trading…
Source: Live Mint Denta Water and Infra IPO price band: The Denta Water and Infra Solution Limited IPO price band has been fixed in the range of ₹279 to ₹294 per equity share of the face value of ₹10. The Denta Water and Infra IPO date of subscription is scheduled for Wednesday, January 22, and…
Source: Live Mint Quant giant AQR Capital Management has upgraded its expectations for the performance of a 60/40 portfolio in the years ahead, saying the classic investing approach is set to benefit from rising returns in the bond market. The $114 billion money manager now anticipates the real return of a global 60/40 strategy —…
Source: Live Mint Infosys share price is expected to open with a downside gap on Friday as indicated by the IT giant’s American Depositary Receipt (ADR) listed on New York Stock Exchange (NYSE). Infosys ADR closed 5.77% lower at $21.57 on January 16, after the company reported its Q3 results. The decline in Infosys ADR…
Source: Live Mint Buy or sell stocks for today: Indian markets continued their positive momentum for the third consecutive session on Thursday, January 16, driven by global trends. Key US CPI data for December was below expectations, raising hopes that the US Federal Reserve might reduce interest rates sooner than anticipated. The expectations for a…
Source: Live Mint (Adds comments and closing prices) NEW YORK, Jan 16 (Reuters) – Cocoa futures on ICE closed sharply lower on Thursday after data on fourth-quarter demand for the chocolate ingredient came in worse than expected. White sugar rallied off Wednesday’s three-year low meanwhile. * London cocoa futures settled down 217 pounds, or 2.5%,…
