The FinTech Hub
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decrease on Tuesday. The price of 24 carat gold is Rs.7740.3 per gram, reflecting a decline of Rs.160.0. The price of 22 carat gold is Rs.7096.3 per gram, which is down by Rs.150.0. The price change in 24 carat gold over the…
Source: Live Mint Leela Palaces filed for an initial public offering (IPO) of ₹5,000 crore on 20 September. Its listing will expand the roster of publicly traded luxury hotel stocks beyond India Hotels Company, which operates the Taj brand, and EIH, the parent company of the Oberoi chain of hotels. “(The hotel) industry is expecting…
Source: Live Mint Stock market changes: Effective October 1, the Indian financial markets will see significant changes. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have introduced new transaction fees for brokers across various segments. Additionally, the government has implemented a new tax regime for share buybacks, taxing them as dividends. Furthermore, the…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open on a cautious note on Tuesday following mixed cues from global peers after hawkish comments from the US Federal Reserve Chairman Jerome Powell. Asian markets traded mixed, while the US stock market ended higher with the…
Source: Live Mint Unilex Colours and Chemicals IPO: The allotment for Unilex Colours and Chemicals IPO is expected to be completed on Monday, September 30. The ₹31.32 crore IPO was open for subscription between September 25-27. The proposed listing date for Unilex Colours and Chemicals IPO is Thursday, October 3, 2024. The stock will debut…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers and Losers for today reflect a downward trend in the Indian stock market. The Nifty index closed at 26,178.95, marking a decrease of 1.36%. Throughout the trading session, the Nifty reached a high of 26,134.7 and a low of 25,796.65. The Sensex also…
Source: Live Mint The IPO of Subam Papers, which opened for bidding today, September 30, has experienced a lukewarm response from investors. As of 4 p.m., the overall subscription rate was 0.36 times. The portion allocated for retail investors was subscribed at 0.57 times, while the non-institutional investor (NII) portion received bids for 0.36 times….
Source: Live Mint NeoPolitan Pizza and Foods IPO: The initial public offering of NeoPolitan Pizza and Foods opened for subscription on Monday, September 30. Read below for details on subscription status, GMP and key dates. NeoPolitan Pizza and Foods IPO: Subscription status The IPO of NeoPolitan Pizza and Foods was subscribed 0.79 times on the…
Source: Live Mint In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn,…
Source: Live Mint Mumbai: Investors in India’s stock markets lost ₹3.79 trillion on Monday, after the benchmarks fell the most in a day in almost two months on heavy selling by foreign portfolio investors and retail clients. The Nifty shrank 1.41% to 25,810.85, and the Sensex fell 1.49% to 84,299.78. This was the biggest single-day…
