The FinTech Hub
Source: Live Mint Indian IT stocks experienced a sharp sell-off in Wednesday’s trade, leading the Nifty IT index to plunge by 3.7% to 41,820 points, falling below the 42,000 mark for the first time since September 9. This decline has pushed the index to a two-week low. All 10 constituents are currently trading with significant…
Source: Live Mint US Fed meeting underway: The much-awaited event is here. After over four years, the US Federal Reserve is expected to start the rate-reduction cycle on Wednesday, September 18, as inflation has eased considerably in the US while the jobs market is showing signs of cooling off. Rate cuts are overall positive for…
Source: Live Mint Responsive Industries announced that it anticipated substantial growth following a major government infrastructure initiative. Moreover, brokerage house Ventura Securities has initiated coverage with a buy call on the mid-cap stock with a target price of ₹436, implying an upside potential of 48 per cent in the next two years. Exchange Filing Responsive…
Source: Live Mint At 18 Sep 11:15 today, Bharti Airtel shares are trading at price ₹1665.15, 0.22% up from the previous closing price. Sensex is trading at ₹83274.51, up by 0.23%. The stock has hit a high of ₹1666.5 and a low of ₹1654.1 during the day. On the technical front, the stock is trading…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a modest increase on Wednesday. The price of 24 carat gold stands at Rs.7351.0 per gram, reflecting an increase of Rs.180.0. The price of 22 carat gold is recorded at Rs.6757.0 per gram, which is up by Rs.200.0. The price change for 24 carat…
Source: Live Mint RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL), as per an exchange filing. Reliance Power share price closed in the green, up 1 per cent, at ₹31.41, on September 17, on BSE….
Source: Live Mint Stock Market Today: The wait for interest rate cut decision by the US Federal Reserve continues keeping the market participants cautiously optimistic and thereby markets range bound, though with a positive bias. The benchmark Nifty 50 index on Tuesday ended with gains of 0.14% at 25,418.55 up 34.80 points. S&P BSE Sensex…
Source: Live Mint Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open flat on Wednesday following a mixed trend in global markets ahead of the US Federal Reserve monetary policy decision later today. Asian markets traded mostly higher, while the US stock market closed mixed overnight ahead of…
Source: Live Mint Shares of DCX Systems rose 5 percent, reaching the upper circuit limit of ₹345 on September 17, following the announcement that its subsidiary received an industrial license from the Cochin Special Economic Zone (CSEZ) to manufacture and test microwave submodules, as well as avionics and defense electronic equipment. The newly obtained license…
Source: Live Mint Multibagger Stock: Investing in the stock market can yield substantial rewards when the right stocks are chosen, but it can also lead to disappointing outcomes if investments are made unwisely. Fortunately, shareholders of Refex Industries have reasons to celebrate, as the shares of this company delivered phenomenal returns. Recently, the stock has…
