The FinTech Hub
Source: Live Mint JSW Cement Limited, part of the multinational conglomerate JSW Group, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise ₹4000 crore through an initial public offering (IPO). The company had filed its IPO papers with the markets regulator on August 16. The IPO,…
Source: Live Mint Bitcoin slumped to an almost two-month low as investors dumped riskier assets after a sharp rise in bond yields. The original cryptocurrency dropped 3.6% to $90,957 on Monday, its lowest since Nov. 26 and well below the peak of $108,316 it reached in December. Other cryptoassets were also in the red, with…
Source: Live Mint Real estate stocks emerged as the biggest laggards in the stock market crash on January 13, as all 10 constituents of the Nifty Realty index tumbled between 5% and 10%, causing the index to lose 6.50%. This was the index’s biggest intraday drop in the last seven months. Various factors, such as…
Source: Live Mint The IPO of Quadrant Future Tek, which concluded recently, will see its shares debut on the Indian stock exchanges on Tuesday, January 14. As the Quadrant Future Tek IPO listing date approaches, investors’ focus has shifted to the potential listing gains, typically judged by looking at the grey market premium (GMP). Ahead…
Source: Live Mint After delivering moderate returns in 2024, Indian markets have lost 2.3 per cent in January 2025 so far. Today is the fourth straight day of losses for the benchmarks that have fallen in six out of the nine trading sessions so far in January. The losses come amid rising crude oil prices,…
Source: Live Mint On September 27, Indian equity benchmark indices, the BSE Sensex and NSE Nifty50, climbed to new record highs. The Nifty50 reached a record high of 26,277.35 but closed the trading session in red with a decline of 37.13 points, or 0.14 per cent, settling at 26,178.95. Meanwhile, BSE Sensex index reached an…
Source: Live Mint Stock Market Today: Inox Wind share price dipped up to 3.7% in the intraday trades on Monday despite various short-term facilities being upgrades by Care Ratings. The Inox Wind share price opened at ₹153.70 on the BSE on Monday, more than 1% lower than the previous close of ₹155.35. The Inox Wind…
Source: Live Mint MUMBAI – The Indian rupee dropped past 86 per U.S. dollar for the first time ever on Monday following a blowout U.S. jobs report that compounded the pressure from weak inflows and higher hedging activity. The rupee declined 0.4% to a lifetime low of 86.3900 per dollar, tracking the weakness in Asian…
Source: Live Mint Leading automaker Maruti Suzuki has announced its board meeting for January 29, 2025, to review and approve the company’s unaudited financial results for the quarter ending December 31, 2024. The update was shared in a regulatory filing, which stated, “Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,…
Source: Live Mint Wockhardt share price jumped as much as 4 per cent in early trade on Monday, January 13, defying weak market sentiment. Wockhardt shares opened at ₹1,375.05 against their previous close of ₹1,386.95 and soon jumped 4 per cent to the level of ₹1,441.95. However, they pared some gains; around 10:50 AM, the…
