The FinTech Hub
Source: Live Mint Multibagger Stock: CarTrade Tech, one of India’s largest online classifieds and auto auction platforms, has been making remarkable strides on Dalal Street in recent months, with its shares continuing to surge despite broader market weakness. The stock, which began its upward rally in October 2024, has maintained strong momentum, gaining 90% to…
Source: Live Mint A small-cap stock, backed by global financial giant Goldman Sachs and held by popular domestic institutional investors (DIIs), plunged to a record low in intraday trade on Thursday, February 13, a day after the company disclosed that one of its promoters had pledged shares. Archean Chemical Industries’ share price crashed as much…
Source: Live Mint Shares of Vakrangee, one of India’s largest last-mile distribution platforms, surged 4.95% in intraday trade on February 13 to reach ₹15.92 per share, its upper price band, after the company announced that the Reserve Bank of India (RBI) had renewed its authorisation for White Label ATMs. In an exchange filing on Wednesday,…
Source: Live Mint AU Small Finance Bank Limited (AU SFB), in an exchange filing, announced on Thursday, February 13 that the Reserve Bank of India (RBI) has approved Temasek’s Zulia Investments to acquire up to 7 percent stake in the company. “We hereby inform that AU Small Finance Bank Limited (“AU SFB”) has received a…
Source: Live Mint ICICI Bank share price will be in focus on Thursday after its joint venture partner Prudential plc is considering listing of ICICI Prudential Asset Management by partial divestment of its stake in the company. “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a flat note on Thursday following mixed global market cues. The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,135 level, a premium of nearly…
Source: Live Mint The National Commodity & Derivatives Exchange Limited (NCDEX) on February 12 announced its entry into the equity and equity derivatives segment, making a significant diversification beyond its traditional agri-focused market. The decision was taken in the 155th Board Meeting of NCDEX held on Wednesday. “The Board of Directors of the Exchange at…
Source: Live Mint Buy or sell stocks: The Indian stock markets continued their losing streak for the eighth successive session, crashing over 900 points on Wednesday’s intraday session before recovering amid mixed global cues. The Nifty 50 index closed 0.12 per cent lower at 23,045.25 points, compared to 23,071.80 points in the previous stock market…
Source: Live Mint IFCI Q3 Results: Industrial Finance Corporation of India, or IFCI Limited, announced its October to December quarter on Wednesday, February 12. The company’s net loss for the third quarter of the financial year 2024-25 jumped 486 per cent to ₹59 crore, compared to a net profit of ₹10.06 crore in the same…
Source: Live Mint The Securities and Exchange Board of India (Sebi) on Wednesday floated a consultation paper, proposing changes to the rules regarding advance fees charged by investment advisers (IAs) and research analysts (RAs). The market regulator’s proposal seeks to reassess the period for which these professionals can collect advance fees from their clients, with…
