The FinTech Hub
Source: Live Mint The rise of green finance – financial investments aimed at supporting environmentally friendly and sustainable projects – has become a crucial factor in advancing India’s renewable energy goals. With India committed to deriving 50% of its power generation capacity from non-fossil-fuel sources by 2030 and various financial institutions and companies pledging ₹32…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Live Mint KPIT Technologies Share Price Today on : At 09 Oct 11:04 today, KPIT Technologies shares are trading at price ₹1725.5, 0.65% up from the previous closing price. Sensex is trading at ₹82246.55, up by 0.75%. The stock has hit a high of ₹1741 and a low of ₹1718.05 during the day. On…
Source: Live Mint Navratna PSU stock: RITES Ltd, a Navratna PSU, is making waves in the stock market today, with shares surging by 7% on news of a major international deal. The mid-cap infrastructure consultancy has inked a groundbreaking partnership with Etihad Rail, positioning itself for significant rail infrastructure projects in the UAE. Shares reached…
Source: Live Mint Breakout stocks to buy or sell: Even though foreign portfolio investors (FPIs) continued selling Indian equities, strong support from domestic institutional investors (DIIs) underpinned the Indian stock market in the previous session on Tuesday, October 8, as the benchmarks, the Sensex and the Nifty 50 saw healthy gains of almost a per…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday tracking gains in global markets and ahead of the RBI policy announcement. The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 25,145 level, a…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Wednesday, October 9, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint Brokers collect exchange transaction fees from traders and pass them on to exchanges; however, exchanges used to give these brokers discounts for fetching massive volumes, something the brokers used to keep for themselves. The debut of the new regime on 1 October ends this practice, forcing brokers to transfer the entire transaction…
Source: Live Mint Hyundai Motor India IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India Ltd will open for subscription on Tuesday, October 15, 2024. The IPO of the Indian subsidiary of South Korea’s Hyundai Motor Company is set to become the largest public issue in India, surpassing Life…
Source: Live Mint US-based short seller Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key metrics for Wall Street, the short seller said in its report titled ‘Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids’, released on Tuesday, October 8….
