The FinTech Hub
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decline on Sunday. The cost of 24 carat gold is Rs.7784.3 per gram, down by Rs.10.0. The cost of 22 carat gold is Rs.7137.3 per gram, also down by Rs.10.0. The price change in 24 carat gold over the past week has…
Source: Live Mint Food delivery giant Zomato revealed that it has granted a total of 11,997,768 shares under its employee stock ownership plans (ESOPs). The announcement was made on Wednesday, October 2, 2024. With Zomato’s shares closing at ₹275.20 on the Bombay Stock Exchange (BSE) during the last trading session of the week, the total…
Source: Live Mint The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking….
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Israel-Iran war: Amid escalating tension in the Middle East due to the Israel-Iran war, oil stocks in India came under selling pressure on the weekend sessions. Rising crude oil prices are also a reason for the oil stock feeling the sell-off heat. The low trading level of the Indian National Rupee (INR)…
Source: Live Mint India’s IPO frenzy: September 2024 witnessed a remarkable surge in initial public offering (IPO) activity, with 41 companies filing their offer documents with the capital markets regulator Securities and Exchange Board of India (SEBI). Presently, 67 companies have filed their Draft Red Herring Prospectus (DRHP) papers with the market watchdog and await…
Source: Live Mint The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x…
Source: Live Mint Stock Market Crash: Domestic equity benchmarks Sensex and Nifty 50 extended losses for the fifth straight session on Friday, October 4, in an exceptionally volatile session, and logged their worst week in over two years amid weak geopolitical tensions and foreign outflows. The market crash comes after a two per cent decline…
Source: Live Mint Dividend Stocks: Shares of several major companies, including Jupiter Wagons Ltd, K.P. Energy Ltd, Shraddha Prime Projects Ltd, and Blue Cloud Softech Solutions Ltd, among others, will trade ex-dividend from Monday, October 7, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have…
Source: Live Mint Foreign portfolio investors (FPIs) continued their buying streak boosted by the latest supersized 50 basis points (bps) interest rate cut by the US Federal Reserve. FPIs made a remarkable comeback to Indian markets this month, snapping their previous moderation, driven by domestic and global factors. They were consistent buyers in June and…
