The FinTech Hub
Source: Live Mint The upcoming MSCI index review for February 2025 is likely to bring significant changes, with five stocks having a high probability of migrating from the MSCI Small Cap Index to the Standard Index. These anticipated inclusions in the MSCI Standard Index are Coforge, One 97 Communications (Paytm), Coromandel International, UNO Minda and…
Source: Live Mint 52 Week Low Stocks Today on December 20, 2024: Shares of Sanghi Industries, Creditaccess Grameen, P&G Hygiene & Health Care, Spandana Sphoorty Financial, Nestle India hit their fresh 52 wk lows today. Nifty 50 was down by -15.9(-0.07%) points and Sensex was down by -20.07(-0.03%) points at 20 Dec 2024 10:59:57 IST….
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
Source: Live Mint The Nifty IT index continued its winning streak for the third consecutive trading session on Tuesday, December 3, rising by 0.5 per cent to close at 43,754. The index recovered 0.75 per cent from its intraday low, with a strong rally in Persistent Systems and HCL Tech helping keep the index in…
Source: Live Mint Stocks to buy: Domestic brokerage house StoxBox unveiled its “Techno Funda Super 7 picks” for November 2024, showcasing a curated selection of seven stocks that combine stability with growth opportunities. Chosen through comprehensive market analysis, these stock picks are designed to provide both short-term returns and sustained long-term value. Technical Stock Picks…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 3:00 PM IST Shares of Tata group company Trent; consumer electronics firm Dixon Technologies; drug maker Ipca Laboratories; information technology company Coforge; and paint manufacturer Akzo Nobel India hit their respective record highs today. These stocks from the BSE 500 universe…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
Source: Live Mint Information technology (IT) services companies will likely report muted revenue growth at four to six per cent in the current fiscal year 2024-25 (FY25) for a second consecutive year. Despite the challenges, domestic credit rating agency ICRA projects the sector’s operating profit margin (OPM) to remain healthy at ~22 per cent in…
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 2:51 PM IST Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery…
