The FinTech Hub
Source: Live Mint Billionaire Shiv Nadar, founder of HCL Technologies, has gifted 47 per cent of his stake in HCL Corporation and Vama Delhi to his daughter Roshni Nadar Malhotra as part of a strategic succession plan. India’s India’s third-largest IT service major announced in a regulatory filing to the stock exchanges that Malhotra will…
Source: Live Mint -Indian equity benchmarks rose on Tuesday after closing at seven-month lows in the previous session amid a sharp fall in the rupee and worries over domestic earnings. The Nifty 50 rose 0.26% to 23,144.35 points as of 10:05 a.m. IST, while the BSE Sensex added 0.29% to 76,545.10. The blue-chip indexes lost…
Source: Live Mint The combined market capitalization of five of the top-10 most-valued companies fell by ₹1,85,952.31 crore last week, with HDFC Bank experiencing the largest decline, aligning with a weak trend in the domestic stock market. During the same period, the BSE Sensex dropped 1,844.2 points (2.32 per cent), while the Nifty index shed…
Source: Live Mint The third quarter earnings season kicked off last week with Tata Consultancy Services (TCS) announcing its Q3 results on January 9. Investors are expected to closely monitor the earnings reports for the December quarter (Q3FY25) that will be released next week, with over 60 companies set to announce their results between January…
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: Business Standard Stock Market LIVE Updates, Monday, October 14, 2024: Markets in India were likely to open with a slight upside on Monday, as indicated by GIFT Nifty futures, which were trading around 50 points ahead of Nifty futures last close, at 25,073, around 7:45 AM. Indian stock markets remained in…
Source: Business Standard 3 min read Last Updated : Oct 13 2024 | 4:41 PM IST Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said. Moreover, markets would also focus on…
Source: Live Mint Stock Market Today: HCL Technologies’ market cap touched ₹5 trillion or ₹5 lakh crore mark for the first time on Friday, October 11, as the stock hit a one-year high during the intraday trade. HCL Technologies share price opened at ₹1,800.25 on the BSE, marginally lower than the previous close of ₹1,810…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:01 PM IST Tata Consultancy Services (TCS), India’s largest IT software company, will kick-start the Q2 (September quarter) earnings season on October 10, Thursday. On the same day, another Tata Group IT firm – Tata Elxsi will also announce its July…
Source: Live Mint Stocks to buy: Indian stock market indices, Sensex and Nifty 50, extended its record breaking rally on Monday led by buying across the board. The Sensex scaled a new life-time high of 84,881.73, while the Nifty 50 touched 25,925.80 for the first time. Brokerage firm StoxBox has recommended seven stocks to buy…
