The FinTech Hub
Source: Live Mint Here’s a quick look at stocks likely to be in focus in Monday’s trade after declaring their respective March quarter results (Q4FY25). Several prominent companies announced their March quarter (Q4FY25) earnings ahead of the trading session on Monday, setting the stage for stock-specific action in the market. From tech giants like Infosys…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open flat on Wednesday amid mixed global cues. The trends on Gift Nifty also indicate a muted opening. On Tuesday, the Indian stock market ended sharply lower, with both the benchmark indices plunging more than 1.5% each. The Sensex…
Source: Live Mint Indian stock market: The Indian stock market ended in the red as investors booked profits amid weak global signals, on Friday, March 28. Market sentiment remained fragile due to US President Donald Trump’s tariff policies. The Sensex declined by 192 points (0.25%) to close at 77,414.92, while the Nifty 50 dropped 73…
Source: Live Mint Bank of America (BofA) Securities has projected that the Nifty 50 index could reach 25,000 by December 2025, highlighting its attractive valuations following recent corrections. This forecast suggests a potential upside of approximately 11 percent from its current level of 22,545. Despite this optimism, BofA remains conservative regarding earnings expectations, positioning its…
Source: Live Mint The government in its Union Budget for 2025-26 proposed raising the foreign direct investment (FDI) limit for India’s insurance sector to 100% from 74%—meeting a long-awaited industry demand. So why did the stocks of most Indian insurance companies end the day flat to negative? The simple reason for that being that well-established…
Source: Live Mint HDFC Life Insurance Company announced a 15 per cent increase in its consolidated net profit for the December quarter, reaching ₹421.31 crore compared to ₹367.54 crore in the same period last year. The company’s net premium income for Q3FY25 rose by 10 per cent, totaling ₹16,832 crore, up from ₹15,273 crore in…
Source: Live Mint A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year. An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 6:54 PM IST New business premiums of life insurance companies grew 21.8 per cent year-on-year (YoY) to Rs 32,644.09 crore in August, aided by robust growth in premiums of state-owned Life Insurance Corporation (LIC). LIC’s new business premium growth was…
