The FinTech Hub
Source: Live Mint In its latest earnings review, Motilal Oswal Financial Services (MOSL) observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year (YoY) decline. Despite the subdued overall growth, the Nifty 50 index managed a 4 per cent YoY increase, surpassing MOSL’s estimate of 3…
Source: Live Mint Metal stocks: The recent surge in alumina prices has brought increased attention to metal stocks such as Vedanta, National Aluminium Company (NALCO), Hindalco Industries, Arfin India, Century Extrusions, Maan Aluminium, and MMP Industries. An increase in alumina prices usually translates into an increase in aluminium prices eating away the profits generated by…
Source: Live Mint Subsidiaries have become a significant source of growth for Indian companies, helping them de-risk a bit from their core business. According to a Mint analysis of 1,135 companies for which the past 15 years of data is available, India Inc now generates 30% of its consolidated revenue through subsidiaries, up from 20%…
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 2:22 PM IST The NSE Nifty Metal index stood tall in an otherwise weak market on Monday, gaining as much as 1.6 per cent at 10,225 in intra-day deals. Meanwhile, the NSE Nifty 50 index had shed 1.3 per cent or…
Source: Business Standard 2 min read Last Updated : Sep 26 2024 | 6:28 AM IST Market View Nifty: CMP: 26,004.15 Markets experienced a volatile session but managed to extend their upward trend, with a sharp rally in the last half hour pushing Nifty to close near the day’s high at 26,004.15….
Source: Business Standard Stock Market, Market, Crash, Funds, up, Stock, Lost, decline, statistic, Crisis, Capital, BSE, NSE, Bull, (Photo: Shutterstock) 1 min read Last Updated : Sep 25 2024 | 6:44 AM IST Buy Hindalco | CMP: Rs 717 | Stop Loss: Rs 695 | Target: Rs 760 Price has broken out of…
Source: Live Mint Domestic equity benchmarks Sensex and Nifty 50 extended their winning streak for the fourth consecutive session on Tuesday, September 24, before settling flat, having swung between slight gains and losses through the day. The boost to metal stocks from China’s new stimulus measures was offset by profit-booking, especially in select banking and…
Source: Live Mint Stock Market Today: Nifty metal Index gained more that 2% during the intraday trades on Tuesday. While National Aluminium Company and NMDC were leading the gains having risen close to 5% and even above, Steel Authority of India Ltd Vedanta, Tata Steel, Hindalco were also not far behind. Even Hindustan Copper, Hindustan…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. IRCTC: Life Insurance Corporation of India (LIC) has raised its shareholding in Indian Railway Catering and Tourism Corporation (IRCTC) to approximately 9.3 percent, as revealed in a regulatory filing on Thursday. LIC’s stake in the railway sector ‘miniratna’…
