The FinTech Hub
Source: Live Mint Stock market today: Despite heightening geopolitical tensions, the Indian stock market made a strong recovery on Friday, November 29 as strong support from heavyweights such as Bharti Airtel, Reliance Industries, and ICICI Bank helped the frontline indices finish the last trading day of November in positive territory. The Nifty 50 ended the…
Source: Live Mint Expert View: Dr. Ravi Singh, SVP- Retail Research, Religare Broking believes the current market outlook appears unpromising for the next few months, with potential positive momentum likely only after January 15, 2025. He advised initiating fresh long positions only if the Nifty decisively breaches the 24,500 level, as this could indicate the…
Source: Live Mint In an off-beat and tongue-in-cheek tweet, ace investor and stock market expert Shankar Sharma drew a parallel between love marriages and arranged marriages, comparing them to different types of bonds in the financial world. According to Sharma, love marriages are like Triple A (AAA) bonds, while arranged marriages resemble junk bonds. Taking…
Source: Live Mint Non-banking finance company (NBFC) stocks have been hammered by Dalal Street investors in recent weeks, following a mixed performance in the September quarter (Q2FY25). This was driven by a moderation in year-on-year disbursement growth due to a slowdown in unsecured loans (personal, credit cards, MFI) amidst asset quality concerns and regulatory actions….
Source: Live Mint Stock market today: Zee Entertainment Enterprises (ZEEL) share price climbed over 6 per cent to ₹132.15 on Friday, November 29 after shareholders rejected a proposal to reappoint Punit Goenka as a director of the company. The decision was made during the company’s 42nd Annual General Meeting (AGM) on November 28, 2024. In…
Source: Live Mint Buy or sell stocks: The Indian stock market crashed on Thursday, November 28, due to weak global market trends and as heavyweight stocks like Reliance Industries and HDFC Bank dragged down the domestic indices. The Nifty 50 index closed 1.49 per cent lower at 23,914.15 points, compared to 24,274.90 points at the…
Source: Live Mint The Bombay Stock Exchange (BSE) on Friday, November 28, announced that it has revised the price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks, effective Friday, November 29, according to the official exchange filing. “Trading Members of the Exchange are hereby informed that the price band has/have been revised…
Source: Live Mint Suraksha Diagnostic Limited raised ₹253 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, November 28. The company has allocated 57.56 lakh shares to the anchor investors at an allocation price of ₹441 per equity share with a face value of ₹2…
Source: Live Mint Aptex Ecotech IPO: The initial public offer of Aptex Ecotech opened for subscription on November 27 in the price band of ₹71 to ₹73 per share. Aptex Ecotech IPO, worth ₹25.54 crore, is entirely a fresh issue of 34.99 lakh shares. The issue closes for subscription on Friday, November 29, with the…
Source: Live Mint Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. In intra-day trade, the stock briefly gave up the ₹9,000 level to trade at ₹8,992 apiece. The stock has been on a downward…
