The FinTech Hub
Source: Live Mint Bajaj Finance Q3 Results: Bajaj Finance Limited announced its October to December quarter results on Wednesday, January 29. The non-banking financial company (NBFC) recorded a nearly 17 per cent rise in net profit for the third quarter of the financial year 2024-25 at ₹3,706 crore, compared to ₹3,177 crore in the same…
Source: Live Mint Netweb Tech share price: Snapping their eight-session losing streak, shares of high-end computing solutions provider Netweb Technologies surged as much as 10 per cent to hit its upper circuit in early trade on the BSE on Wednesday, January 29. Netweb Technologies’ share price opened at ₹1,491.05 against its previous close of ₹1,460.35…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday following a rally in global equities. Asian markets gained, while the US stock market ended higher overnight amid a rebound rally led by technology stocks. The US Federal Reserve will announce its…
Source: Live Mint In Budget 2025, the government will continue to prioritise fiscal prudence to foster economic growth, says Manish Chowdhury, Head of Research at StoxBox. He believes tax reforms may be a key highlight of the Budget, with rationalised tax rates likely to relieve taxpayers and increase consumption, thereby boosting demand. In an interview…
Source: Live Mint The Indian stock market commenced 2025 on a negative trajectory, experiencing a sharp sell-off across all sectors. Both benchmark indices, Sensex and Nifty 50, have declined by over 3% in January to date. The downturn in the equity market has been primarily driven by a trifecta of factors: subdued corporate earnings, stretched…
Source: Live Mint With less than a week to go for the Union Budget 2025, discussions around capital gains tax have centre stage among market participants. While the concept of capital gains tax is not new, its structure and recent amendments have significantly influenced market sentiments. Capital gains tax is levied on the profit earned…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, tracking weakness in global markets. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,932 level, a discount of nearly 180 points from…
Source: Live Mint Expert view: Anil Rego, Founder and Fund Manager at Right Horizons, believes a significant correction after the Budget 2025 is unlikely. In an interview with Mint, Rego said the Indian stock market has demonstrated resilience, supported by robust investor participation and improving fundamentals. Discussing the impact of Donald Trump’s policies on India,…
Source: Live Mint Upcoming IPO: Jamnagar-based shipping and logistic solutions provider Shreeji Shipping Global Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Saturday, January 25. The company aims to raise funds via a fresh issue of shares from the Indian stock…
Source: Live Mint Expert View: India Inc and stock market participants await the presentation of the Union Budget 2025 in the coming week amid broad expectations for policy announcements to boost the slowing economy. Market participants are hopeful for robust measures to drive urban consumption and lower income tax slabs for the middle class while…
