The FinTech Hub
Source: Live Mint Stock Market Today: Public sector insurer Life Insurance Corporation of India (LIC) clarified in an exchange filing on Thursday, November 28, regarding a recent news item about a potential 50% stake acquisition in ManipalCigna Health Insurance. Business daily The Economic Times today reported that Life Insurance Corporation of India is in discussions…
Source: Live Mint Stock Market Today: Shares of One 97 Communications, the parent company of Paytm, surged nearly 3.40% in Thursday’s trade to hit a 13-month high of ₹950 apiece, bringing the stock closer to the ₹1,000 level. The stock has been drawing significant attention on Dalal Street due to several positive developments, with the…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Thursday amid mixed global cues. At 08:32 IST, The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,474.50 level, a premium of nearly 168…
Source: Live Mint Buy or sell stocks: The Indian stock market experienced significant volatility in Wednesday’s trading session. The rebound in Adani stocks was offset by weak performances from index heavyweights, causing wide fluctuations throughout the session. The Nifty 50 index closed 0.33 per cent higher at 24,274.90 points, compared to 24,194.50 points at the…
Source: Live Mint Foreign portfolio investors (FPIs) made a notable return to Indian equities, ending a 36-session selling streak with net purchases exceeding ₹10,000 crore over two days. After turning net buyers on Monday, November 25, FIIs continued their buying trend on November 26, shows data from NSDL. This shift in sentiment coincided with two…
Source: Live Mint Stock Market Outlook: Indian benchmark indices continued their recovery on Wednesday, November 27, buoyed by favourable political and geopolitical developments. The Sensex climbed 507 points during intra-day trading, reaching a high of 80,511.15, while the Nifty 50 surged over 160 points to touch 24,354.55. This momentum follows a 1.3 per cent gain…
Source: Live Mint Small cap stock: BCL Industries witnessed strong propulsion today after the release of an order book update on Wednesday, November 27, fueling the stock to gain nearly 4 per cent. BCL Industries disclosed that the company had received the acceptance letter on November 26 for a tender offer floated by Rajasthan State…
Source: Live Mint Shares of Indian PSU lenders have made a strong recovery in recent sessions, reversing the weak performance seen in the first half of the current month. This resurgence is largely attributed to the BJP-led NDA’s victory in the Maharashtra assembly elections. The win has sparked optimism that the central government will prioritise…
Source: Live Mint Lamosaic India IPO allotment: Interior decoration products manufacturer Lamosaic India Ltd will likely announce the IPO share allotment on Wednesday, November 27. The public offer closed for bidding on Tuesday and was subscribed more than two times. Lamosaic India IPO investors are now awaiting the finalisation of the Lamosaic India IPO allotment…
Source: Live Mint Israel-Hezbollah Ceasefire: Indian benchmark indices have witnessed some recovery after a notable correction last month, helped by a decisive victory for the BJP-led NDA alliance in Maharashtra state elections. This uptick has pushed the Sensex into positive territory for November, up over 0.5 per cent. Meanwhile, in another encouraging development, Israel and…
