The FinTech Hub
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday tracking weak global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,721 level, a discount of nearly 60 points from…
Source: Live Mint Stock market today: The domestic stock markets avoided a significant drop on Wednesday, January 8, as the index heavyweights like Reliance Industries supported the indices to recover and close marginally in the red zone. The Nifty 50 index closed 0.08 per cent lower at 23,688.95 points, compared to 23,707.90 points at the…
Source: Live Mint Small-cap stock: Shares of small-cap stock Pradhin Limited hit its upper circuit on Wednesday, despite a weak market, before recovering to an extent to close at ₹29.30 on January 8. The Small-cap stock under ₹50 announced that the board of directors has scheduled a board meeting on January 17, 2025, to consider…
Source: Live Mint Upcoming IPO: Chennai-based residential real estate developer Casagrand Premier Builder received market regulator Securities and Exchange Board of India’s (SEBI) nod to launch an initial public offer (IPO). The firm received final observations from SEBI on December 31, 2024, which in market parlance suggests approval for the IPO. Casagrand Premier Builder had…
Source: Live Mint Fabtech Technologies Cleanrooms IPO allotment: Investors are keenly eyeing the allotment of Fabtech Technologies Cleanrooms IPO following the closure of its initial public offer (IPO). Fabtech Technologies Cleanrooms IPO allotment status date is likely January 8, 2025. The public offer, which ran for subscription from January 3 to January 7, witnessed a…
Source: Live Mint Leo Dryfruits & Spices Trading IPO Listing: Leo Dryfruits & Spices made a strong debut on the bourses on Wednesday, January 08, 2024, as the stock got listed at ₹68 apiece on BSE SME, a premium of 31% over the issue price of ₹52. Following the strong debut, the stock tumbled 2.2%…
Source: Live Mint Spandana Sphoorty share price: Small-cap sock Spandana Sphoorty Financial has been on a roll for the last two days. After skyrocketing 20 per cent in the previous session, the small-cap stock jumped 15 per cent in morning trade on BSE on Wednesday, January 8. Spandana Sphoorty share price opened at ₹405 against…
Source: Live Mint Recent high-frequency economic data highlights the persistent macroeconomic challenges in India, including subdued GST collection growth, fluctuating automobile sales, and currency volatility, according to InCred. These factors have contributed to cautious market sentiment, with the Nifty 50 index likely to remain in a consolidation phase due to prolonged risks to GDP and…
Source: Live Mint Multibagger stock: Education provider Vantage Knowledge Academy Limited announced an interim dividend issue offering ₹0.10 per equity share, according to an exchange filing on Tuesday, January 7. The company is offering 10 per cent of the face value of a share, and the face value is Re 1 per share. The company…
Source: Live Mint Indian corporates have reported subdued quarterly earnings in the current financial year (FY25). The June quarter (Q1) results were weak, and the September quarter (Q2) numbers were even weaker, triggering a significant market correction as valuations were trading at a premium. Hopes of a revival in the earnings trend from the December…
