The FinTech Hub
Source: Live Mint Niva Bupa Health Insurance Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, which closed for subscription on Monday, November 11. The public offer was oversubscribed 1.8 times on the final day as investors bid for 31.13 crore shares, compared to 17.28 crore…
Source: Live Mint The Q2 results season so far has sparked concerns in the Indian stock market as numerous companies reported weaker-than-expected earnings and cautious outlooks. Analysis from JM Financial on 157 companies, out of its coverage universe of 275, indicates mixed results across sectors. Nearly half of the companies missed earnings expectations, suggesting a…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday tracking weakness in Asian markets. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,130 level, a discount of nearly 90 points from…
Source: Live Mint Zinka Logistics Solution Limited’s initial public offering (IPO) will open for public bidding on Wednesday, November 13, and close on Monday, November 18. The company operates the BlackBuck app, which caters to truck operators. It gives them the platform to offer payments, telematics, a freight marketplace, and vehicle financing services to help…
Source: Live Mint The much-awaited Swiggy Limited’s initial public offering (IPO) is poised to make its Dalal Street debut on Wednesday, November 13. The food delivery and quick commerce company is expected to finalise its share allotment on Monday, November 11. The successful bidders from the public issue can expect their shares to be credited…
Source: Live Mint The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
Source: Live Mint Penny stock Srestha Finvest is likely to draw investor attention on Monday, November 11, after the company announced it held an extraordinary general meeting (EGM) on Friday, November 8, to approve a special resolution for raising capital through a QIP. In an exchange filing post-market hours on November 8, the NBFC firm…
Source: Live Mint Buy or sell stocks: Indian stock market benchmarks- the Sensex and the Nifty 50- closed with losses for the week ended November 8, primarily due to foreign capital outflow amid concerns over weak Q2 earnings and elevated valuations. A 25 bps rate cut by the US Fed offered no relief as the…
Source: Live Mint Fund managers, advisors and market watchers are always talking about asset allocation. Asset allocation means diversifying your investments across different assets like equity, gold, real estate and fixed return securities among others. Asset prices go through cycles and having a diversified exposure allows you to safeguard overall portfolio returns when any one…
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
