The FinTech Hub
Source: Live Mint The Indian stock market is seeing increased foreign capital outflows as the ‘sell India, buy China’ strategy gains momentum. China’s latest stimulus package, unveiled in September and October, includes reductions in reserve requirements, mortgage rate cuts, and liquidity injections. It is aimed at boosting overall economic growth and has drawn substantial investor…
Source: Live Mint The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will hold its annual Diwali Muhurat trading session on Friday, November 1, 2024, from 6:00 PM to 7:00 PM, celebrating the start of the Hindu calendar year Samvat 2081. The session marks the start of the new Samvat, the Hindu calendar year…
Source: Live Mint Last week, four of India’s top 10 most-valued companies added a total of ₹81,151.31 crore to their market valuation, with ICICI Bank and HDFC Bank leading the gains. Despite this, the BSE benchmark index declined by 156.61 points, or 0.19 per cent, as per a report by PTI. ICICI Bank’s valuation increased…
Source: Live Mint The domestic market has been on a downward trend influenced by global pessimism, profit-booking due to elevated valuation, and a shift in FII funds. This month, the global market continues to exhibit mixed signals, led by China’s disinflation, geopolitical tensions, and high inflation data. The Fed is expected to delay its 25…
Source: Live Mint Dividend stocks: Shares of major companies, such as HCL Technologies, L&T Technology Services, Dalmia Bharat, Gopal Snacks, and others, are scheduled to trade ex-dividend starting on Monday, October 21, 2024, according to BSE. Some of the major companies have announced various corporate actions, including the share right issue of equity of equity…
Source: Live Mint Foreign Portfolio Investors (FPIs) have been persistently offloading Indian equities throughout October, shifting focus towards more affordable markets, such as China. As of October 17, FPI outflows from the Indian stock market have reached a substantial ₹70,398 crore (approximately $8.38 billion), following robust inflows of ₹57,724 crore in the preceding month. This…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Friday tracking mixed cues from global markets and sustained FII outflows. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,750 level, a discount of…
Source: Live Mint Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- closed in negative territory for the third consecutive session on Thursday, October 17. Sensex closed with a loss of 495 points, or 0.61 per cent, at 81,007, while the Nifty 50 ended 221 points, or 0.89 per cent, lower…
Source: Live Mint Stock market today: Indian stock market benchmarks—the Sensex and the Nifty 50—fell for the second consecutive session on Wednesday, October 16, amid weak global cues. Moreover, unimpressive Q2 earnings and concerns over sticky inflation continued to weigh on sentiment. The Sensex fell 319 points, or 0.39 per cent, to 81,501.36, while the…
Source: Live Mint Indian stock market: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent….
