The FinTech Hub
Source: Live Mint The Indian stock market has seen an accelerated week-on-week decline this month. The bearish trend, which began in the last week of September, has been ongoing for about a month. Interestingly, global equity markets have been experiencing high volatility since June-July, approximately 2-3 months earlier. This indicates that the domestic sell-off occurred…
Source: Live Mint Dividend Stocks: Shares of several major companies, including ICICI Lombard General Insurance Company Ltd, Infosys Ltd, Mazagon Dock Shipbuilders Ltd, Birlasoft Ltd, Dodla Dairy Ltd, Godrej Consumer Products Ltd, Tech Mahindra Ltd, NTPC Ltd, and R R Kabel Ltd among others, will trade ex-dividend from Monday, October 28, according to data collected…
Source: Live Mint While valuing a stock is crucial, relying solely on valuation can be misleading. During periods of market turmoil, it’s the quality of a company that ultimately stands the test of time, according to Saurabh Mukherjea, the founder of Marcellus Investment Advisors. In a conversation with Mint on an episode of ‘How To…
Source: Live Mint Shares of Poonawalla Fincorp, the Cyrus Poonawalla Group-promoted non-banking financial company (NBFC), crashed on Friday after the firm posted a net loss in the September quarter of the financial year 2024-25. Poonawalla Fincorp shares tanked 16.89 per cent to ₹297.65, compared to ₹358.15 at the previous market close. The company released its…
Source: Live Mint Bank of Baroda Q2 result: Bank of Baroda (BoB) on Friday, October 25, reported a nearly 23.2 per cent year-on-year (YoY) rise in standalone net profit at ₹5,238 crore for the quarter ended September 30, 2024. In the same quarter last year, the company reported a profit of ₹4,253 crore. On the…
Source: Live Mint Afcons Infrastructure IPO: The initial public offering (IPO) of Afcons Infrastructure Limited has opened today. Bidding for the Afcons Infrastructure IPO will begin at 10:00 AM during Friday deals. The flagship infrastructure engineering and construction company of the diversified conglomerate Shapoorji Pallonji has set the Afcons Infrastructure IPO date from 25th October…
Source: Live Mint IndusInd Bank Q2 result: Private sector lender IndusInd Bank on Thursday, October 24, reported a 39.5 per cent year-on-year (YoY) decline in consolidated net profit at ₹1,331.29 crore for the September quarter of the current financial year (Q2FY25). In the same quarter last year, the bank had reported a profit of ₹2,202.16…
Source: Live Mint Although the outcome of the US election 2024 may not immediately cause a knee-jerk reaction in the Indian stock market, it is expected to significantly impact Indian investors in multiple ways. As a major economic and military power, the United States policies and strategies could significantly impact India, especially in defence, trade,…
Source: Live Mint Stock market today: A sharp selloff hit the Indian stock market on Tuesday, October 22, pulling down the benchmark indices, Sensex and Nifty 50, by more than 1% each. The Sensex ended the day down by 931 points, or 1.15%, closing at 80,220.72, while the Nifty 50 dropped 309 points, or 1.25%,…
Source: Live Mint With major equity markets near their all-time highs and gold shining equally brightly, investors face a dilemma: Should they ride the wave or prepare for a potential downturn? With growing uncertainties and stretched valuations, are risks overwhelming opportunities? Central banks worldwide are walking a tightrope between managing inflation and supporting economic growth,…
