The FinTech Hub
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint Multibagger stock Lloyds Metals & Energy surged nearly 5 per cent to its all-time high level on Monday, December 9, driven by a bullish outlook from brokerage firm Incred Equities. The stock hit a new high of ₹1,099 in intra-day trading, reflecting investor optimism after Incred Equities initiated coverage on the stock…
Source: Live Mint Indian equity markets struggled to gain traction on Monday, December 9, as significant declines in FMCG and heavyweight stocks like Reliance Industries dragged the benchmark indices lower for the second consecutive session. While banking stocks, particularly from the HDFC Bank and the IT pack, provided some support to the market, they were…
Source: Live Mint Indian Stock Market: The Indian stock market has shown remarkable resilience in 2024, with benchmark indices Sensex and Nifty delivering double-digit returns despite global economic challenges and market volatility. This performance highlights the strength of India’s economy amid geopolitical tensions, elevated inflation, and sluggish global growth. Benchmark Nifty has gained almost 3,000…
Source: Live Mint Stock market holiday: The Maharashtra government has declared Friday, December 6, a local holiday for Mumbai and suburban areas in honour of Mahaparinirvan Diwas 2024. The public holiday has raised questions about whether trading activities at the stock exchanges Bombay Stock Exchange (BSE) and National Exchange (NSE) will also be impacted on…
Source: Live Mint Expert View: Dr. Ravi Singh, SVP- Retail Research, Religare Broking believes the current market outlook appears unpromising for the next few months, with potential positive momentum likely only after January 15, 2025. He advised initiating fresh long positions only if the Nifty decisively breaches the 24,500 level, as this could indicate the…
Source: Live Mint SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Investors who had invested ₹1.5 lakh in its IPO in February 2016 would have turned ₹51 lakh till now. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of…
Source: Live Mint Private sector lender HDFC Bank surged over 3 per cent in intra-day deals on Monday, November 25 to a fresh record high of ₹1801.90. This is the first time the stock has crossed the ₹1,800 mark. The rally comes as the broader market gained significantly, driven by the BJP-led NDA’s victory in…
Source: Live Mint Indian Stock Market: Foreign institutional investors (FIIs) continue to remain net sellers in the Indian stock markets for the second consecutive month, with November following a pattern similar to that of October. This shift comes after a period of sustained net buying, which lasted for four months from June to September. The…
Source: Live Mint After a significant correction over the past month, Indian benchmark indices have shown signs of recovery. Both the Sensex and Nifty 50 extended gains on Monday, November 25, marking the second consecutive day of upward movement. The surge followed the landslide victory of the BJP-led NDA alliance in the state elections in…
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