The FinTech Hub
Source: Live Mint Global brokerage firm Jefferies is cautious about the Indian stock market as it projects a nearly 10 per cent rise in the Nifty 50 benchmark by the end of 2025, setting a December-end target of 26,000. The index hit an all-time high of 26,277.35 on September 27 this year. Jefferies highlighted that…
Source: Live Mint The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services (TCS) and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing…
Source: Live Mint The declining value of the rupee against the US dollar presents a mixed impact on various industries. Some sectors are facing challenges, while others, particularly software exporters, are optimistic about potential benefits in the future. A significant portion of Indian IT services companies’ revenue comes from overseas contracts, particularly in North America….
Source: Live Mint ROE and ROCE are key financial metrics that measure a company’s ability to generate profits from its capital, helping investors assess how efficiently a company is using its resources to grow. A high ROE and ROCE typically signal a strong competitive position, effective management, and the potential for sustainable profits over time….
Source: Live Mint In an equities slump during the holiday-shortened last week, as many as eight of the top ten most valued Indian listed companies lost a cumulative ₹1,65,180.04 crore from market valuation, PTI reported. Among the top 10, banking sector majors HDFC Bank and State Bank of India (SBI) took the biggest hits. Overall,…
Source: Live Mint Buy or sell: After a week marked by significant global events, including the US presidential election and the Federal Reserve meeting, the Nifty Index wrapped up at 24,148. Despite some volatility, the index remains trapped within a trading range of 23,800 to 24,800. The direction of the breakout, either above or below…
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 The US President holds substantial authority over immigration, making the outcome of the upcoming US presidential election crucial for the future of employment-based immigration policies. During his first term, former President Trump enacted Executive Order 13788, “Buy American and Hire American,” which increased restrictions on H-1B visas and led to a notable…
Source: Live Mint The US presidential election in 2024 could have a major impact on the outlook for Indian IT service providers. The outcome could lead to changes in trade policies, visa regulations, and the movement of the US dollar—all crucial factors for Indian IT players. Despite headwinds from a demand slowdown and high interest…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
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