The FinTech Hub
Source: Live Mint Foreign Portfolio Investors (FPIs) continued their selling streak in the Indian equity markets for the third consecutive month in March 2025. Following net outflows of ₹78,027 crore in January and ₹34,574 crore in February, FPIs offloaded Indian equities worth ₹30,015 crore in the first half of March, according to data from the…
Source: Live Mint View Full Image Rebranded as Coforge in August 2020, its turnaround story has been one for the books. But it hasn’t always been a growth story. The Noida-based company started as a division within NIIT Technologies Ltd in 1992. As a small software services division within an organization largely focused on computer…
Source: Live Mint Indian stock market: The pain in Indian technology stocks is deepening with each passing day as signs of a slowing U.S. economy—where Indian tech giants have significant revenue exposure—are unsettling investor sentiment, leading to a severe sell-off on Dalal Street. Additionally, diminishing expectations of multiple U.S. Fed rate cuts in 2025, coupled…
Source: Live Mint The Indian information technology (IT) sector has been trying to make a meaningful comeback for a while. The good news is there’s some respite on the horizon at last. The Indian rupee is depreciating against the US dollar and other developed-market currencies, hurt by the ongoing turmoil in global markets. The rupee…
Source: Live Mint Stock market today: The domestic benchmark indices bounced back from a weak opening on Thursday, driven by optimism in IT stocks due to increased artificial intelligence (AI) spending in the US, although concerns regarding earnings slowdown and US tariffs limited the gains. As of 12:49 IST, the Nifty 50 rose by 0.41%…
Source: Live Mint Wipro Ltd’s investors are elated. The stock surged 6% on Monday following its better-than-anticipated result in a seasonally weak December quarter (Q3FY25). The enthusiasm among investors is understood, considering the earnings pain Wipro has been through due to increased weakness in its discretionary portfolio and company-specific challenges. This had kept the Wipro…
Source: Live Mint Expert view: Indian investors should be prepared for market volatility and expect modest growth from the Indian stock market, says Ajit Mishra, SVP of research at Religare Broking. He adds the domestic market will likely shift into a consolidation or modest growth phase, with potential corrections driven by external shocks or valuation…
Source: Live Mint Market outlook: The Indian equity markets remained resilient for a major part of the calendar year (CY) 2024, despite challenges posed by sticky inflation, weaker-than-expected Q2FY25 earnings, general election outcomes, FII outflows, and geopolitical uncertainty. Despite these headwinds, India’s benchmark indices, the Nifty 50 and Sensex, delivered positive returns of 11.35% and…
Source: Live Mint Indian markets experienced a volatile session on Thursday, December 12, despite a strong handover from Wall Street, as investors exercised caution ahead of India’s key retail inflation data, scheduled for release later in the day. According to a Mint poll of 16 economists, retail inflation is expected to have eased to 5.5%…
Source: Live Mint Mumbai, Benchmark equity indices Sensex and Nifty maintained their winning run on Thursday, rising 1 per cent, propelled by buying in IT stocks amid a rally in the US markets and fresh foreign fund inflows. Rallying for the fifth day running, the 30-share BSE benchmark Sensex jumped 809.53 points, or 1 per…
