The FinTech Hub
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 12:48 PM IST IT stocks zoom: Shares of IT companies zoomed on Friday ahead of their second-quarter results for the financial year 2025. The Nifty IT index advanced 1.69 per cent during intra-day deals, with all constituent stocks of the index trading…
Source: Live Mint The Indian stock market closed the volatile trading session on a flat note on Tuesday, October 1 amid mixed global signals and uncertain economic indicators. While some stocks posted slight gains, the overall sentiment remained cautious. Traders opted to remain on the sidelines as they evaluated the potential impact of the recovery…
Source: Live Mint Stock Market Today: After reaching new record highs in early trading today, the domestic benchmark indices couldn’t sustain the rally towards the end of the session, as profit booking by investors at higher levels led both indices to close with minor drops. Nevertheless, today was the sixth consecutive session wherein both indices…
Source: Live Mint The Nifty IT index surged 2.5% in early trading on Friday, buoyed by Accenture’s latest earnings report. The global IT major reported 5% year-on-year revenue growth in constant currency (CC) for the quarter ended August (Q4FY24), exceeding the mid-point of its 2-6% guidance. Accenture follows a September-August financial year, and the company’s…
Source: Business Standard Stocks to Watch, Friday, September 27, 2024: Indian equity benchmark indices looked set for a higher open on Friday, following overnight gains in the US and higher Asian markets. The same was indicated by GIFT Nifty futures. At 7:10 AM, GIFT Nifty futures were trading at 26,349, around 40…
Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…
Source: Live Mint The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties. While the cuts are focused on the US, their impact is already resonating across global markets and India is well-positioned to capitalise on them. The Fed’s decision could unlock new opportunities for…
Source: Business Standard 3 min read Last Updated : Sep 19 2024 | 10:34 AM IST IT stocks shine: Information technology (IT) stocks were buzzing in trade on Thursday, September 19, 2024, with some shares rising by as much as 4 per cent during intraday trading. The Nifty IT index climbed 1.80 per…
Source: Live Mint Indian frontline indices remained range-bound in volatile trading on Wednesday, as investors chose to stay cautious ahead of the crucial US Federal Reserve meeting, where the announcement of the first rate cut in four years is anticipated. The market experienced a tug-of-war between declining IT stocks and resilient financial shares. A sharp…
Source: Business Standard 5 min read Last Updated : Sep 18 2024 | 11:52 AM IST The NSE Nifty IT index has taken a sharp hit, and was down 3 per cent to 42,200 levels on profit-taking in intra-day deals on Wednesday just hours before the US Federal Reserve policy decision tonight. In comparison,…
