The FinTech Hub
Source: Live Mint The dominant group of U.S. stocks known as the “Magnificent Seven” is bouncing back, helping power the broad rally on Wall Street. Chipmaker Nvidia and Tesla are leading the pack in midday trading with a gain of 5.5% and 5.4%, respectively. Microsoft, Apple, Amazon, Meta Platforms and Google parent Alphabet are all…
Source: Live Mint Nvidia stock recovered to its levels before the US stock market after witnessing the biggest rally since its crash on Friday, April 4, over China’s additional tariff announcement on the Western nation. The chipmaking firm’s stock gained over 8 per cent to hit the intraday high of $105.68 as of 10:48 a.m….
Source: Live Mint Stock markets have been swinging wildly in the past few days since US President Donald Trump kicked off a tariff war on April 2 after his ‘Liberation Day’ speech. On Monday, the stock market benchmark indices, the Sensex and the Nifty 50, dropped by 3 per cent with all stocks – barring…
Source: Live Mint Getting a credit card offers a number of advantages. Besides the ability to claim 45-day interest free period, credit cards also provide access to a number of features ranging from reward points, cashbacks, discounts on merchandise, access to airport lounge and airmiles. Additionally, a few credit cards also provide access to the…
Source: Live Mint China calls tariff escalation “blackmail” Focus on Wednesday’s Fed minutes Palladium rises more than 1% April 8 – Gold prices rose back above $3,000 per ounce on Tuesday as a weaker U.S. dollar and escalating trade tensions between the world’s two largest economies lifted demand for the safe-haven asset. Spot gold was…
Source: Live Mint The India Volatility Index surged 65.7% on Monday to 22.8—its highest spike since its inception in 2007. On Tuesday, the gauge dropped to 20.44, but was up by about 47% over five trading days as US President Donald Trump unleashed a global trade war last week. India VIX reflects the market’s expectation…
Source: Live Mint Gold price outlook: Gold Futures on India’s Multi Commodity Exchange (MCX) were trading 1.21 per cent or ₹1,051 higher on Tuesday, April 8, as part of a global market recovery amid Trump tariff pressures. Gold futures for the June 2025 contract were trading 1.21 per cent higher at ₹87,979 as of 6:27…
Source: Live Mint Stock markets around the world have been experiencing extreme wild swings in the last few days after US President Donald Trump announced sweeping tariffs on goods imported from the rest of the world. India’s benchmark indices, the Sensex and the Nifty 50, ended 3 per cent lower on Monday. Barring HUL and…
Source: Live Mint New Delhi, Apr 8 (PTI) Investors’ wealth swelled by ₹7.32 lakh crore on Tuesday as equity markets staged a strong comeback after crumbling in the previous trade. Snapping its three-day decline, the 30-share BSE Sensex jumped 1,089.18 points or 1.49 per cent to settle at 74,227.08. During the day, it climbed 1,721.49…
Source: Live Mint When people think about life insurance, they always consider Unit-Linked Insurance Plans (ULIPs) and term insurance. ULIPs focus on combining investment with insurance, whereas term insurance ensures life cover. However, failing to understand the intricacies of these two results in poor decision-making. Here, we discuss the five most common mistakes people make…
