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Source: Live Mint Wall Street stocks rose on Friday, as Treasury yields eased and investors looked ahead to quarterly results from some of the big companies. At the opening bell, the Dow Jones Industrial Average rose 103.2 points, or 0.24 per cent, to 42,477.51. The S&P 500 rose 16.9 points, or 0.29 per cent, to…
Source: Live Mint If you are a frequent traveller and often make payments in a foreign currency, then it is likely that you already hold a travel credit card. A travel card can help you make payment in foreign currency seamlessly while you are travelling overseas. However, banks typically charge a forex markup fee which…
Source: Live Mint Indians’ love of gold is legendary, and deeply ingrained in Hindu mythology. As the legend goes, a fortune teller cursed the 16-year-old son of King Hima, saying he would die of a snakebite on the fourth day of his marriage. When the day came, his wife illuminated their house with lamps and…
Source: Live Mint Shares of Poonawalla Fincorp, the Cyrus Poonawalla Group-promoted non-banking financial company (NBFC), crashed on Friday after the firm posted a net loss in the September quarter of the financial year 2024-25. Poonawalla Fincorp shares tanked 16.89 per cent to ₹297.65, compared to ₹358.15 at the previous market close. The company released its…
Source: Live Mint If you are planning to invest in mutual funds anytime soon then remember that Diwali is a good time to make a new beginning. There are a number of market veterans who may advise you against investing at the current valuations which are arguably quite steep. Nifty50’s current P/E (price/earnings) ratio is…
Source: Live Mint The IPO of Deepak Builders & Engineers, which concluded recently, will see its shares debut on the Indian stock exchanges on Monday, October 28. As the Deepak Builders & Engineers IPO listing date approaches, investors’ focus has shifted to the potential listing gains, typically judged by looking at the grey market premium…
Source: Live Mint Before you invest in a fixed deposit, it is vital to compare the deposit rates offered by different banks. Here we list out the interest rates offered by different banks in both private and public sector. Meanwhile, it is important to note that depositors tend to opt for a financial institution with…
Source: Live Mint Bank of Baroda Q2 result: Bank of Baroda (BoB) on Friday, October 25, reported a nearly 23.2 per cent year-on-year (YoY) rise in standalone net profit at ₹5,238 crore for the quarter ended September 30, 2024. In the same quarter last year, the company reported a profit of ₹4,253 crore. On the…
Source: Live Mint With Samvat 2081 knocking on the door, Krishnan VR, Chief of Quantitative Research team at Marcellus advised investors to look for high-quality companies with clean accounts, returns on capital greater than the cost of capital, strong balance sheets, consistent profitability and reasonable valuations. He also suggested sticking to a long-term asset allocation…
Source: Live Mint With the arrival of Samvat 2081, Ventura Securities took a bullish stance on Indian equities, recommending five stocks that it believes hold significant upside potential. The brokerage cited promising growth across various sectors, including banking, entertainment, public services, and financial services. Ventura’s report forecasts upside potential ranging from 27 per cent to…
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