The FinTech Hub
Source: Live Mint Q. I am a Senior Creative Director working with a marketing agency in Bengaluru. I have been investing in large-cap index mutual funds for the past 4 years. I plan to diversify my portfolio and invest in other categories. Many of my acquaintances have suggested that I invest in quant funds. However,…
Source: Live Mint Leading automaker Maruti Suzuki has announced its board meeting for January 29, 2025, to review and approve the company’s unaudited financial results for the quarter ending December 31, 2024. The update was shared in a regulatory filing, which stated, “Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,…
Source: Live Mint Top NewsSEBI outlines process for waiver or reduction of interest in recovery proceedings The Securities and Exchange Board of India (SEBI) has issued guidelines for seeking a waiver or reduction of interest levied during recovery proceedings for penalty defaults. The guidelines specify the eligibility criteria, application process, and exclusions for applicants. Entities…
Source: Live Mint Jefferies has expressed a positive outlook on the Indian automobile sector, identifying Mahindra & Mahindra (M&M), Eicher Motors, and TVS Motor as its top three investment picks. The brokerage expects a robust growth trajectory for two-wheelers and tractors, projecting a compound annual growth rate (CAGR) of 13-15 per cent over the next…
Source: Live Mint Despite an over 17 percent decline in the last 1 year, global brokerage house Goldman Sachs has stated that the recent sell-off in Reliance Industries Ltd. (RIL) shares is “overdone,” with the stock price now nearing its “bear case” valuation. The brokerage firm reiterated its “buy” rating on RIL while reducing its…
Source: Live Mint Stock market outlook: Global brokerage house HSBC has downgraded Indian equities to ‘Neutral’ from ‘Overweight,’ signalling a tempered outlook for the market’s performance. The downgrade comes amid concerns over high valuations and slowing growth momentum, which HSBC believes will cap near-term market gains. The brokerage has also revised its Sensex target for…
Source: Live Mint The stock market slid on Monday in response to tremendous selling pressure on concerns around the HMPV virus, and on foreign institutional investors (FII) sell-off, resulting in benchmark indices declining by over 1.5 per cent. Amid all this, sectoral indices witnessed steep losses and the worst-affected sectors included Nifty PSU Bank, Metal,…
Source: Live Mint Fresh virus fears rode on other weak signals to send the markets tumbling on Monday, wiping out ₹11 trillion of investor wealth in a day. Benchmarks BSE Sensex and NSE Nifty crashed more than 1.5% each, and fear gauge Vix rose the most in four months. News of two cases of the…
Source: Live Mint Atul Singh, CEO, LGT Wealth India talks about the shifts in investment strategies, the growing appeal of alternative investments, and the evolving landscape for global diversification. Edited excerpts: Can you start by telling us a bit about LGT Wealth India and your role there? LGT is a global leader in private banking…
Source: Live Mint Shares of Easy Trip Planners Ltd., the parent company of the online travel aggregator EasyMyTrip, witnessed a significant 15 percent surge on Monday, January 6, following an announcement by its Chairman, Nishant Pitti, that no further stake sales by any promoters would occur in the future. Pitti took to X (formerly Twitter)…
