The FinTech Hub
Source: Live Mint Godavari Biorefineries made its stock market debut on Wednesday, October 30, and saw a flurry of bulk deals on the NSE. Notably, among the key transactions was a purchase by Madhuri Madhusudan Kela, wife of ace investor Madhusudan Kela, who acquired 500,000 shares of the company in a bulk deal. Read Full…
Source: Live Mint As Indian traders navigate the volatile markets this Diwali, Mint looks at how Indian equities have done since the last Samvat—which sectors have beaten the benchmark, the winners and laggards among stocks, and what investors can expect in the medium-term. When is the Muhurat trading session? Bourses will open for a special…
Source: Live Mint Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are…
Source: Live Mint Multibagger penny stock: Paramount Communications has made headlines as a standout multibagger penny stock on Dalal Street. Once trading at sub- ₹10 levels, the stock has transformed into a valuable asset, delivering remarkable returns to its investors. Paramount’s meteoric rise serves as a testament to the high reward potential of penny stocks,…
Source: Live Mint Recently, the capital markets regulator, Securities and Exchange Board of India, proposed changes to make it easier for individuals to become registered investment advisors (RIA) for individuals looking to get advice on their personal finances. SEBI has done this, presumably, with the objective of encouraging more professionals to seek out the RIA…
Source: Live Mint Starting 1 November, insiders in mutual fund companies, including asset management company (AMC) executives, trustees, and their immediate relatives, will be subject to the same stringent rules that govern trades in listed securities. This is the first time mutual funds will be regulated under insider trading rules, ensuring that those with access…
Source: Live Mint Penny stock Mishtann Foods gained nearly 6 per cent in intra-day trading on Monday, October 28, following the company’s strong financial performance for the second quarter of FY25 (Q2FY25). The results, which highlighted substantial growth in both net profit and EBITDA, reflect Mishtann Foods’ position as a significant player in the Indian…
Source: Live Mint Q2 results today on October 28: At least 180 companies are set to release their July-September quarter financial results today, on Monday, October 28, according to BSE data. Further, several major blue-chip firms and banks are scheduled to declare their Q2 results this week. The second quarter results (Q2FY25) season began this…
Source: Live Mint Dividend Stocks: Shares of several major companies, including ICICI Lombard General Insurance Company Ltd, Infosys Ltd, Mazagon Dock Shipbuilders Ltd, Birlasoft Ltd, Dodla Dairy Ltd, Godrej Consumer Products Ltd, Tech Mahindra Ltd, NTPC Ltd, and R R Kabel Ltd among others, will trade ex-dividend from Monday, October 28, according to data collected…
Source: Live Mint Top News According to recent data from the Association of Mutual Funds in India (AMFI), monthly contributions to mutual fund Systematic Investment Plans (SIPs) have surpassed ₹24,000 crore for the first time. This milestone highlights the growing popularity of SIPs among Indian investors, who are increasingly relying on this disciplined, periodic investment…
