The FinTech Hub
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…
Source: Live Mint While valuing a stock is crucial, relying solely on valuation can be misleading. During periods of market turmoil, it’s the quality of a company that ultimately stands the test of time, according to Saurabh Mukherjea, the founder of Marcellus Investment Advisors. In a conversation with Mint on an episode of ‘How To…
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…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
