The FinTech Hub
Source: Live Mint The set up by the end of the day indicates continuation of the downside pressure, unless tensions abate. Selling in heavyweights such as ICICI Bank, HDFC Bank and Reliance Industries dragged both Nifty and Sensex down by 1.1% each. Nifty closed down by 266 points at 24,008, slightly below its 200-day moving…
Source: Live Mint China talks front and center on bond investors’ radar Trump says 80% tariffs on China imports seem right Fed fund futures lower odds of July easing By Gertrude Chavez-Dreyfuss NEW YORK, – U.S. Treasury yields were flat overall on Friday, with thinner volume than usual and sentiment still uncertain, as investors looked…
Source: Live Mint ORLANDO, Florida, May 9 (Reuters) – World markets traded on a solid footing this week as the Trump administration struck what could be the first of “dozens” of trade deals in the coming weeks, and as investors cheered this weekend’s US-China trade talks in Switzerland. The S&P 500 and Nasdaq are back…
Source: Live Mint TSX ends up 0.4% at 25,357.74 For the week, the index advances 1.3% Materials sector rises 2.8% as gold rallies Air Canada jumps 14.6% after earnings report (Updates at market close) May 9 (Reuters) – Canada’s main stock index added to its weekly gain on Friday, led by energy and metal mining…
Source: Live Mint Sun Life Financial Inc. beat analyst expectations in the first quarter, fueled by its asset management segment. The Toronto-based insurance firm reported underlying earnings of C$1.82 per share, better than the C$1.71 predicted by analysts in a Bloomberg survey. Sun Life also raised its quarterly dividend to 88 Canadian cents from 84…
Source: Live Mint US CDS spreads rise on debt ceiling worries, policy uncertainty Size of the market, trading volumes have increased recently X-date seen at end of August, early September, Barclays says NEW YORK, May 9 (Reuters) – The cost of insuring exposure to U.S. government debt has climbed noticeably over the past month and…
Source: Live Mint Stock market today: On Friday, 190 stocks hit their 52-week low, including ACC Ltd, AIA Engineering Ltd, Central Bank of India, Galaxy Surfactants Ltd, Jindal Saw Ltd, Vedant Fashions Ltd, Ramkrishna Forgings Ltd, Schneider Electric Infrastructure Ltd, Sheela Foam Ltd, and Syngene International Ltd. In contrast, 52 stocks touched 52-week highs, including…
Source: Live Mint Swiggy Q4 Results: Food delivery and quick-commerce company Swiggy on Friday, May 9, reported a consolidated loss of ₹1,081.18 crore for Q4FY25, which was almost double (95 per cent) from a loss of ₹554.77 crore reported in the same quarter of the previous financial year. The company’s revenue from operations, however, jumped…
Source: Live Mint Stock market strategy: Rising tensions between India and Pakistan rattled Dalal Street on May 9, triggering the worst intraday fall in the benchmark indices since April 7, with both falling over 1%. The ongoing conflict between the neighbouring countries has dampened investor sentiment amid fears that it could escalate into a broader…
Source: Live Mint Its management is looking to achieve standalone volume growth of mid-to-high single digits in FY26. Consolidated revenue and Ebitda (earnings before interest, taxes, depreciation, and amortisation) growth is seen in the high single digits and double digits, respectively. In the March quarter (Q4FY25), consolidated organic volumes grew 6% year-on-year, driven by 4%…
