The FinTech Hub
Source: Live Mint Shares of JK Lakshmi Cement Ltd have declined about 13% so far in 2024, significantly lagging the Nifty 500 index’s 21% rally. The company is facing a slew of challenges, and for the trend to reverse, many factors need to align. True, the June quarter (Q1FY25) was a tough one for the…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today** The Nifty index concluded the trading session at 24,918.45, representing an increase of 1.89%. Throughout the day, the Nifty reached a high of 25,433.35 and a low of 24,941.45. The Sensex traded within a range of 83,116.19 and 81,534.29, ultimately…
Source: Live Mint Northern Arc Capital IPO. The initial Public offering of Northern Arc Capital Ltd starts on 16 September 2024. From financials to GMP, here are 10 things you should know from the RHP before subscribing Northern Arc Capital IPO: 10 Key things 1.Northern Arc Capital IPO: Key dates On September 16, 2024, the…
Source: Live Mint The allotment for Kross Limited IPO is expected to be finalized today. Investors can check their allotment status through the registrar, Kfin Technologies Limited, or the BSE website. The IPO, which was opened for subscription from September 9 to September 11, saw a healthy response from investors, being oversubscribed by 17.66 times….
Source: Live Mint Sodhani Academy of Fintech Enablers IPO Day1: The Initial Public offering opened for subscription on 12 September 2024 and closes on 17 September 2024. Check for Subscription status, GMP, key dates, all you need to know Sodhani Academy IPO :Subscription Status Sodhani Academy of Fintech Enablers IPO had been subscribed 2.11 times….
Source: Live Mint Stock benchmarks touched new records and mid-cap stocks joined the Street party on Thursday, signalling rising risk appetite among investors betting on interest rate cuts in the US and earnings momentum in India. The day witnessed a strong rally driven by a mix of factors: weekly derivatives expiry; a rate cut in…
Source: Live Mint US stocks were mixed on Thursday after hot Producer Prices Index (PPI) data. US wholesale prices rose by 0.2 per cent in August, putting the index on an annual basis at 1.7 per cent, down from a revised 2.1 per cent. The PPI, excluding food and energy components, rose by 0.3 per…
Source: Live Mint Western Carriers, on Thursday, announced that the firm has raised ₹148 crore from anchor investors a day before its initial public offering (IPO) opens for bidding. According to the exchange filing, the company has allocated 85,96,743 shares at the upper price band of ₹172 to 15 anchor investors. “Western Carriers (India) Limited…
Source: Live Mint Gold prices surged over 1 per cent to reach an all-time high on Thursday, driven by growing expectations of an interest rate cut by the Federal Reserve next week following U.S. data indicating a slowing economy. As of 9:46 a.m. ET (1346 GMT), spot gold had risen 1.6 per cent to $2,551.19…
Source: Live Mint The initial public offering (IPO) of PN Gadgil Jewellers, which opened for subscription on September 10, was subscribed over 59.41x on the final day of bidding. As of January 2024, the company is the second-largest among major organized jewellery players in Maharashtra based on the number of stores, according to the RHP….
