The FinTech Hub
Source: Live Mint Mumbai: The chair of India’s markets regulator, Madhabi Puri Buch, said she had recused herself from cases involving prominent companies including Mahindra Group, ICICI Group, and Pidilite Industries, which have a significant presence in the stock exchanges. Buch’s statement on Friday, issued jointly with her husband Dhaval Buch, came in response to…
Source: Live Mint Stocks at record high: While the Indian stock market benchmarks- the Sensex and the Nifty 50- closed in the red, as many as 327 stocks, including Bharti Airtel, HCL Tech, Bajaj Finserv and JSW Steel, hit their fresh 52-week highs in intraday trade on the BSE. Zomato, Bajaj Auto, Apollo Hospitals, Persistent…
Source: Live Mint The National Stock Exchange has cautioned investors about a fraud entity known as Lazard Asset Management India. This entity operates through a WhatsApp group named ‘JO HAMBRO.’ Lazard Asset Management India, the fraud entity, allegedly offers shares at discounted prices and even lets investors buy shares after market hours. “Exchange has received…
Source: Live Mint Dividend Stocks: Shares of several major companies, including Kirloskar Industries, Mazagon Dock, National Aluminium Co. Ltd (NALCO), Deccan Cements, Edelweiss Financial Services, Container Corporation of India, and Ambika Cotton Mills, among others, will trade ex-dividend from Tuesday, September 17, according to data collected from the Bombay Stock Exchange (BSE) website. As per…
Source: Live Mint New-age tech stocks such as Zomato, Nykaa, Mamaearth, FirstCry, Paytm, and CarTrade Tech, among others, saw roller coaster rides in their respective stock prices this week. Some stocks snapped their winning streaks, while others outperformed the frontline benchmarks. New-age internet stocks have lately generated a buzzing interest among D-Street investors due to…
Source: Live Mint International crude oil prices logged their first weekly gain after almost one month in the previous session after Hurricane Francine caused production halts in the US Gulf of Mexico. Crude oil snapped the bearish sell-off tone buoyed by weather-related hurricane warnings after benchmark Brent crude futures crashed to a 33-month low over…
Source: Live Mint Gold prices experienced a slight increase on Saturday. The cost of 24 carat gold is Rs.7531.0 per gram, reflecting an increase of Rs.2420.0. The price for 22 carat gold stands at Rs.6910.0 per gram, up by Rs.310.0.The price change for 24 carat gold over the past week has been 0.78%, whereas the…
Source: Live Mint Northern Arc Capital IPO: The mainboard initial public offering (IPO) of non-banking financial company (NBFC) Northern Arc Capital Limited will open for subscription on Monday, September 16. Registered with the Reserve Bank of India (RBI) as a systemically important NBFC, Northern Arc Ltd has operated in the financial inclusion space in the…
Source: Live Mint Bajaj Housing Finance IPO: After the announcement of share allotment to the applicants, the Bajaj Housing Finance IPO listing date has been fixed on 16th September 2024, i.e. on Monday next week. After the announcement of the listing date, the grey market has gone further bullish on the initial public offering (IPO)….
Source: Live Mint Foreign portfolio investors (FPIs) made a remarkable comeback to Indian markets in September, snapping their previous moderation, driven by domestic and global factors. FPIs were consistent buyers in June and July after election-related jitters faded and stability returned to Indian markets. However, FPIs halted their buying streak with the onset of the…
