The FinTech Hub
Source: Live Mint European stocks gained, with the regional benchmark heading for its best week in a month. Danish stocks hit an all-time high, helped by the rally in Novo Nordisk A/S. The Stoxx 600 Index rose 0.5% as of 12:58 p.m. in London. The index is up 1.5% this week, recouping some of last…
Source: Live Mint NEW YORK — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and…
Source: Live Mint European stocks rose on Friday, with the regional benchmark marking its best week in a month. Danish stocks hit an all-time high, helped by this year’s rally in Novo Nordisk A/S. The Stoxx 600 Index rose 0.8% at the close in London, rounding out a 1.9% advance for the week to recoup…
Source: Live Mint (Bloomberg) — A trio of biotech companies’ shares rose in their first trading sessions after they each sold more shares in their respective initial public offerings than they had planned. Bicara Therapeutics Inc. shares climbed 42% to $25.50 apiece as of 1:22 p.m. on Friday. The company had expanded its IPO to…
Source: Live Mint Oil headed for its first weekly advance in a month after Storm Francine disrupted crude production and risk-on sentiment bolstered across wider markets, helping ease a previously oversold crude market. West Texas Intermediate was little changed at around $69 a barrel, giving up its earlier gains after some operations restarted in the…
Source: Live Mint Non-bank financial institution Northern Arc Capital on Friday said it has collected ₹229 crore from anchor investors, days before the opening of its share-sale for public subscription. SBI General Insurance Company, SBI Life Insurance Company, Reliance General Insurance Company, Kotak Mahindra Life Insurance Company, Goldman Sachs (Singapore) Pte, Societe Generale, and Quant…
Source: Live Mint The US stock markets opened higher on Friday, September 13, as investors re-evaluated the possibility of a bigger rate cut from the United States Federal Reserve (FED), as per the news agency Reuters. At 9:30 am (EDT) the stock markets opened for the United States at a high. The Dow Jones Industrial…
Source: Live Mint India’s markets regulator has closed proceedings in the co-location case against the National Stock Exchange and its officials, citing a lack of evidence. Kamlesh Varshney, a whole-time member of the Securities and Exchange Board of India, on Friday held that due to the absence of sufficient material, the test of “preponderance of…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers And Losers Today** The Nifty Index concluded at 25,388.9, representing a decline of 0.13%. Throughout the trading session, the Nifty reached a peak of 25,430.5 and a low of 25,292.45. Meanwhile, the Sensex fluctuated between 83,092.93 and 82,653.22, ultimately closing down 0.09% at 82,962.71,…
Source: Live Mint The initial public offering (IPO) of Envirotech Systems attracted strong demand from both retail and non-institutional investors on its first day of bidding. The IPO, which opened today and is scheduled to close on Wednesday, September 18, was fully subscribed just a few hours after the bidding commenced. As of 4:15 pm,…
