The FinTech Hub
Source: Live Mint Axis Mutual Fund has reduced its shareholding in chemicals company PI Industries, a stock exchange filing showed. PI Industries were trading marginally lower on Friday. Axis Mutual Fund has sold 0.05% stake in PI Industries on January 8, trimming its stake in the company to 2.97% from 3.02% earlier. “Axis Mutual Fund…
Source: Live Mint Stock market today: Shriram Finance shares dropped as much as 6 per cent on Friday, January 10, as they turned ex-date for stock split in the ratio of 1:5. The company had also fixed January 10 as the record to determine the shareholder eligibility for 1:5 stock split. Shriram Finance had on…
Source: Live Mint MUMBAI, Jan 10 (Reuters) – Indian government bond yields were largely unchanged in early deals on Friday, as market players awaited fresh supply from the weekly debt auction and key data for further directional moves. The 10-year bond yield was at 6.7625% as of 10:00 a.m. IST, compared with its previous close…
Source: Live Mint Gold price today: Gold rates climbed in the domestic futures market in the morning session on Friday, January 10, amid positive global cues. However, rising US bond yields and a strengthening US dollar capped the precious metal’s gains. MCX Gold traded 0.22 per cent higher at ₹78,272 per 10 grama around 9:15…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. TCS: Tata Consultancy Services (TCS), India’s largest IT company, has announced its second-highest dividend for FY25, bringing the total declared for the year to ₹96 per share. This is the highest annual dividend declared by the company, apart…
Source: Live Mint For those ready to step into this challenging but rewarding field, there are three key paths: obtaining a Mutual Fund Distributor (MFD) licence, registering as a Sebi Investment Advisor (RIA), or qualifying as a Sebi Research Analyst (RA). Each route offers distinct opportunities and challenges, shaping your role in India’s financial ecosystem….
Source: Live Mint Indian stock market: The Indian equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday amid weak domestic and global market cues. Asian markets traded lower, while the US stock market was closed overnight due to the National Day of Mourning for former president Jimmy Carter. On…
Source: Live Mint Nifty and Bank Nifty Analysis The benchmark stock index Nifty opened flat at 23,689.50 and closed at 23,526.50 on Thursday. Nifty50 declined by 0.69%, with the Nifty Realty Index (-2.73%), Nifty Energy (-2.03%), and Nifty Alpha 50 Index (-1.93%) dragging the market down. Meanwhile, the BSE Sensex dropped 0.68%, closing at 77,620.21….
Source: Live Mint (Bloomberg) — The devastating wildfires in Los Angeles are unlikely to have an impact on the bonds of local governments as US officials promise financial support from the Federal Emergency Management Agency, according to a report from FHN Financial. “While the personal losses and community impacts are unimaginable, so far we…
Source: Live Mint 1. Smarter AI models will intensify AGI fears “Lata has three apples and buys five more. How many does she have now?” Even a 5-year-old can answer eight. Similarly, GenAI models solve this using ‘chain of thought’ reasoning: “Lata starts with three apples. She buys five more, so 3 + 5 =…
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