The FinTech Hub
Source: Live Mint Breakout stocks to buy or sell: The Indian stock market indices closed higher after two consecutive sessions of losses due to positive global cues and as fears over the new Chinese virus diminished. The Nifty 50 index closed 0.39 per cent higher at 23,707.90 points, compared to 23,616.05 points at the previous…
Source: Live Mint Nifty 50 on 7 January: Recap Even though there was a brief recovery on 7 January, markets still encountered notable selling pressure during attempts to bounce back, suggesting that bearish sentiments prevail. Interestingly, the volatility index (India VIX) decline indicates a reduction in participant anxiety. Considering these mixed indicators, it’s advisable to…
Source: Live Mint (Bloomberg) — New Zealand house prices may show a modest recovery this year after failing to respond to falling interest rates in the final months of 2024, according to CoreLogic New Zealand. Prices fell 3.9% last year, the property agency said in data published late last week. Values fell 0.2% in December…
Source: Live Mint (Updates with closing prices) CHICAGO, Jan 7 (Reuters) – Chicago soybeans ticked lower on Tuesday as expectations for rain relief in Argentina encouraged profit-taking, after drier forecasts and a softer dollar fueled gains during the previous session. Corn moved up slightly as traders squared positions ahead of a U.S. Department of Agriculture…
Source: Live Mint (Bloomberg) — An early Bitcoin investor sentenced last month to two years in prison for tax fraud related to cryptocurrency sales has been ordered to disclose his secret pass codes so US officials can unlock digital assets now valued at about $124 million. Frank Richard Ahlgren III, who owes the government about…
Source: Live Mint (Bloomberg) — Chile is tapping international debt markets with sales of dollar and euro-denominated bonds, joining nations from Mexico to Hungary in what is shaping out to be a busy week for issuance. The South American country is offering 1.7 billion euros of seven-year social notes in a deal that may price…
Source: Live Mint Recent high-frequency economic data highlights the persistent macroeconomic challenges in India, including subdued GST collection growth, fluctuating automobile sales, and currency volatility, according to InCred. These factors have contributed to cautious market sentiment, with the Nifty 50 index likely to remain in a consolidation phase due to prolonged risks to GDP and…
Source: Live Mint Top Gainers and Losers Today : The financial markets witnessed fluctuations today, with the Nifty index closing at 23,616.05, reflecting an increase of 0.39%. Throughout the trading session, the Nifty reached a high of 23,795.2 and a low of 23,637.8. The Sensex also demonstrated positive movement, trading between 78,452.74 and 77,925.09, ultimately…
Source: Live Mint IPO Review: With three significant initial public offerings available on the mainboard — Standard Glass Lining Technology IPO, Quadrant Future Tek IPO, and Capital Infra Trust InvIT — and all of them witnessing strong interest, investors are left wondering which one should they bet on. Analysts delve into the details of each…
Source: Live Mint Multibagger stock: Education provider Vantage Knowledge Academy Limited announced an interim dividend issue offering ₹0.10 per equity share, according to an exchange filing on Tuesday, January 7. The company is offering 10 per cent of the face value of a share, and the face value is Re 1 per share. The company…
