The FinTech Hub
Source: Live Mint The Indian market closed on a lower note for the week on Friday, dragged down by auto and banking stocks. While pharma and metal stocks offered some support, it wasn’t enough to push the indices higher. As a result, the Nifty 50 fell by 0.14%, ending below the 25,000 mark for the…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Stock Market Today: HCL Technologies’ market cap touched ₹5 trillion or ₹5 lakh crore mark for the first time on Friday, October 11, as the stock hit a one-year high during the intraday trade. HCL Technologies share price opened at ₹1,800.25 on the BSE, marginally lower than the previous close of ₹1,810…
Source: Live Mint The allure of the F&O (Futures & Options) market is undeniable. The potential for explosive returns beckons many retail investors, particularly in today’s era of low interest rates. However, the reality paints a starkly different picture. Studies by SEBI (Securities and Exchange Board of India) reveal a sobering truth: a staggering 89%…
Source: Live Mint Gold prices experienced a marginal increase on Saturday. The cost of 24 carat gold is Rs.7758.3 per gram, reflecting an increase of Rs.780.0. The cost of 22 carat gold is Rs.7113.3 per gram, which is up by Rs.720.0. The price change in 24 carat gold over the past week has been 1.29%,…
Source: Live Mint Small-cap stock: Hi-Tech Pipes Limited, a small-cap company that has seen its stock price surged by around 130 per cent over the past year, has successfully raised ₹500.79 crore through a Qualified Institutional Placement (QIP). The company made this announcement in a regulatory filing on October 11, 2024. The QIP, which opened…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has issued a recent circular revising the payout timing for securities in T+1 rolling settlements. According to the new guidelines, securities will now be credited directly to clients’ demat accounts by the Clearing Corporations at 3:30 PM on the settlement day. This…
Source: Live Mint The Government of India has announced the buyback of its securities through auction for an aggregate amount of ₹25,000 crore (face value), announced Reserve Bank of India (RBI) on Friday. The G-securities with coupon rate of 7.72 percent will mature on May 25 next year. The securities with coupon rate of 5.22…
Source: Live Mint Dividend stocks: Shares of major companies such as Tata Consultancy Services (TCS), Anand Rathi Wealth Ltd, NRB Bearings Ltd and others, are scheduled to trade ex-dividend starting on Monday, October 14, 2024, according to BSE. Some of the major companies have announced various corporate actions, including share right issue of equity of…
Source: Live Mint Hyundai Motor India IPO: The Initial Public Offering (IPO) of Hyundai Motor India Limited is set to hit the Indian primary market next week. As per the Hyundai Motor India IPO date, the public issue will open on 15th October 2024 and will remain open until 17th October 2024. This means the…
