The FinTech Hub
Source: Live Mint Bitcoin prices jumped past $71,000 for the first time since June on Tuesday, boosted by inflows into dedicated exchange-traded funds and speculation about the US Presidential Election next week. The largest digital asset, Bitcoin was up 5% at $71,020. Bitcoin prices hit an all-time high of $73,750 in March and have jumped…
Source: Live Mint Shares of Suzlon Energy, India’s largest renewable energy solutions provider, jumped nearly 4% at ₹73.50 apiece on Tuesday, October 29, as investors responded positively to the company’s September quarter results. The company released its Q2FY25 results during market hours on Monday, delivering a healthy performance, though it came in slightly below analysts’…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Call it a modern-day version of a spectacular Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI , a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange,…
Source: Live Mint Breakout stocks to buy or sell: Following strong global market sentiments, the Indian stock market snapped a five–day losing streak on Monday. The Nifty 50 index gained 158 points and closed at the 24,339 mark, the BSE Sensex surged over 600 points and regained the psychological 80,000 mark, whereas the Nifty Bank…
Source: Live Mint Stock Market Today: Investors were enthused by a pullback rally in the markets after a phase of long correction. The benchmark Nifty-50 index ended the day with gains of 0.65% at 24,339.15, while the Sensex gained 0.76% to end at 80,005.04. The Nifty Bank Index rebounded 0.93%, while all other sectors closed…
Source: Live Mint Multibagger penny stock: Paramount Communications has made headlines as a standout multibagger penny stock on Dalal Street. Once trading at sub- ₹10 levels, the stock has transformed into a valuable asset, delivering remarkable returns to its investors. Paramount’s meteoric rise serves as a testament to the high reward potential of penny stocks,…
Source: Live Mint Sun Pharma Q2 Results: Sun Pharmaceutical Industries Ltd on Monday reported an 28% year-on-year rise in its consolidated net profit for the fiscal’s second quarter ended September (Q2FY24) to ₹3,040.16 crore. The company had reported a profit of ₹23,755.1 crore in the year-ago period. Sequentially, the consolidated net profit was up 7.2%….
Source: Live Mint LIC Housing Finance Q2: LIC Housing Finance on Monday, October 28, reported an 11.25 per cent year-on-year (YoY) rise in consolidated net profit to ₹1,327.71 crore for the September quarter of the current financial year (Q2FY25). For the same quarter last year, the company earned a profit of ₹1,193.48 crore. Total revenue…
Source: Live Mint Indian Oil Corporation Q2 Results: Indian Oil Corporation (IOC) on Monday, October 28 reported a staggering 98.6 per cent year-on-year (YoY) decline in its standalone net profit to ₹180.01 crore for the quarter ended September 2024. The figure stood at ₹12,967.32 crore in the same period last year. Meanwhile, revenue from operations…
