The FinTech Hub
Source: Live Mint Remember this moment because it probably won’t last: A U.S. lottery jackpot soared above $1 billion, and that’s still a big deal. After three months without anyone winning the top prize, a ticket worth an estimated $1.22 billion was sold in California for the drawing Friday night. The high number evoked headlines…
Source: Live Mint Gujarat Toolroom Ltd., a BSE-listed small-cap company, announced the successful completion of a Qualified Institutions Placement (QIP), raising ₹95.66 crores. This initiative involved the issuance of 7.19 crore equity shares at ₹13.30 each, which includes a premium of ₹12.30 per share, the company announced in an exchange filing on December 27, 2024….
Source: Live Mint Every year, India’s salaried class eagerly awaits relief in income tax. This year, the middle class is also penning all their hopes for FM Nirmala Sitharaman, when she presents Budget 2025 on February 1. According to a Reuters report, the government is actively considering tax relief for the middle class, particularly earning…
Source: Live Mint Gold Rate and Silver Price Today on December 28, 2024: Gold prices experienced a modest increase on Saturday. The cost of 24 carat gold in India is Rs.7818.3 per gram, reflecting an increase of ₹ 270.0. The cost of 22 carat gold in India is 7168.3 per gram, a rise of ₹250.0….
Source: Live Mint Small-cap stocks to buy under ₹100: The Indian stock market continued to trade sideways throughout the week as the Nifty 50 index failed to break above the 200-DEMA hurdle, which was placed at 23,850. The 50-stock index closed 82 points north at 23,832 on Friday; the BSE Sensex finished 259 points up…
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 Devina Mehra, the chairperson, managing director and founder of First Global, expresses optimism regarding the long-term outlook for mainstream stocks and indices of the Indian stock market. She highlights that these indices have yet to reach their long-term compounding trend lines or extremes in terms of rolling returns. In an exclusive interview…
Source: Live Mint Investors like to chase returns because a higher return would mean a higher corpus. But is investing in a top-performing fund the only way to build a higher corpus? Well, not necessarily. Besides, it is practically impossible to always remain invested in a top-performing fund, because top performers change from time to…
Source: Live Mint The Indian stock market outlook for 2025 remains cautiously optimistic as the Nifty 50 valuations suggest modest upside potential, said Dhiraj Relli, MD & CEO at HDFC Securities. He believes the large-cap indices will likely offer better risk-adjusted returns than the mid-cap and small-caps. In an interview with Livemint, Relli said that…
Source: Live Mint Stock market today: The Indian stock market benchmarks – the Sensex and the Nifty 50 – ended with gains on Friday, December 27, led by banking and auto heavyweights such as Mahindra and Mahindra, IndusInd Bank and Tata Motors. On a weekly scale, both key indices turned green, ending nearly 1 per…
