The FinTech Hub
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
Source: Live Mint If you are short of funds and do not have a clarity as to where to raise the loan from – you can rely on what is known as a ‘personal loan’. This is an unsecured loan offered by banks and financial institutions to meet the immediate needs of people. In case…
Source: Live Mint If you are planning to apply for a credit card, remember that you need to first build a credit score. And if your credit score is low, you need to take some substantive steps to improve your score. It is vital to mention that the credit score is not permanent and one…
Source: Live Mint Real estate stocks staged a strong comeback in recent sessions following a sharp sell-off in the first week of October. This impressive rebound began when the RBI shifted its policy stance from a hawkish ‘withdrawal of accommodation’ to a more neutral position, raising hopes for potential rate cuts. As the real estate…
Source: Live Mint Brokerage house Motilal Oswal Private Wealth (MOPW) recently addressed the emerging risks in the Indian equity market, driven by global geopolitical tensions and the high valuations of domestic stocks. Rising crude oil prices, bond yields, and inflation concerns have intensified market volatility. Despite these challenges, MOPW believes that sustained domestic inflows and…
Source: Live Mint Deepak Builders & Engineers IPO price band: The Deepak Builders & Engineers Limited IPO price band has been fixed in the range of ₹192 to ₹203 per equity share of the face value of ₹10. The Deepak Builders & Engineers IPO date of subscription is scheduled for Monday, October 21, and will…
Source: Live Mint Hyundai IPO Day 2 LIVE Updates: The initial public offering (IPO) of Hyundai Motor India Ltd has seen a slow start in the Indian stock market. The bidding for Hyundai Motor India IPO commenced on Tuesday, October 15, 2024, and today is the second day of the IPO subscription period. The public…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday tracking losses in global markets. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,045 level, a discount of nearly 80 points from the…
Source: Live Mint Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage. Set-off against gains Capital losses can be set off against capital gains, allowing…
