The FinTech Hub
Source: Live Mint ITC Hotels Demerger Live Updates: ITC Hotels demerger record date is today and ITC shares will turn ex-date for the demerger today. The stock exchanges, BSE and NSE are holding a special trading session to discover the fair price of ITC Hotels stock. ITC shareholders whose names will appear in the company’s…
Source: Live Mint Top News India’s Goods and Services Tax (GST) collections in December 2024 reached an impressive ₹1.77 trillion, marking a 7.3% increase compared to December 2023. This steady rise highlights the resilience and growth of the Indian economy, as well as improved compliance and robust business activities. The uptick reflects the government’s ongoing…
Source: Live Mint The National Stock Exchange (NSE) announced on Friday that it set a record for the highest number of IPOs in Asia and the largest equity capital raised globally in the primary market during the calendar year 2024. The NSE facilitated 268 IPOs in 2024, comprising 90 on the mainboard and 178 in…
Source: Live Mint Reliance Power share price rallied over 5 per cent on January 1, 2025, after Sasan Power Limited, a subsidiary of Reliance Power, made a bullet payment of $150 million to IIFCL, UK, settling its debt obligation on December 31, 2024. Reliance Power’s stock gained by 5 per cent, reaching ₹44.68, compared to…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. SJVN: State-owned power producer SJVN Ltd announced on December 31 that it has signed a Memorandum of Understanding (MoU) with the Bihar government to develop the Hathidah Durgawati Pumped Storage Project (PSP) with a capacity of 1,000 MW….
Source: Live Mint Stock market holiday: The Indian stock exchanges, BSE and NSE, will remain open on Wednesday, January 1, New Year Day. There is no trading holiday declared by the stock exchanges on the first day of the new year 2025. The Indian stock market, as well as the currency derivatives, commodity derivatives, and…
Source: Live Mint Top News The mutual fund industry witnessed a remarkable surge in Systematic Investment Plan (SIP) contributions, reaching an all-time high of ₹25,320 crore in November. Despite market fluctuations, SIPs continue to attract investors due to their affordability, compounding benefits, and ability to mitigate risks through periodic investments. The milestone reflects a growing…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has proposed a platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors reconnect with their forgotten or unclaimed mutual fund investments. MITRA will assist individuals in tracing inactive or lost mutual fund folios, ensuring that no hard-earned money…
Source: Live Mint The National Stock Exchange (NSE) announced on Friday, December 20, the exclusion of futures and options (F&O) contracts for 16 securities, including Dr Lal Pathlabs, PVR INOX, and City Union Bank, among others. NSE said that, with effect from February 28, 2025, no new expiry contracts will be introduced for these securities….
Source: Live Mint Desperation swept over global markets on Thursday after the US Federal Reserve indicated a slower easing of interest rates, sending Indian stocks lower for the fourth day in a row. Markets now await the onset of the annual Santa Claus rally, when stocks tend to rise during the Christmas-New Year holiday season….
