The FinTech Hub
Source: Live Mint IT stocks in focus: Although the Nifty IT index rebounded sharply during the second half of April, it ended the month in negative territory, extending its losing streak to a fourth consecutive month—the longest such streak since 2016—losing 3% of value. Seven out of the 10 constituents of the index closed lower…
Source: Live Mint Indian IT stocks are back under pressure as fears of a US-led recession gain traction following President Donald Trump’s announcement of sweeping “reciprocal tariffs” on over 180 countries. The United States remains the most critical market for Indian IT services, and any slowdown in that economy is expected to significantly dampen sector…
Source: Live Mint 52 Week Low Stocks Today on December 20, 2024: Shares of Sanghi Industries, Creditaccess Grameen, P&G Hygiene & Health Care, Spandana Sphoorty Financial, Nestle India hit their fresh 52 wk lows today. Nifty 50 was down by -15.9(-0.07%) points and Sensex was down by -20.07(-0.03%) points at 20 Dec 2024 10:59:57 IST….
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
Source: Live Mint As many as 163 stocks, including HCL Tech, Persistent Systems, Indian Hotels and Federal Bank, hit their fresh 52-week highs in intraday trade on BSE on Friday, November 22, as the Indian stock market witnessed broad-based buying, driving the benchmark indices—the Sensex and the Nifty 50—up by over 2 per cent each….
Source: Live Mint Share market today: In a recent conversation with Mint, Aamar Deo Singh, Senior Vice President of Research at Angel One Ltd, emphasized that Samvat 2081 holds promise overall, yet volatility will persist due to the current state of the global economy and geopolitical tensions. Significant market swings, which offer both opportunities and…
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
Source: Live Mint MUMBAI : The Nifty IT index rose around 14% in the September quarter, compared to the Nifty50’s 7% returns, reflecting hopes of demand recovery. The US Federal Reserve took a monetary policy pivot, cutting rates by a jumbo 50 basis points (bps) in September. One basis point is 0.01%. This major event…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%,…
Source: Business Standard 3 min read Last Updated : Sep 19 2024 | 10:34 AM IST IT stocks shine: Information technology (IT) stocks were buzzing in trade on Thursday, September 19, 2024, with some shares rising by as much as 4 per cent during intraday trading. The Nifty IT index climbed 1.80 per…
