The FinTech Hub
Source: Live Mint The Indian stock market was thrown into the deep end and wrought with several challenges throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The battles compelled the frontline indices to enter the bear market just a few days ahead of Diwali’24 and the onset…
Source: Live Mint Tech Mahindra Ltd, which is undergoing a transformation, saw decent performance in the September quarter (Q2FY25). True, expectations were quite low. Still, a gradual revival in key verticals was welcome. Sequential constant-currency revenue grew 0.7% in Q2FY25 – beating the consensus estimate of 0.4% – led by the communication vertical, followed by…
Source: Live Mint Multibagger penny stock: Shares of Sarveshwar Foods surged nearly 10 per cent in intra-day trading on Monday, October 21 after the company posted impressive financial results for the quarter ended September 2024 (Q2FY25). The microcap FMCG firm, which focuses on organic products, has shown significant growth in both revenue and profit, attracting…
Source: Live Mint The Indian stock market logged its worst loss since the beginning of 2024, dragged down by corporates’ largely disappointing quarterly earnings, inflation concerns, and foreign investors exiting the market to invest in China. D-Street experts say the domestic market is bracing for a potentially challenging period, with several factors poised to influence…
Source: Live Mint Q2 results today on October 18: At least 34 companies are set to release their July-September quarter financial results today, on Friday, October 18, according to BSE data. Further, several major blue-chip firms are scheduled to declare their Q2 results today and on October 19 (Saturday). The second quarter results (Q2FY25) season…
Source: Live Mint A key takeaway from the September quarter (Q2FY25) earnings of HDFC Life Insurance Company Ltd is that pressure on value of new business (VNB) margin continues. VNB margin came in at 24.4% in Q2FY25, down sequentially and year-on-year. An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new…
Source: Live Mint The Indian stock market has been undergoing a correction since September 27 and significantly underperforming its Asian peers. India is at a risk of seeing its premium valuations, held since May 2021, narrowing in the coming months. In contrast, global investors are increasingly drawn to the Chinese market due to its low…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
Source: Business Standard Stock Market Today, October 14, 2024: Indian equity indices, including Nifty50 and BSE Sensex, are expected to begin the day on a positive note, buoyed by mixed signals. At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a positive start for the…
Source: Live Mint Stock Market News: The Nifty 50 and Sensex, which are the main benchmark indices in the country, saw decreases in their daily and weekly performance due to foreign outflows, slowing corporate earnings, and escalating tensions in the Middle East on Friday. At the close of the week, the Sensex concluded at a…
