The FinTech Hub
Source: Live Mint Leading this unlikely trio was NTPC Ltd, which added about 1.7 million new individual investors in the September quarter, thanks to its strong growth and green energy ambitions. That’s the highest number of investors added by any BSE-listed stock during the quarter. In the December 2023 quarter, the state-owned power company had…
Source: Live Mint Imagine someone offers you VIP tickets to a concert for which others are struggling to gain entry (Coldplay, anyone?) That’s what the Edelweiss Recently Listed IPO Fund, India’s only IPO-focused fund, promises to do for retail investors who find it hard to get allotments in initial public offerings. It isn’t easy for…
Source: Live Mint Edelweiss Mutual Fund’s managing director and chief executive officer (CEO), Radhika Gupta, supported ordinary investing compared to chasing unrealistic gains offered by potential fraudsters in the market waiting to entrap retail investors. Gupta took to her social media profile on platform X and said that investors should stick to “dal-chawal investing” (ordinary…
