The FinTech Hub
Source: Live Mint The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to “fears or risks of market manipulation and /or excessive market volatility” among market participants. The regulator proposed a set of measures in a consultation paper on Monday, seeking public…
Source: Live Mint Investors chase returns – and that’s what makes them euphoric about equities and multibagger stocks in particular. Sample this – if you had bought shares of TCPL Packaging Ltd worth ₹10 lakh 16 years ago, your investment would now be worth nearly ₹20 crore. A multi-bagger stock can be a wealth-creating machine,…
Source: Live Mint Aditya Birla Group-owned UltraTech Cement’s board of directors on Tuesday, February 25, announced that the company has approved the demerger of Kesoram Industries Limited and a ₹1,800-crore capex investment, according to an exchange filing. The cement maker’s board has agreed to issue one equity share of ₹10 each for every 52 equity…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a tepid note on Tuesday, tracking weakness in global markets. The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 22,595.00 level, a discount of nearly…
Source: Live Mint Indian households are expected to continue investing in gold despite the boom in equity as an asset class as they consider the precious metal to be a store of value, according to a research report by brokerage firm Kotak Institutional Equities. “Indian households will likely continue to see gold as a store…
Source: Live Mint On a day when trading volumes were low, the Indian markets continued their downward spiral for the fifth straight session on Monday. Benchmark indices slid more than 1% each to their respective eight-month lows, wiping out a staggering ₹4,34,579 crore in investor wealth in a day. Total turnover on NSE—at ₹71,947.32 crore—was…
Source: Live Mint Small-cap stock under ₹20: Pradhin Limited, on Monday, February 24, announced that the firm had fixed its record date as March 7, 2025, for the stock split and the bonus issue of the company’s equity shares. The company announced a stock split of one equity share with a face value of ₹10…
Source: Live Mint HealthCare Global share price jumped 7% on Monday after global investment firm KKR announced to buy a majority stake in the company. HealthCare Global shares spiked as much as 7% to a high of ₹535 apiece on the BSE. KKR has signed a definitive agreement to acquire up to 54% stake in…
Source: Live Mint The combined market valuation of eight of the top-10 most valued firms eroded ₹1,65,784.9 crore last week, with Tata Consultancy Services (TCS) taking the biggest hit, in line with bearish trends in equities. Last week, the BSE benchmark declined 628.15 points, or 0.82 per cent, while the Nifty went lower 133.35 points,…
Source: Live Mint Dividend Stocks: Shares of several major companies, which includes International Gemological Institute (IGI) India, Power Finance Corp., Panchsheel Organics, and SBI Cards and Payment Services, are set to trade ex-dividend from Monday, February 24, according to the data collected from BSE. Also Read | Jhunjhunwala-backed multibagger PSU stock sheds 42% in 6…
