The FinTech Hub
Source: Live Mint Zinka Logistics Solution Limited’s initial public offering (IPO) will open for public bidding on Wednesday, November 13, and close on Monday, November 18. The company operates the BlackBuck app, which caters to truck operators. It gives them the platform to offer payments, telematics, a freight marketplace, and vehicle financing services to help…
Source: Live Mint The much-awaited Swiggy Limited’s initial public offering (IPO) is poised to make its Dalal Street debut on Wednesday, November 13. The food delivery and quick commerce company is expected to finalise its share allotment on Monday, November 11. The successful bidders from the public issue can expect their shares to be credited…
Source: Live Mint Buy or sell: After a week marked by significant global events, including the US presidential election and the Federal Reserve meeting, the Nifty Index wrapped up at 24,148. Despite some volatility, the index remains trapped within a trading range of 23,800 to 24,800. The direction of the breakout, either above or below…
Source: Live Mint Buy or sell stocks: Indian stock market benchmarks- the Sensex and the Nifty 50- closed with losses for the week ended November 8, primarily due to foreign capital outflow amid concerns over weak Q2 earnings and elevated valuations. A 25 bps rate cut by the US Fed offered no relief as the…
Source: Live Mint Top News SEBI Mandates Enhanced Transparency in Mutual Fund Disclosures Starting December 2024 In a recent regulatory update, the Securities and Exchange Board of India (SEBI) introduced new measures to enhance transparency in the mutual fund industry. Beginning December 5, 2024, fund houses are required to distinctly disclose expenses and returns for…
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
Source: Live Mint Breakout stocks to buy or sell: Indian stock market benchmarks, the Sensex and the Nifty 50, snapped their two-day winning run in the previous session on heavy profit booking across segments. The Sensex and the Nifty 50 both fell over a per cent, while the mid- and small-cap indices on the BSE…
Source: Live Mint Bharat Global Developers (BGDL) share price was locked in the 5% upper circuit limit on Thursday, November 7 after the company announced the receipt of an order from Reliance Industries Ltd (RIL). BGDL stock price was trading 5% higher at ₹903.40 apiece on the BSE. Bharat Global Developers said it has been…
Source: Live Mint Niva Bupa Health Insurance Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, opened for subscription on Thursday, November 7. The public offer was subscribed 65 per cent on the first day as investors bid for 11.19 crore shares, compared to 17.28 crore…
Source: Live Mint Swan Energy shares surged 14.68 per cent to reach an intraday high of ₹569.45 on Thursday, November 7, after the company disclosed that it has no assets or business operations in Myanmar. Swan Energy also said it has no association or affiliation with Asia Sun Trading Company, which is owned or controlled…
