The FinTech Hub
Source: Live Mint Wall Street in the week ahead is expected to be guided by several economic data such as jobs report for September, S&P manufacturing and services PMIs. The employment numbers could impact investors’ views on the Federal Reserve’s next move at its monetary policy meeting on November 6-7. Market participants will also closely…
Source: Live Mint The Indian stock market recently made headlines as the Sensex surpassed the remarkable 85,000 mark, a significant milestone that has sparked optimism among investors and analysts alike. With this achievement, the prospect of reaching the coveted 1 lakh (100,000) mark seems increasingly plausible. Several factors, including strong economic projections, robust global market…
Source: Live Mint Power stock GMR Power and Urban Infra has witnessed a remarkable multibagger rally. The stock soared over 313 per cent in the last one year. So far in 2024, the stock has rallied almost 190 per cent, giving positive returns in seven out of nine months. In September, the stock jumped almost…
Source: Live Mint US stocks edged higher on Thursday as Micron’s upbeat forecast revived the frenzy around artificial intelligence. At the opening bell, the Dow Jones Industrial Average rose 198.7 points, or 0.47%, to 42,113.42. The S&P 500 rose 40.0 points, or 0.70%, to 5,762.22, while the Nasdaq Composite rose 245.1 points, or 1.36%, to…
Source: Live Mint Shares of Gensol Engineering surged over 7 percent in intra-day trading on Thursday, September 26, following the announcement that the company’s promoter and managing director, Anmol Singh Jaggi, purchased 12,000 shares from the open market. This acquisition increased his stake in the company to 21.17 percent. “This is for the information of…
Source: Live Mint US stock indices were subdued on Wednesday, as investors were awaiting further data on the state of the economy. The next big economic data due this week will be on personal income and personal spending for August, and PCE (Personal Consumption Expenditures) index for August. As of 9:35 a.m. Eastern time, the…
Source: Live Mint US stock indices edged higher on Tuesday, with commodity shares gaining after China unveiled a bumper stimulus package. China’s central bank on Tuesday announced a broad set of changes to bolster its economy, including a cut in slew of rates. As of 9:35 a.m. Eastern time, the S&P 500 was 0.1 per…
Source: Live Mint US stocks rose on Monday as investors focused on comments from Federal Reserve policymakers and economic data due this week. Fed presidents Raphael Bostic, Neel Kashkari and Austan Goolsbee supported the last week’s rate cut and voiced support for more cuts in the rest of 2024. At 11:44 a.m. the Dow Jones…
Source: Live Mint Volatility is the lifeblood of financial markets. It creates profit opportunities but is also the source of sleepless nights for many investors. While some thrive on the adrenaline rush of market fluctuations, others shy away, deterred by the potential for losses. However, savvy investors understand that managing risk is equally critical. This…
Source: Business Standard F&O Insights for Monday, September 23, 2024: The NSE Nifty 50 index has rallied over 2 per cent thus far in September, with the momentum picking up in last week following the bumper US Fed rate cut. Amid the bull-run, foreign institutional investors (FIIs) seemed to have been well positioned…
