The FinTech Hub
Source: Live Mint As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will…
Source: Live Mint Following better-than-expected September quarter results, global brokerage firm Nomura India has reaffirmed its ‘Buy’ rating on Vodafone Idea, setting a target price of ₹14. This suggests a potential 91 percent upside from the stock’s closing price of ₹7.34 on Friday. Nomura anticipates that the pace of subscriber losses for the telco will…
Source: Live Mint US stock Indices edged higher on Thursday after producer prices data. At the opening bell, the Dow Jones Industrial Average rose 74.2 points, or 0.17%, to 44,032.38. The S&P 500 rose 4.3 points, or 0.07%, to 5,989.68, while the Nasdaq Composite rose 25.4 points, or 0.13%, to 19,256.09. Read Full Article
Source: Live Mint Gold Financier Muthoot finance announced its results for the quarter ending September 2024 on Thursday, November 14. The Company’s consolidated net profit came in at ₹1321 crore in Q1FY25, up 20.6 percent as against ₹1095 crore in the same period last year. Meanwhile, it total revenue from operations increased almost 37 percent…
Source: Live Mint Wall Street stocks were mixed on Wednesday after data showed consumer price inflation rose last month. As of 10:59 am Eastern time, the S&P 500 was virtually flat, the Dow Jones Industrial Average was up 0.3 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 9:35 am Eastern time,…
Source: Live Mint Kalyan Jewellers Ltd., headquartered in Thrissur, Kerala, released its earnings report for the September quarter, revealing a decline in both net profit and profit margins year-on-year. The jewelry retailer reported a net profit of ₹130 crore, reflecting a 3.3 percent decrease from ₹134.8 crore in the corresponding period of the previous year….
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in five stocks on Wednesday, November 13, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint US stocks were muted on Tuesday as investors were awaiting the key economic data such as inflation and retail sales due later in the week. At the opening bell, the Dow Jones Industrial Average rose 66.1 points, or 0.15%, to 44,359.21. The S&P 500 rose 2.3 points, or 0.04%, to 6,003.6, while…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in five stocks on Tuesday, November 12, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. At the opening bell, the Dow Jones Industrial Average rose 254.75 points, or 0.58%, to 44,243.74. The S&P…
