The FinTech Hub
Source: Live Mint Multibagger penny stock: Paramount Communications has made headlines as a standout multibagger penny stock on Dalal Street. Once trading at sub- ₹10 levels, the stock has transformed into a valuable asset, delivering remarkable returns to its investors. Paramount’s meteoric rise serves as a testament to the high reward potential of penny stocks,…
Source: Live Mint Wall Street stocks climbed on Monday ahead of Big Tech earnings and the final phase before the November 5 US presidential election. As of 10 am Eastern time, the Dow Jones Industrial Average rose 298.63 points, or 0.71 per cent, to 42,413.03, the S&P 500 gained 27.49 points, or 0.47 per cent,…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Monday, October 28, 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 Wall Street in the week ahead will see plenty of economic data and earnings reports from five megacap companies. On the economic front, investors will closely monitor US Q3 GDP numbers, the Federal Reserve’s preferred inflation gauge – Personal Consumption Expenditures price index, and jobs report. Next week, stocks of five megacap…
Source: Live Mint Wall Street stocks rose on Friday, as Treasury yields eased and investors looked ahead to quarterly results from some of the big companies. At the opening bell, the Dow Jones Industrial Average rose 103.2 points, or 0.24 per cent, to 42,477.51. The S&P 500 rose 16.9 points, or 0.29 per cent, to…
Source: Live Mint With Samvat 2081 knocking on the door, Krishnan VR, Chief of Quantitative Research team at Marcellus advised investors to look for high-quality companies with clean accounts, returns on capital greater than the cost of capital, strong balance sheets, consistent profitability and reasonable valuations. He also suggested sticking to a long-term asset allocation…
Source: Live Mint With the arrival of Samvat 2081, Ventura Securities took a bullish stance on Indian equities, recommending five stocks that it believes hold significant upside potential. The brokerage cited promising growth across various sectors, including banking, entertainment, public services, and financial services. Ventura’s report forecasts upside potential ranging from 27 per cent to…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
Source: Live Mint But is this the right time to invest in silver at ₹100,000, or should investors look at companies positioned to benefit from rising silver prices? In other words, buy the metal—or the company that makes the metal? Silver, though less popular than gold, is a highly traded precious metal valued both as…
Source: Live Mint US stock indices edged lower on Tuesday, as Treasury yields rose amid the third quarter earnings. At the opening bell, the Dow Jones Industrial Average fell 54.8 points, or 0.13%, to 42,876.84. The S&P 500 fell 21.3 points, or 0.36%, to 5,832.7, while the Nasdaq Composite dropped 88.1 points, or 0.48%, to…
