The FinTech Hub
Source: Live Mint Mumbai: Anticipating a significant movement in stocks in response to key upcoming events – the Union Budget for FY26 on Saturday and the RBI policy meeting outcome on 7 January, market participants raised aggregate positions in Nifty futures contracts to a seven-year high on Thursday, according to provisional exchange data. Nifty combined…
Source: Live Mint Kirloskar Pneumatic Company Limited has announced an interim dividend of ₹3.50 per share (175 percent) for the financial year 2024-25 (FY25). The record date to determine shareholders’ eligibility for the dividend is set for February 7, 2025, with the payment scheduled on or before February 25, 2025. In an official regulatory filing,…
Source: Live Mint Adani Group stock Ambuja Cement announced its December quarter results on Wednesday, January 29, 2025. The cement company posted a net profit of ₹1,758.03 crore, soaring multifold, over 242 percent as against ₹513.68 crore in the same period last year. Sequentially as well, the profit surged 251 percent from ₹500.66 crore in…
Source: Live Mint US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. At 11:56 a.m. ET, the Dow Jones Industrial Average rose 64.23 points, or 0.14 per cent, to 44,775.51, the S&P 500 gained 29.71 points, or 0.49 per cent, to 6,041.99 and the Nasdaq Composite gained 240.65…
Source: Live Mint US stock indices edged higher on Tuesday after previous session’s sharp losses amid a tech-led selloff. As of 10:20 am Eastern time, the S&P 500 was 0.3 per cent higher. The Dow Jones Industrial Average was up 0.3 per cent and the Nasdaq Composite was 0.8 per cent higher. At the opening…
Source: Live Mint US stock indices opened higher on Tuesday after previous session’s sharp losses. At the opening bell, the Dow Jones Industrial Average rose 42.8 points, or 0.10%, to 44,756.36. The S&P 500 rose 14.7 points, or 0.24%, to 6,026.97, while the Nasdaq Composite rose 76.4 points, or 0.39%, to 19,418.219. Nvidia and other…
Source: Live Mint State-owned oil PSU Oil India Ltd (OIL), known for its consistent dividend payouts, announced that it will release its December quarter (Q3FY25) financial results on February 7, 2025. The company has scheduled a board meeting to discuss and approve the unaudited financial results for both the quarter and nine-month periods ending December…
Source: Live Mint Nifty 50 on 27 January: A recap The Nifty 50, India’s benchmark index, extended its losing streak for a second consecutive session on Monday, 27 January, closing below 22,829.15. The index opened the day with a gap-down at 22,940 and remained range-bound between 22,786 and 23,007. The broad-based selloff was driven by…
Source: Live Mint Wall Street stocks declined sharply on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chip giant Nvidia and other Big Tech companies. Nvidia stock crashed over 17 per cent. Among the Big Tech stocks, Microsoft, Meta Platforms and Google-parent Alphabet lost between 2.2 per…
Source: Live Mint Wall Street in the week ahead will witness plenty of economic data, but major focus of investors will on the US Federal Reserve’s monetary policy. The us central bank will release its interest rate decision, the first of year 2025, on Wednesday. After three straight rate cuts last year, the Fed is…
