The FinTech Hub
Source: Live Mint SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Investors who had invested ₹1.5 lakh in its IPO in February 2016 would have turned ₹51 lakh till now. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of…
Source: Live Mint Private sector lender HDFC Bank surged over 3 per cent in intra-day deals on Monday, November 25 to a fresh record high of ₹1801.90. This is the first time the stock has crossed the ₹1,800 mark. The rally comes as the broader market gained significantly, driven by the BJP-led NDA’s victory in…
Source: Live Mint Rajesh Power Services IPO: Rajesh Power Services’ SME IPO opened for subscription today, Monday, November 25. The three-day public offer, which will close on November 27 aims to raise ₹160.47 crore through the offering. The IPO has set a price band for the issue in the range of ₹319-335 per share. Rajesh…
Source: Live Mint US stocks advanced on Monday after Scott Bessent was nominated as Treasury Secretary in the incoming Donald Trump administration. At 09:50 a.m. the Dow Jones Industrial Average rose 459.25 points, or 1.03 per cent, to 44,753.77, the S&P 500 gained 43.12 points, or 0.72 per cent, to 6,012.50 and the Nasdaq Composite…
Source: Live Mint After a significant correction over the past month, Indian benchmark indices have shown signs of recovery. Both the Sensex and Nifty 50 extended gains on Monday, November 25, marking the second consecutive day of upward movement. The surge followed the landslide victory of the BJP-led NDA alliance in the state elections in…
Source: Live Mint Market participants on Wall Street in the holiday-shortened week ahead will have a lot of significant economic data to watch for. Among the economic reports, the week will see third quarter gross domestic product (GDP) numbers, the personal income and Personal Consumption Expenditures price index data, the Fed’s preferred inflation gauge, for…
Source: Live Mint Stock market today: Domestic equity benchmarks Sensex and Nifty 50 posted their best session since early June on Friday, November 22, snapping a two-week losing streak. Easing worries about credit risks from exposure to Adani Group stocks lifted heavyweight financials. Market heavyweights Reliance Industries, Infosys, and Tata Consultancy Services (TCS) also lifted…
Source: Live Mint HCL Tech vs Tech Mahindra: IT stocks have been in focus since the US election results were announced. The Nifty IT index has gained more than 3 per cent since then, buoyed by expectations of increased spending by US clients and a strong dollar. Many companies in the US rely on Indian…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint US stocks were subdued on Wednesday amid escalating geopolitical tensions between Russia and Ukraine, and as investors awaited chip giant Nvidia’s quarterly results. At the opening bell, the Dow Jones Industrial Average rose 27.1 points, or 0.06 per cent, to 43,296.05. The S&P 500 fell 2.6 points, or 0.04 per cent, to…
