The FinTech Hub
Source: Live Mint New York-based investment giant Blackstone Inc. will acquire a 40 per cent stakeholding in Kolte-Patil Developers Limited, an Indian real-estate firm, for a value of ₹1,167.03 crore, according to an exchange filing. This transaction will trigger an open offer for Blackstone to purchase the shares from the existing promoter shareholders. According to…
Source: Live Mint Stock market today: The main domestic indices, Nifty 50 and Sensex, slipped on Wednesday, influenced by a decline in information technology stocks amid concerns about US economic growth that overshadowed broader advances. As of 12:15 IST, the Nifty 50 had decreased by 0.57% to 22,368.90, while the Sensex dropped by 0.53% to…
Source: Live Mint Even though Bharti Hexacom share price has seen a solid gains of over 100 per cent since its listing in April 2024, brokerage firm Motilal Oswal Financial Services remains bullish about the stock due to the company’s health growth prospects. Bharti Hexacom stock debuted on Indian bourses on April 12, 2024. As…
Source: Live Mint Stock Market news: The major domestic indices, Nifty 50 and Sensex, concluded Friday’s trading session close to flatline amid varying global signals. By the end of the trading day, the Nifty 50 had gained 7.80 points or 0.03% to reach 22,552.50, while the Sensex saw a decline of 7.51 points or 0.01%…
Source: Live Mint Stocks to buy under ₹100: Indian markets closed Friday’s session on a flat note but performed better than global and Asian markets, which declined following new U.S. economic data signaling slowing growth amid rising global trade tensions. The Nifty50 edged up by 0.03% at the close, finishing the week with a 1.93%…
Source: Live Mint Multibagger small-cap stock: RDB Infrastructure and Power (previously known as RDB Realty & Infrastructure) announced on Saturday, March 8, that the company has received a multi-crore work contract from Vardhman Group Realbuild LLP to build a Mumbai property, as per a BSE filing. The company also disclosed that the contract amount will…
Source: Live Mint Bank of America (BofA) Securities has projected that the Nifty 50 index could reach 25,000 by December 2025, highlighting its attractive valuations following recent corrections. This forecast suggests a potential upside of approximately 11 percent from its current level of 22,545. Despite this optimism, BofA remains conservative regarding earnings expectations, positioning its…
Source: Live Mint Maintaining their winning run for the fourth consecutive trading session, shares of Polycab India, the country’s largest cables & wires company, jumped another 3.5% in today’s intraday trade, March 5, reaching ₹5078 apiece after global brokerage firm Morgan Stanley maintained its bullish view on the company, citing the continued demand in the…
Source: Live Mint This chemical stock has been undergoing a lot of pain and was subject to some intense sell-off. The last few days have been spent in consolidation, and now, with volatility expanding to the upside, one can look at some potential rise in store. Also, the rebound emerging in certain high beta stocks,…
Source: Live Mint Market recap: Nifty 50 on 4 March On 4 March, the Sensex and Nifty declined due to the impact of new US tariffs on major trading partners such as China, Canada, and Mexico. These tariffs unsettled global markets and hurt investor confidence. Sensex finished in negative territory for the third consecutive session,…
