The FinTech Hub
Source: Live Mint Stock market losses are never pleasant—whether through direct equities or mutual funds—but they offer a rare silver lining: the potential to reduce your tax liability through capital loss set-offs. Here’s how savvy investors can use this to their advantage. Set-off against gains Capital losses can be set off against capital gains, allowing…
Source: Business Standard Bank stocks had a good day on Thursday, climbing 1 per cent, making them the best performing sector. | Representative Picture 3 min read Last Updated : Oct 11 2024 | 9:10 AM IST Nifty futures signal a positive start on Friday, tracking gains in most other Asian markets. US equities…
Source: Live Mint Following three months of positive but muted returns, brokerage Equirus Capital has initiated coverage on NBFC stock MAS Financial Services with a ‘long’ recommendation and a target price of ₹401, indicating an upside potential of over 38 per cent. “We believe MASFIN has the perfect elements (promoter pedigree, stellar asset quality track…
Source: Live Mint Shares of Cummins India experienced a sharp decline of approximately 6 per cent during intra-day trading on Friday, October 11. This drop came in the wake of a downgrade from global brokerage house Goldman Sachs, which has revised its rating on the stock to ‘sell.’ Alongside this downgrade, the brokerage also reduced…
Source: Live Mint Indian Renewable Energy Development Agency (IREDA) on Thursday, October 10 reported a net profit of ₹387.74 crore for the quarter ended September 30, 2024, up over 36% uptick from ₹284.73 crore reported in the year-ago period. The net profit figure is also marginally higher than the ₹383 crore it reported during the…
Source: Live Mint Retail stock Arvind Fashions has been on an impressive run lately, catching the eye of investors with its remarkable performance. Over the past year, the retail stock has surged by more than 81%. In 2024 so far, it has climbed nearly 46%, delivering positive returns in six out of the ten months…
Source: Live Mint Shares of AA Plus Tradelink was locked in its 5 percent lower circuit at ₹20.63 on Thursday, October 10 after the company announced that its board will meet on October 24 to consider stock split and bonus issue. As per the filing, the Board of Directors of AA Plus Trade Link Ltd….
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Live Mint The pace and quantum of foreign investors dumping Indian stocks for a China “hope trade” has dragged benchmark indices to the brink of a pullback—defined as a 5-10% fall from the peak over just four sessions through Friday. To top that, Indian benchmarks displayed their worst weekly performance in four-and-a-half years. The…
Source: Business Standard Stock Market, BSE, NSE, Nifty, Capital(Photo: Shutterstock) 3 min read Last Updated : Sep 27 2024 | 6:27 AM IST Nifty Energy Index: Bullish Trend with Profit Booking Expected The Nifty Energy Index is currently in a bullish trend, but it has reached a critical resistance level at 44,325 in…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25797550/8bitdo1.jpg?w=400&resize=400,250&ssl=1 "8BitDo’s new mini Xbox controller fits gamers with smaller hands")