The FinTech Hub
Source: Live Mint IT stocks in focus: Although the Nifty IT index rebounded sharply during the second half of April, it ended the month in negative territory, extending its losing streak to a fourth consecutive month—the longest such streak since 2016—losing 3% of value. Seven out of the 10 constituents of the index closed lower…
Source: Live Mint After wild swings in recent trading sessions on Wall Street and global markets, driven by the chaos of US President Donald Trump’s multi-front trade war, investors in the week ahead will closely track the economic developments. The United States and China’sescalating tariff battle has raised fears of an enduring trade war between…
Source: Live Mint India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already…
Source: Live Mint What makes this change remarkable isn’t just the numbers—it’s the staggering 430x return Jhunjhunwala’s family has made on IKS over 17 years, turning a little-known investment into a multi-thousand-crore behemoth. This is a story of patience, conviction, and the ability to spot transformative businesses long before the market catches on. The new…
Source: Live Mint Indian technology stocks appear to be caught in a perfect storm, as a series of negative developments—particularly weak economic data from the U.S., where these companies have significant revenue exposure—have rattled investor confidence, leading to a severe sell-off on Dalal Street. Reports indicate that the U.S.’s series of tariff announcements could lead…
Source: Live Mint – Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker’s market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it…
Source: Live Mint The Nasdaq Composite index surged to an all-time high on Friday, mainly driven by tech stocks ahead of their earnings week. The Nasdaq Composite index gained 1.4 per cent, whereas the S&P 500 rose to a record high of 0.9 per cent and the Dow Jones Industrial Average rose 0.5 per cent…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Business Standard That’s the consensus view of investors and strategists after Thursday’s 5.2 per cent plunge in the Nasdaq 100 Index, the worst since March 3 min read Last Updated : Sep 25 2024 | 8:24 AM IST The BSE TECk index, which tracks the performance of technology companies listed on the Bombay…
