The FinTech Hub
Source: Live Mint Shares of Emcure Pharmaceuticals were locked in a 10 percent upper circuit at ₹1,288.65 on Friday, May 23, as the stock extended its rally for a second straight session. The rally comes on the back of a strong performance for the quarter ended March 2025 (Q4FY25). The stock had already surged nearly…
Source: Live Mint Dividend Stocks: ITC, Sun Pharma, Grasim , The Ramco Cements Ltd and Clean Science and Technology Limited are the 5 key stocks that announced dividend with Q4 Results Dividend Payout , Record date details ITC Ltd– The Board of ITC recommended Final Dividend off 7.85 per Ordinary Share having face value of…
Source: Live Mint Stocks to buy under ₹100: Following the weak global market sentiments after the fall in the US stock market, the Indian stock market witnessed intense sell-off pressure on Thursday. On Wednesday, all three major Wall Street indices posted their most considerable daily monthly losses. The Nifty 50 index crashed 203 points and…
Source: Live Mint (Repeats story published on Thursday with no changes to text) India rates edge lower to $382-$389 per ton Thailand prices slip to $405-$410 on exchange rate fluctuations, quiet demand Bangladesh’s Aush rice output falls for fourth straight year By Sherin Elizabeth Varghese May 22 (Reuters) – India’s rice export prices slid to…
Source: Live Mint The Nifty 50 closed at 24,609.70, down 203.75 points or 0.82%, while the BSE Sensex fell 644.64 points to settle at 80,951.99, marking a pause in the recent upward momentum. Interestingly, the Bank Nifty showed resilience by closing in the green at 54,941.30, up 133.80 points or 0.24%, indicating some strength in…
Source: Live Mint Sounding the alarm bell following weak auction results for a $16 billion sale of 20-year bonds, best-selling author Robert Kiyosaki predicted: THE END is HERE. Taking to the social media platform X, the Rich Dad Poor Dad author warned that “the party is over” and claimed hyperinflation has arrived. He further stated…
Source: Live Mint (Bloomberg) — Long-term US Treasury yields are rising as investors revolt against ballooning government spending, but Deutsche Bank’s Tim Baker warns that the US dollar may end up paying the bigger price if fiscal concerns persist. Thirty-year Treasury yields surged over 5% this week to their highest level since 2023, after Republicans…
Source: Live Mint (Bloomberg) — Michael Saylor’s Strategy plans to sell up to $2.1 billion of 10% perpetual strife preferred stock. The latest offering hit as Bitcoin rose to an all-time high. Sales of the preferred shares will be made as an “at the market offering,” meaning the securities will be sold from time to…
Source: Live Mint Loonie trades in a range of 1.3847 to 1.3889 Price of U.S. oil settles 0.6% lower Bond yields ease across the curve TORONTO, May 22 (Reuters) – The Canadian dollar steadied against its U.S. counterpart on Thursday as the greenback notched broad-based gains and ahead of domestic retail sales data that could…
Source: Live Mint (Bloomberg) — The manager of the Federal Reserve’s massive portfolio of securities said the central bank’s effort to reduce the size of its balance sheet is beginning to place pressure on the market for repurchase agreements. That pressure likely means the Fed’s tools for controlling short-term interest rates will become increasingly important,…
