The FinTech Hub
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Live Mint Foreign institutional investors (FIIs) have net sold the most shares by value in four-and-a-half years so far this month amid a rally in Chinese stocks, escalating tensions in the Middle East and relatively costlier valuations of domestic equities. FII sales in the month through 11 October stand at ₹58,711 crore, according to…
Source: Live Mint Investors in Indian stocks are strategically timing their exits from one opportunity and identifying the right moment to enter another on expectations that a long-term bull run will continue to deliver better returns than all other asset classes. While timing an exit is pivotal for investors, many of those who are booking…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 11:04 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged for the tenth consecutive time, signaling a pivotal moment in the interest rate cycle. The shift from an accommodative to a neutral stance…
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: Live Mint However, with most IPOs getting oversubscribed, securing an allotment has become increasingly challenging. To boost their chances, some investors are turning to IPO loan financing—a strategy that allows them to bid for a higher number of shares than their available capital would typically permit. Read this | Why you should approach the…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 9:28 PM IST Indian investors are paying hefty premiums to invest in China markets, with stocks there posting their biggest weekly gain in nearly 16 years. Click here to connect with us on WhatsApp Savvy investors were seen making a…
Source: Live Mint The Nifty IT index surged 2.5% in early trading on Friday, buoyed by Accenture’s latest earnings report. The global IT major reported 5% year-on-year revenue growth in constant currency (CC) for the quarter ended August (Q4FY24), exceeding the mid-point of its 2-6% guidance. Accenture follows a September-August financial year, and the company’s…
Source: Business Standard 1 min read Last Updated : Sep 26 2024 | 8:21 PM IST About 63 per cent of all investors on the Grip Invest platform are millennials, said Grip Invest in a report. Grip Invest is a digital investment platform for high-yield, non-market-linked investments for retail customers. According to the…
Source: Live Mint The Multi Commodity Exchange of India (MCX) on Tuesday said it has revised transaction fees for futures and options (F&O) contracts after a directive from the markets regulator Sebi. The new rates will be effective from next month. According to a statement by MCX, the new fees will be ₹2.10 per lakh…
