Finance News

Top Gainers and Losers today on 10 May, 2024: Bharat Petroleum Corporation, NTPC, Tata Consultancy Services, Cipla among most active stocks; Check full list here

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Top Gainers and Losers today on 21 March, 2024: Bharat Petroleum Corporation, NTPC, Bharti Airtel, HDFC Life Insurance Company among most active stocks; Check full list here

In terms of performance, the Nifty Midcap 50 outperformed the Nifty 50, closing 1.12% higher. Similarly, small cap stocks outperformed the Nifty 50, with the Nifty Small Cap 100 ending at 15995.7, up by 111.05 points and 0.69% higher. Looking at the returns of the Nifty 50 over different time periods, it has seen a … Read more

Akshaya Tritiya: 5 key factors you should consider when investing in real estate

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Akshaya Tritiya: 5 key factors you should consider when investing in real estate

We, Indians, hold our traditions and cultural beliefs very close to our hearts, finding significance in the rituals that shape our lives. The auspicious festival of Akshaya Tritiya, falling on the third day of the Hindu month of Vaishakha, carries a sacred message of prosperity and success. Hence, purchasing gold on this day is considered … Read more

Slone Infosystems share price makes a bumper debut, stock opens with 50% premium at ₹118.50 apiece on NSE SME

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Slone Infosystems share price makes a bumper debut, stock opens with 50% premium at ₹118.50 apiece on NSE SME

Slone Infosystems share price made a blockbuster debut on NSE SME today. Slone Infosystems share price opened at ₹118.50, which is 50% higher than the issue price of ₹79. The Slone Infosystems IPO subscription period began on Friday, May 3, and closed on Tuesday, May 7. The Slone Infosystems IPO price band was established at ₹79, … Read more

Skip gold this Akshaya Tritiya; consider THESE 5 alternative investment options, say experts

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Skip gold this Akshaya Tritiya; consider THESE 5 alternative investment options, say experts

Akshaya Tritiya 2024: Investing in gold has long been a tradition for investors seeking stability and security in their portfolios. However, there are alternative avenues that offer similar benefits with unique advantages. Diversifying investment portfolios with these alternative instruments alongside or instead of gold can enhance risk-adjusted returns and align with specific investment objectives and … Read more

Stocks, Bonds Gain After $25 Billion Treasury Sale: Markets Wrap

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Equities rose as a jump in jobless claims reinforced bets on Fed policy easing — and extended gains after a $25 billion sale of 30-year bonds saw decent demand. The S&P 500 topped 5,200 — though trading volume was 20% below the average of the past 30 days. Gains in stocks have also been attributed … Read more

How does a pre-approved loan influence your CIBIL score? MintGenie explains

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How does a pre-approved loan influence your CIBIL score? MintGenie explains

When you are given a loan’s pre-approval, it usually has a minimal impact on your CIBIL score. This happens because it leads to a soft inquiry rather than a hard inquiry. In other words, loan pre-approval does not influence your CIBIL score in any significant way. Let us understand what is a soft inquiry. Pre-approval … Read more

Stocks wilt as Street vigil on polls raises fear factor

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Stocks wilt as Street vigil on polls raises fear factor

Amid steep volatility, expiring weekly index options and foreign investor selling, the bellwether Nifty plunged 1.55% to 21,957.5, its biggest single-day fall since 17 January, while the Sensex fell 1.45% or 1,062 points to 72,404.17, its worst since 23 January. Nifty’s top five losers alone accounted for almost three-fifths of the index’s 345-point fall. Foreign … Read more

CIBIL score on a decline? 6 key steps to follow to improve it

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CIBIL score on a decline? 6 key steps to follow to improve it

Maintaining a healthy credit score is vital for financial stability. There are numerous factors responsible for a healthy credit score such as length of credit history and credit utilisation ratio. Additionally, if you are struggling to make payments, consider reaching out to your creditors to discuss alternative payment arrangements or hardship programs. Your bank may … Read more

Muthoot, Manappuram Finance fall over 8% on RBI’s advisory on cash disbursal; here’s what it means for gold financiers

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Muthoot, Manappuram Finance fall over 8% on RBI's advisory on cash disbursal; here's what it means for gold financiers

Shares of gold financing companies – Muthoot Finance, and Manappuram Finance – were trading under pressure on Thursday after the Reserve Bank of India (RBI) sent the companies an advisory concerning cash disbursal of loans. The RBI has instructed Non-Banking Financial Companies (NBFCs) to strictly follow the provisions of the Income Tax Act regarding cash … Read more

Sebi releases master circular for RTAs. Key points explained here

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Sebi releases master circular for RTAs. Key points explained here

The Capital markets regulator Securities and Exchange Board of India (Sebi) has recently issued a master circular for all registered registrars to an issue and share transfer agents (RTAs). The circular stipulates numerous details ranging from registration to responsibilities, transfer related matters, investor grievance redressal, investor charter, cyber security, and role of RTAs with respect … Read more