Foreign portfolio investors (FPIs) extended their buying streak to July after turning net buyers last month as stability returned to Indian markets. FPIs had halted their buying streak with the onset of the new fiscal 2024-25 (FY25). Volatility due to Lok Sabha elections 2024 and results, outperformance in Chinese markets, and other global cues had…
SoftBank-backed Ola Electric’s IPO will open for retail subscription on Aug. 2, the Indian electric scooter maker said on Saturday, a stock offering that according to two sources will value the company between $4.2 billion to $4.4 billion. The issue, which will open for institutional investors a day earlier on Thursday, will close for retail…
1:10 Stock split effect: As Rome was not built in a day, a stock market investor can’t become rich overnight. It is often said that money is not in buying and selling stocks but in waiting. This rule also applies to an IPO (Initial Public Offering) investor. If an IPO investor is convinced about a…
Stock split 2024: In one year, Hazoor Multi Projects’ share price has delivered whopping returns to its positional shareholders. In one year, the share price has risen from around ₹116 apiece to ₹384 apiece, logging more than 225 rises. So, this small-cap stock is one of the multibagger stocks of the Indian stock market. There…
Stock split 2024: Srestha Finvest shares are one of the multibagger penny stocks that the Indian stock market has delivered in one year. In one year, the small-cap penny stock under ₹5 has risen from around ₹1.10 to ₹2.41 apiece on the BSE, logging nearly 120 percent. However, there is some stock market news for…
Recently, I was talking to a relative who has a 3-year-old daughter. Being an investment advisor, many of the general conversations with extended families tend to steer towards investments. This relative of mine told me that he is investing ₹1.5 lakh yearly in the Sukanya Samriddhi Yojana account for his daughter’s future. I asked him…
The Time Variant Authority has captured Deadpool, and a man called Paradox tries to lure Deadpool to the dark side. After all, he has nothing to live for. He’s just celebrated a birthday, his girlfriend has left him, he has no job to speak of, and the Avengers have rejected him… Did I say ‘rejection’?…
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on…
The Budget has dealt a blow to property owners by removing the indexation benefit. Previously, sellers could adjust the purchase price of a property for inflation, which would significantly reduce capital gains tax. The silver lining, however, is that the long-term capital gain (LTCG) tax has been reduced to 12.5% from 20% earlier. But, those…
Bank Holiday on July 27: Today, July 27 is the fourth Saturday of the month, which means that it is a non-working day for all banks across India — whether public or private, and including the State Bank of India (SBI). Notably, all banks in India are shut each month on the second Saturday, fourth…
