The 30-share BSE Sensex was down 144.51 points at 81828.54
Exxaro Tiles share rise 4% on 1:10 stock-split announcement; details here (15-10-2024)
The surge in Exxaro Tiles share price came after the company announced that its board has approved a 1:10 stock split.
Bajaj Finance, Bandhan Bank among 5 stocks with short buildup (15-10-2024)
In Tuesday’s trading session, five stocks saw fresh short positions being built.
GAIL shares up 1.04% as Nifty drops (15-10-2024)
A total of 227,038 shares changed hands on the counter till 11:00AM (IST).
Volumes spurt at Mastek Ltd counter (15-10-2024)
Mastek Ltd notched up volume of 6.16 lakh shares by 10:47 IST on BSE, a 111.01 fold spurt over two-week average daily volume of 5547 shares
J.Kumar Infra bags work order worth Rs 298 crore (15-10-2024)
J.Kumar Infraprojects announced that it has received work order worth Rs 297.83 crore from Pune Municipal Corporation.
Stock market update: Nifty Bank index advances 0.01% in a weak market (15-10-2024)
The Nifty Bank index was trading 0.01 per cent up at 51821.2.
Fino payments Bank – Can the unique business model spring a surprise? (15-10-2024)
Business model is good and they have done it right. Going forward would like to understand the following points:
- Their subscription model is bingo, Indian customer paying for a commodity like bank account (full marks to fino). How do they expect to scale it. Secondly, what protects from competition offering this same product at a discounted price.
- once they have the license, which they should get purely because on franchise they have built, how they wish to scale the deposit base.
a) Exisiting base
b) new urban and semi urban base ( - to garner deposit they will have to shell out decent RoIs, then what NIMs they will to play in lending game.