February 27, 2025February 27, 2025 Gurugram-based fintech giant Paytm has partnered with AI startup Perplexity AI to integrate real-time, AI-driven search capabilities into its app. This collaboration aims to enhance user experience by providing instant, reliable financial insights to millions of Indian consumers. This partnership represents a major leap…
February 27, 2025February 27, 2025 Paytm has partnered with Perplexity to integrate AI-powered search into its app, allowing users to ask questions, explore topics in local languages, and make informed financial decisions. Perplexity, an AI-driven answer engine, provides real-time responses with in-line citations. Paytm stated…
Zomato is at a price-to-earning multiple (PE) of 127, Tata Motors at a PE of 41 and HDFC bank at 19. Imagine what would be the price of HDFC Bank today if it was quoting at a PE of 127. Now, don’t get surprised that among the three stocks, HDFC Bank, despite being the best…
The Indian market closed in red on Friday, dragged lower by selling in heavyweight financial and energy stocks, as worries over corporate earnings dampened market sentiment, while IT stocks stood out as the only gainers after quarterly update from sector leader TCS suggested early signs of a demand recovery. The benchmark BSE Sensex lost 241.30…
Indian benchmark equity indices closed higher on Monday, led by gains in banking and IT stocks. The Sensex surged 591 points, or 0.73%, to close at 81,973, while the Nifty gained 164 points, or 0.66%, to end at 25,128. Meanwhile, Tuesday’s trade can see some impact as India’s retail inflation accelerated to a 9-month high…
Indian equity indices closed marginally higher on Thursday, with gains in financial stocks offset by a decline in IT shares. The Nifty 50 inched up 0.07% to close at 24,998, while the S&P BSE Sensex gained 0.18%, settling at 81,611. Both indices had risen around 0.6% earlier in the session. Meanwhile, Friday’s trade may see…
While there is still a suspense over the timing of National Stock Exchanges’ (NSE’s) initial public offering (IPO), the buzz around its public issue has grown in the last 3-4 months, sparking a rally in its share price by 35-45% in the unlisted market. From a price of Rs 4,300, 3-4 months ago, NSE shares…
Shares of fintech firm Paytm rallied over 12% to Rs 623.8 in Friday’s intraday trade backed by heavy volumes on the NSE. A total of 2.96 crore equity shares worth Rs 1,763.6 crore changed hands so far. At 2:47 p.m., the stock was trading 11.4% higher at Rs 618. Paytm shares also surged 16% in…
Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…