Shares of One MobiKwik Systems rose nearly 13% on Tuesday after the company announced that its subsidiary had received BSE approval to start stock brokerage business.The fintech company’s shares rose to Rs 227.37 apiece in morning trade, breaking a three-session losing streak. Why are MobiKwik shares rising today? Mobikwik announced on Monday that its wholly-owned […]
Indian benchmark indices closed higher on buying interest in consumer and private banking stocks, although gains were limited by selling pressure in auto, IT and pharmaceutical names. While Nifty ended at 25,693.70, up 50.90 points or 0.20%, the BSE Sensex advanced 266.47 points or 0.32% to 83,580.40.Meanwhile, the volatility gauge India VIX ended at 11.94, […]
Abu Dhabi Investment Authority (Adia) left one Mobikwik systems on Monday by divesting the full interest of 2.10 percent in the Fintech company for RS 39 Crore via an open market transaction. According to the Bulk Deal data available on the NSE, Adia has loaded just over 16.44 Lakh shares shares, which represents an interest […]