By Gopichand Katragadda Generative AI (GenAI), in my opinion, having demonstrated less than 5% of its full potential, is on the brink of unleashing a wave of innovation. The automotive, energy, healthcare, agriculture, and security sectors are particularly primed to benefit from these advancements. I anticipate a significant growth in GenAI applications through 2025, followed […]
A flurry of initial public offerings (IPOs) have hit the market in the previous two financial years. These listings, which happened amid much fanfare, failed to live up to their promise instead, generating heavy losses for investors who had bet on them. Of the 161 IPOs which hit the Street in FY23, raising an aggregate […]
The National Stock Exchange (NSE) on Monday said it would include Zee Entertainment Enterprises Ltd (ZEEL) back into the futures and options segment. This comes after the National Company Law Appellate Tribunal (NCLAT) stayed insolvency proceeding against Zee Entertainment on Friday. The NCLAT order is a major reprieve for ZEEL, which is merging with rival […]
India’s petrol and diesel demand soared in December as increased consumption in the agriculture sector helped build on the momentum generated by the festive season, preliminary industry data showed on Sunday. Petrol sales soared 8.6 per cent to 2.76 million tonnes in December, as compared to 2.54 million tonnes of consumption in the same month […]
By Nagaraj Shetti After showing a sustainable upside bounce on Tuesday, Nifty witnessed sell on rise action on Wednesday and closed the day lower 88 points. A reasonable negative candle was formed on the daily chart that has partially engulfed previous bull candle. Technically, this pattern signal weak upside bounce in the market. This market […]
The rout in Adani Group stocks resumed on Thursday after Wednesday’s rise, as Morgan Stanley Capital International (MSCI) said that some Adani group stocks should no longer be designated as free float after investors raised concerns over the eligibility of the Adani companies for some of its indexes. MSCI announced that any changes to the […]
Domestic benchmark indices NSE Nifty and BSE Sensex were dragged by weak Asian cues. Fears of further monetary policy tightening from the US Federal Reserve damped sentiments, causing Nifty to end down 0.48% or 85.6 points at 17,770.9 and Sensex settled at 60,431, down by 250 points or 41%. Markets Ahead: Inflation expectations, Q3 Earnings […]
Sam Pitroda, Congress leader and chairman of its overseas wing, has once again stoked controversy with his remarks expressing concern over the significance that the Narendra Modi-led BJP government at the Centre is giving to the Ram Temple inauguration. The Ram Temple in Ayodhya is set to be inaugurated on January 22 with a consecration […]
Domestic equity indices NSE Nifty and BSE Sensex close their trading session in the green. Sensex gained 0.99% or 600 points to settle at 61,032. Nifty closed at 17,930, up 0.9%. The Nifty index witnessed strong buying momentum from the lower level and it surpassed the hurdle of 17900 on a closing basis. The index […]
India has registered an increase of 11.4 per cent in its crude steel production at 11.7 million tonne (MT) in November this year, according to World Steel Association (worldsteel). During January-November, the country’s production was 12.1 per cent higher year on year (y-o-y) at 128.2 MT, the global body said in its latest report. In […]
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