AI has emerged as one of the most talked-about themes recently. Companies engaged in Artificial Intelligence (AI) fall into several key categories. We have companies with machine learning platforms developing ML algorithms and platforms for data analysis, predictive modelling, and automation. Firms also specialise in conversational AI, chatbots, language translation, sentiment analysis etc. There are also
Indian equity markets ended Thursday’s session in the red, as major indices gave up early gains amid selling pressure in IT and banking stocks. At close, the Sensex settled at 82,259.24, down 0.45%, while the Nifty ended at 25,111.45, slipping 0.40%. The Nifty Bank too closed lower at 56,828.80, down 0.59%. What moved the markets
Indian equity benchmarks ended Tuesday’s session on a firm footing, rebounding from a cautious start earlier in the day. Both Sensex and Nifty extended gains into the second half. At close, the Sensex stood at 82,634.48, gaining 0.08%, while the Nifty settled at 25,212.05, up 0.06%. The Nifty Bank also edged higher, closing at 57,168.95
WeWork India, the co-working major, has received approval from the market regulator Securities and Exchange Board of India, to launch its Initial Public Offering (IPO). As per the DRHP filing by the company, the entire IPO of the real estate company consists of an offer for sale of equity shares. WeWork’s promoters, Embassy Buildcon and
Benchmark indices ended Monday’s session in the red. The Sensex closed at 82,252.55, slipping 247.92 points or 0.30%, while the Nifty settled at 25,082.30, down by 67.55 points or 0.27%. The Nifty Bank ended at 56,765.35, a decline of 0.02%. “Markets started the week on a volatile note and extended their recent decline, ending nearly
The derivatives turnover has declined to multi-month lows. Weekly turnover is down nearly 20%, and through the week, the markets exhibited a muted and range-bound trend. The big question is what led to the decline. What is the impact of the SEBI ban on Jane Street? Key market observers and F&O experts believe that the
Gold investors are experiencing a strong bull run, vindicating their strong belief in the yellow metal. The performance of gold over the last ten years has been staggering, and long-term investors in gold have made a good profit. But, wait. Gold has never been a popular investment option for most retail investors. A chunk of
Indian equity benchmarks ended Friday’s session on a weak note, extending losses amid selling pressure across sectors. The Sensex closed at 82,500.47, down 689.81 points or 0.83%, while the Nifty 50 settled at 25,149.85, falling 205.40 points or 0.81%. The Nifty Bank index also declined, ending at 56,754.70 with a drop of 0.35%. “The domestic
8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National
The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO
Indian equity benchmarks closed Monday’s session on a positive note. However, the benchmarks gave up the intra-day gains during closing. The Nifty 50 closed the session 32 points or 0.13% higher at 24,773, and the Sensex surged 75 points or 0.09% to end at 80,787. Similarly, the Nifty Bank was in line with the overall
Individuals should consider investing in flexi-cap funds as they are more resilient in volatile markets. The flexibility of fund managers to allocate money across market capitalisation helps them to generate alpha consistently in these funds. The appeal of flexi-cap funds is growing. In the first half of this year, about Rs 31,500 crore has flowed
India Inc’s revenue growth is expected to improve by 100-200 basis points in FY26 compared with FY25 as the government’s GST rationalisation feeds into consumption, according to analysts and brokerages. Revenue growth for FY25 was around 5%. With GST cuts taking effect from September 22, brokerages including Motilal Oswal, JM Financial and Kotak now peg
