The FinTech Hub
Source: Live Mint Emcure Pharmaceuticals share price jumped over 5% to hit a fresh 52-week high on Wednesday after domestic brokerage firm Kotak Institutional Equities initiated coverage on the stock with a bullish view. Emcure Pharma shares spiked as much as 5.80% to a high of ₹1,577.50 apiece on the BSE. Kotak has assigned ‘Add’…
Source: Live Mint Indian IT stocks experienced a sharp sell-off in Wednesday’s trade, leading the Nifty IT index to plunge by 3.7% to 41,820 points, falling below the 42,000 mark for the first time since September 9. This decline has pushed the index to a two-week low. All 10 constituents are currently trading with significant…
Source: Live Mint LLMs are built using a technique called deep learning, in which a network of billions of neurons, simulated in software and modelled on the structure of the human brain, is exposed to trillions of examples of something to discover inherent patterns. Trained on text strings, LLMs can hold conversations, generate text in…
Source: Live Mint US Fed meeting underway: The much-awaited event is here. After over four years, the US Federal Reserve is expected to start the rate-reduction cycle on Wednesday, September 18, as inflation has eased considerably in the US while the jobs market is showing signs of cooling off. Rate cuts are overall positive for…
Source: Live Mint California-based tech giant Google is rolling out new measures to clearly identify content that has been created or modified using artificial intelligence (AI). As AI-generated media continues to proliferate, Google’s move aims to boost transparency and provide users with better insight into the authenticity of the information they encounter online. This initiative…
Source: Live Mint Responsive Industries announced that it anticipated substantial growth following a major government infrastructure initiative. Moreover, brokerage house Ventura Securities has initiated coverage with a buy call on the mid-cap stock with a target price of ₹436, implying an upside potential of 48 per cent in the next two years. Exchange Filing Responsive…
Source: Live Mint At 18 Sep 11:15 today, Bharti Airtel shares are trading at price ₹1665.15, 0.22% up from the previous closing price. Sensex is trading at ₹83274.51, up by 0.23%. The stock has hit a high of ₹1666.5 and a low of ₹1654.1 during the day. On the technical front, the stock is trading…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a modest increase on Wednesday. The price of 24 carat gold stands at Rs.7351.0 per gram, reflecting an increase of Rs.180.0. The price of 22 carat gold is recorded at Rs.6757.0 per gram, which is up by Rs.200.0. The price change for 24 carat…
Source: Live Mint RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL), as per an exchange filing. Reliance Power share price closed in the green, up 1 per cent, at ₹31.41, on September 17, on BSE….
Source: Live Mint Stock Market Today: The wait for interest rate cut decision by the US Federal Reserve continues keeping the market participants cautiously optimistic and thereby markets range bound, though with a positive bias. The benchmark Nifty 50 index on Tuesday ended with gains of 0.14% at 25,418.55 up 34.80 points. S&P BSE Sensex…
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