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Indian-American Tech Leader Sriram Krishnan Appointed Senior White House Advisor on AI In a significant move to bolster U.S. leadership in artificial intelligence (AI), President-elect Donald Trump has named Indian-American entrepreneur and tech innovator Sriram Krishnan as the Senior White House Policy Advisor on AI. The announcement, made on Monday, highlights the administration’s focus on…
Dr Reddy’s Laboratories has emerged as the top performer on the Nifty 50, gaining over 3% on December 20, 2024. The stock extended its winning streak to a third consecutive session, recording an impressive 9% rise during this period. The consistent uptrend has been fueled by increased trading volumes and positive market sentiment around the…
Siemens India share price took a significant hit on December 20, 2024, with a 9% drop in midday trading. The sharp decline followed a disappointing earnings call where Siemens revealed that private sector capital expenditure (capex) had failed to show any meaningful growth. This news raised concerns among investors, especially as it was coupled with…
International Gemmological Institute (IGI) shares made a remarkable debut on December 20, 2024, listing with a 22% premium over its IPO price on the National Stock Exchange (NSE). The diamond grading firm’s stellar listing follows a robust response from investors, with its ₹4,225-crore public issue being oversubscribed by an impressive 34 times. Impressive Listing Gains…
Nacdac Infrastructure IPO Allotment Set to Be Announced Following Record-Breaking Subscription The eagerly anticipated allotment of Nacdac Infrastructure IPO shares is due today, following a massive oversubscription of nearly 2,000 times. The Rs 10.01 crore SME IPO has been the talk of the town, grabbing attention across the market for its unprecedented demand. Key Details…
Gold prices dipped 0.91% on December 19, 2024, closing at ₹75,696 per 10 grams, according to data from the Multi Commodity Exchange (MCX). This decline marks a significant drop compared to the previous day, reflecting the yellow metal’s recent market volatility. Despite the dip, Gold prices remain 19.96% higher than their levels at the start…
Best Banking & PSU Funds to Invest in December 2024 If you’re looking to invest in Banking & PSU Debt Funds this December, several schemes stand out for their solid performance and risk management. Here are the top funds to consider: These funds have been shortlisted using a careful methodology that evaluates their performance based…
Indian IT stocks, including major players like TCS, Infosys, and HCL Tech, are likely to be in the spotlight on Friday following Accenture’s impressive first-quarter earnings and an upgraded revenue outlook. Accenture’s Strong Q1 Performance Accenture’s Q1 revenue of $17.7 billion exceeded analyst expectations of $17.12 billion, driven by strong demand for its AI-powered solutions….
The Indian rupee hit a historic low against the US dollar on Thursday, slipping past the 85 mark for the first time, following the US Federal Reserve’s indication of limited rate cuts in 2025. The rupee weakened by 12 paise, reaching 85.0675 against the dollar, reflecting a consistent decline over recent months. The dollar index,…
Shares of Asian Paints Ltd. fell significantly on December 19, 2024, dipping by 3.4% to ₹2,265.35 on the National Stock Exchange (NSE), reaching a 52-week low. This marks the fourth consecutive session of decline, with the stock losing more than 8% this month and more than 32% year-to-date. The drop followed the announcement of the…