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Sensex declined 220.05 points, or 0.29%, to close at 75,170.45, while the Nifty 50 settled 44.30 points, or 0.19%, lower at 22,888.15.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 29“We expect the Nifty to remain sideways to marginally positive on the back of reduced FII selling, prediction of above normal monsoon and last leg of Q4 results," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.Here are key global market cues for Sensex today:Asian markets traded mixed on Wednesday tracking a similar trend overnight on Wall Street.Japan’s Nikkei 225 gained 0.18%, while the Topix was flat. South Korea’s Kospi declined 0.26% and the Kosdaq dropped 0.44%.

Buy or sell stocks for today: Following weak global cues, the Indian stock market ended lower for the third straight session. The Nifty 50 index went down 44 points and closed at 22,888, whereas the BSE Sensex shed 220 points and closed at 75,170.

OpenAI has started training of an upgraded artificial intelligence (AI) model. This AI model, once implemented, will be advanced than that of GPT-4 system. OpenAI revealed the establishment of a new safety and security panel, which will provide guidance to the entire board on essential safety and security matters related to its projects and operations.

OpenAI has formed a Safety and Security Committee that will be led by board members, including chief operating officer Sam Altman, as it begins training its next artificial intelligence model, the artificial intelligence startup said Tuesday. Directors Bret Taylor, Adam D'Angelo and Nicole Seligman will also lead the committee, OpenAI said on a company blog.

National Asset Reconstruction Company (NARCL) has recommended P Santhosh for the post of managing director and chief executive officer of the state-owned bad bank, people aware of the matter said. Santhosh has been interim CEO of NARCL since January, soon after N Sundar abruptly resigned as the CEO ahead of his term.

Hindustan Times reported. Ajay Taware was among Sassoon hospital employees who were arrested by the police on Monday for allegedly "manipulating" the blood samples of the minor accused in the Porsche accident case.Dr Ajay Taware, head of the state-run hospital's forensic medicine department, Chief Medical Officer (CMO) Dr Shrihari Halnor and staff member Atul Ghatkamble were arrested for allegedly throwing away the minor's blood samples, taken after the accident on May 19.They allegedly replaced the sample with the samples of another person's blood which had no traces of alcohol.

Also Read- FPIs continue to dump financials, IT, FMCG shares in May. What lies ahead?The asset allocation strategy should be based on factors like goals, horizon of investment, risk appetite and liquidity requirement.While investing we need to build a strategy with the right asset mix based on our risk appetite to meet our goal.

IRCTC Q4 Results: Indian Railway Catering and Tourism Corporation (IRCTC) announced its January-march quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 28, reporting a rise of two per cent in its consolidated net profit at ₹284 crore, compared to ₹279 crore in the corresponding period last year.The Indian Railways' e-ticketing and catering arm reported a 19 per cent rise in revenue from operations to ₹1,155 crore in the March quarter, compared to ₹965 crore in the year-ago period. The public sector undertaking (PSU) board recommended a final dividend of ₹4 per share, at 200 per cent of the paid-up share capital, of face value of Rs.

With stubborn inflation and higher costs, layoffs at small businesses are sometimes a necessity

Many people start no-buy challenges at the beginning of the year and commit to keep going until the end of it

OpenAI says it’s setting up a new safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot

Reasons to buyReasons to avoidLG 1 Ton 5 Star AI Dual Inverter Split Ac The LG 1.5 Ton 5 Star Inverter Split AC offers powerful cooling with advanced features. Its anti-virus protection and dual inverter compressor ensure clean, efficient, and long-lasting performance.

Shakti Pumps, the country's leading manufacturer of solar pumps and motors, have been on an upward roll over the last 13 months, producing a stellar performance and significantly enhancing shareholder wealth in a relatively brief timeframe.The company, primarily focused on the production of pumps and motors of various types, has witnessed a consistent uptrend in its stock price since April 2023, starting at ₹404.40 and currently trading at ₹2,492, yielding an impressive return of 515%.This outstanding growth is largely attributed to Shakti Pumps' substantial order wins and strong financial performance, instilling investor confidence and driving the stock price to unprecedented levels. On March 22, the stock reached a new pinnacle, touching an all-time high of ₹2,955 apiece.Also Read: Mauritius-based FII buys stake in this small-cap stock during Q4FY24Zooming out, the stock's long-term performance has been even more impressive as it registered a remarkable gain of 1694% over the last four years.Recognised as a leading domestic manufacturer in the Indian pump industry, Shakti Pumps holds a dominant market position with a 26% share in the domestic solar pump market under the PM KUSUM scheme - an initiative to transform the Indian agriculture sector.The company boasts a diversified customer base comprising government entities, solar original equipment manufacturers (OEMs), and industries, ensuring a low customer concentration mix, with over 1 lakh pumps installed, according to the company's recent exchange filing.

It’s almost the summer season, when we get to enjoy BBQs, camping, swimming outdoors and working on our tans for a very short period of time. But wait. Isn’t there an important June date coming up that affects the taxation pocketbook of millions of Canadians?

Karnataka Home Minister G Parameshwara on Tuesday said Chief Minister Siddaramaiah and State Congress chief D K Shivakumar should consult senior party leaders like him regarding selection of candidates for the MLC polls. The statement comes against the backdrop of Siddaramaiah and Shivakumar's trip to New Delhi today to discuss with the party high command candidates for biennial election to 11 seats of Karnataka Legislative Council on June 13. «The Chief Minister and KPCC President are in responsible positions. It is appropriate if they consult seniors like us. Without consulting if they both decide on their own, it is not right according to me. Those with seniority and experience, both in the party and the government and having contacts, should be consulted. They have to discuss with us,» Parameshwara said.

Rail India Technical and Economic Service (RITES), shares of which have grown 185% in the last 2 years, today declared a dividend of Rs 5 per share along with its Q4 results. “This is to inform that the Board of Directors of the Company at its meeting held today i.e. 28th May, 2024 has inter alia, considered and recommended a Dividend of Rs. 5.00/- per share (i.e. 50%) on 24,03,01,887 equity shares of face value of Rs. 10 /- each of the Company for the financial year 2023-24, subject to the approval of the same by the Shareholders in the ensuing 50th Annual General Meeting of the Company,” said RITES in a filing to the exchanges.

Federal Reserve Bank of Cleveland President Loretta Mester said the US central bank should consider ways to better communicate to the public how economic conditions will affect future policy decisions.

Multibagger stock: Fineotex Chemical's share price has been on an uptrend for more than a year. In the last 14 months, this Ashish Kacholia-owned chemical stock has risen from around ₹220 to ₹375 apiece, recording over a 70 percent rise. However, this is not the end of the story.

lumpsum amount before 4th June to benefit from the trend. However, stock market investments should not be made with one date in mind (4th June 2024 in this case). Hence, you should refrain from investing a lumpsum amount before 4th June to benefit from a one-day trend.

Minority shareholders are expected to benefit from the demerger of ITC's hotel business into a separate entity, ITC Hotels, as it may unlock value for them and improve return ratios of the FMCG major, as per reports of four proxy advisory firms. The reports from proxy advisory firms, including InGovern Research Services, ISS and SES, come ahead of the June 6 meeting of shareholders of ITC to consider and approve the demerger proposal. According to proxy advisory firm ISS, the demerger may unlock value for its shareholders and improve ITC's return ratios.

regional connectivity, a new 60 km railway line has been proposed between Chola in Bulandshahr and Rundhi in Palwal. This line aims to link Noida International Airport with major routes to Howrah, Chennai, and Mumbai, a TOI report stated. Officials from North Central Railway have recommended connecting the proposed tracks to the airport’s ground transportation center through an underground channel. The new line will have junctions at Chola, merging with the Delhi-Howrah line, and Rundhi, extending to the Delhi-Chennai/Mumbai route. This strategic alignment will facilitate trains from the airport to travel in multiple directions.