Security Financial News

Exide Industries with a target price of Rs 585. The current market price of Exide Industries is Rs 513.4. Exide Industries Ltd., incorporated in the year 1947, is a Mid Cap company (having a market cap of Rs 43341.50 Crore) operating in Auto Ancillaries sector.

stocks are under the Future and Options (F&O) trade ban on Wednesday viz. Biocon, ABFRL, Hindustan Copper, Vodafone Idea and Piramal Enterprises. GNFC managed to get out of the ban while ABFRL is a new entrant.

ABFRL, Amara Raja, Tata Steel, Brigade, NBCC, Wockhardt, are a few stocks likely to be in focus on Wednesday, May 29.Sensex Today Live : The Indian stock market, represented by the Sensex and Nifty 50 indices, is set to continue its downward trend and open lower on Wednesday, influenced by weak global indicators.The Gift Nifty, a key indicator of the Indian benchmark index, also signals a negative start, trading around the 22,830 level. This represents a nearly 90-point discount from the previous close of Nifty futures.On Tuesday, the Indian equity market extended its losing streak for the third consecutive session.

Aadhar Housing Finance, Aadi Industries, A-1 Acid, Aananda Lakshmi Spinning Mills, Aarnav Fashions, Aar Shyam India Investment Company, Aarvee Denims & Exports, Abate As Industries, Abhishek Infraventures, Amrapali Capital and Finance Services, Allied Computers International (Asia), Acme Resources, ADC India Communications, Addi Industries, Adjia Technologies, A.F. Enterprises, AGI Infra, AGS Transact Technologies, Ahluwalia Contracts (India), Ajwa Fun World & Resort, Aksharchem (India), Alan Scott Industries, Alkem Laboratories, Almondz Global Securities, Alpine Housing Development Corporation, Amarjothi Spinning Mills, Amkay Products, Andrew Yule & Company, Anjani Finance, Anjani Foods, Anna Infrastructures, Ansal Housing, Anshuni Commercials, Andhra Pradesh Tanneries, ARC Finance, Archies, Rajdarshan Industries, Aries Agro, Arigato Universe, Arihant's Securities, Ashapura Minechem, Ashnisha Industries, Asian Hotels (North), Assam Entrade, Astron Paper & Board Mill, Atcom Technologies, Atlas Cycles (Haryana), Automobile Products of India, AVG Logistics, AVT Natural Products, Bafna Pharmaceuticals, B.A.G.

The project stands to revolutionize how data is accessed, utilized, and secured, boldly challenging the centralized industry giants that have dominated the AI lifecycle

Khosla ka Ghosla. In real life, too, it’s not uncommon to uncover issues related to properties after you’ve seemingly made a rightful purchase. Sometimes a property is sold twice, to different parties, or the title deed is not clear, or relatives might come into the picture.

F&O ban list: The National Stock Exchange (NSE) has banned trading in five stocks on Wednesday, May 29, 2024, in the futures and options (F&O) segment due to their exceeding 95% of the market-wide position limit (MWPL).However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O ban for trade every day.ALSO READ: ICICI Direct suggests three shares with 8% upside potential to buy this weekF&O ban list todayAditya Birla Fashion and Retail, Biocon, Hindustan Copper, Vodafone Idea, and Piramal Enterprises are among the five stocks on the NSE's F&O ban list for May 29.The National Stock Exchange (NSE) said the derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and have been currently placed in the ban period by the stock exchange.“It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions.

Tata Sons shares to refinance over $2 billion debt, Tata Trusts has, for the first time, officially said these are non-transferable. The Trusts, which holds a controlling 66% in group holding company Tata Sons, is worried about possible litigation with lenders over enforcing the security in case SP Group defaults. «As is publicly known, Tata Sons' shares are not freely transferable,» said Tata Trusts chief executive Siddharth Sharma in response to ET's emailed queries on the Trusts' legal position on the matter.

Novelis Inc, the US-based aluminium products company of the Aditya Birla Group-controlled Hindalco Industries, is set to list on the New York Stock Exchange in around two weeks, people aware of the matter said. Novelis on Tuesday launched a roadshow for its proposed initial public offering (IPO), where Indian parent Hindalco plans to sell 45 million shares, or a 7.5% stake, in the company at $18-21 per share.

Equity markets witnessed a volatile session on Tuesday to finally end with losses. The broader market witnessed sharper profit booking, indicating heightened volatility. «Nifty has been consolidating in a broad range for the third consecutive day as investors remain watchful ahead of the big election outcome next week. 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.

Difacto Robotics and Automation has secured Rs 40 crore (about $4.8 million) from private equity firm Stakeboat Capital in its first financing round. Ajay Gopalswamy, founder and chief executive of the Bengaluru-headquartered company, told ET that the money will be used to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up.

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.

Los Angeles Lakers are without a head-coach after La Lakers sacked David Ham. This came after LeBron James's impeccable success and Anthony Davis' heroics couldn't take NBA's most decorated team to conference finals. Now, there are reports that JJ Redick may become the head coach. Other names that have been doing the rounds are — Kenny Atkinson, David Adelman, Micah Nori, Chris Quinn, Tyronn Lue, Sam Cassell, and James Borrego, as per a report on Fox News.

The federal government and the government of Ontario have reached a $357-million deal under the National Housing Strategy.

Merrill Lynch is the latest broker-dealer to report a snafu in handling client private data, with the Maine Attorney General’s office last week disclosing that Merrill, as the record keeper for Walmart’s 401(k) plan, revealed private client information to an “unauthorized recipient” having nothing to do with the plan.

A new bill introduced in the Senate could pave the way for more employees at small businesses across the country to get workplace retirement benefits.

Volodymyr Zelenskyy received a second $1-billion promise of military aid in as many days on Tuesday during a whirlwind tour of three European Union countries, even as President Vladimir Putin warned that hitting Russian soil with Western-supplied weapons could set the war on a dangerous new path. The aid pledge for 2024 came from Belgium, which topped up the money with a commitment to give Ukraine 30 F-16 fighter jets in the next four years. «Our task is to use the first F-16 on the battlefield this year and in such way that it will fortify our positions,» Zelenskyy said.

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.

Financial services firm IIFL Securities is set to venture into the wealth management business. The company has roped in industry veterans Raghav Gupta, Prakash Bulusu and Amit Srivastava from ASK Asset and Wealth Management to drive the unit. Gupta and Bulusu will be in charge of the wealth businesses as joint CEOs, while Srivastava will oversee investments and products for the firm as a senior managing partner. «With the joining of these three veteran and accomplished private bankers, the mandate is now to transform IIFL Securities and take it to the next level,» said R Venkataraman, chairman of IIFL Securities. Currently, IIFL Securities has retail broking, institutional broking and investment banking units.

Chief of Defence Staff General Anil Chauhan on Tuesday said that the absence of a written national strategic policy does not imply that the country lacks a strategic policy. Speaking at the release of book "Crafting a New Indian Art of War," Gen Chauhan contested the insistence on having a national security strategy in written format. «When we talk about national security strategy, I believe it consists of policy, processes, and practices to succeed. In our country, probably all three are addressed. The only thing missing is a written policy. I don't know why people insist on that,» Gen Chauhan said. If we didn't have a policy, we wouldn't have succeeded as we did in revoking Article 370 from Jammu and Kashmir, he asserted.