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PTI. "It has been brought to my notice by Deputy Commissioner, Nuh, vide his request dated September 14 that there is an apprehension of causing tension, annoyance, agitation, damage of public & private property and disturbance of public peace & tranquillity in the district," Prasad said. Ferozepur Jhirka legislator Mamman Khan was identified as a suspect in an FIR filed subsequent to the communal clashes, and he was taken into custody by the Haryana Police late last night, PTI reported.

steel sector is favourable despite the fact that anaemic growth in some of the world’s largest steel-consuming economies could impact prices, thanks to the government’s accelerated spending on infrastructure over the last few months, analysts said. Steel finds the maximum consumption in the infrastructure space. With the Centre spending nearly a third of its budgeted funds on big-ticket infrastructure projects, demand for steel grew 13% year on year between April and July. The government’s spending in this period is around 6 percentage points higher than the average of 26% it has spent in these months over the last four years, Crisil Market Intelligence said in a note. Demand for steel, consequently, is seen growing in doubledigits for the third consecutive year in the current fiscal, rating agencies ICRA and Crisil said. This heightened demand for steel is not only seen absorbing the additional steel capacities that will come on board in the domestic market but will also shield prices from the weak pricing trends in the global market. The government has increased its outlay for spending on infrastructure by around 33% to ₹10 lakh crore for FY24.

Bajaj Auto shares jumped 5% to hit their 52-week high of Rs 5,084 on the NSE following an upgrade on the stock by brokerage firm BofA. Today's rally marked seven uninterrupted sessions of gain in the stock. BofA Securities upgraded the stock to 'Buy' from 'Neutral' and hiked the target price to Rs 5,550 from an earlier target of Rs 5,100.

UltraTech Cement with a target price of Rs 9200. The current market price of UltraTech Cement is Rs 8682.1.

The MCX October gold futures were trading up by Rs 106 or 0.18% from the Thursday closing price at Rs 58,694 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,433 per kg, higher by Rs 451 or 0.64%. Dollar Index (DXY) crossed the 105 mark on Thursday against the basket of six top currencies taking sheen away from the yellow metal. On Comex, gold futures were trading at $1,930 per troy ounce on Friday, down by $1.70 or 0.09% while Silver futures were at $23.030, lower by $0.151 or 0.650%. The rates were down as the dollar movement has an inverse relation with the price movement in gold. Amit Khare, Associate Vice President at Ganganagar Commodity Limited (GCL) Broking sees bullions making bottom on the daily charts and trading near the demand zone with momentum Indicator RSI indicating the same. His advice to traders is to make fresh buy positions in gold and silver futures near the given support level at Rs 58,500-58,300 while keeping the stop loss near the support levels and booking profit near the resistance of Rs 58,800-59,000. Analyst Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said that the daily chart of October gold futures suggests that the yellow metal was trading below the 50 and 100-day Exponential Moving Averages (EMA) while retaining the crucial Rs 58,300 level. «If it does break below this level, we can expect further downward movement.

Axis Bank with a target price of Rs 1150. The current market price of Axis Bank is Rs 1015.05.

startups in India, its senior official told Bloomberg. The bank plans to work with companies that are pioneers in their sectors, developing new products or services, and is targeting companies with a large consumer orientation in India, as well as abroad, Kaustubh Kulkarni, the senior country officer for India said. “We want to be there first with those companies," Kulkarni said in an interview to Bloomberg.

Day trading guide for today: Following strong global cues, Dalal Street witnessed participatory rally on Thursday. Out of three key benchmark indices, NSE Nifty and BSE Sensex climbed to a new peak whereas Bank Nifty came close to its life-time high. But, broad market indices outperformed key benchmark indices as both small-cap and mid-cap stock surged mroe than one per cent during Thursday deals.

Tata Motors, Tata Consultancy Services (TCS), Titagarh Rail Systems and CG Power and Industrial Solutions, which might move their stocks on Friday. After the launch of new Tata Nexon EV Facelift, Nomura reiterated a buy on Tata Motors, while HSBC took a buy view on Titagarh Rail as railway stocks see top action. As for TCS and CG Power, buy rating was recommended by DAM Capital and Spark.We have collated a list of recommendations from top brokerage firms from ETNow:Nomura on Tata Motors: Buy | Target: Rs 786 Nomra has maintained a 'Buy' view on the counter while placing the target at Rs 786.

sanctions packages related to the war in Ukraine, penalizing more than 150 companies and individuals that officials said were profiting from Russia's invasion and their proximity to the Kremlin and President Vladimir Putin. The sanctions are part of the U.S. effort «to target Russia's military supply chains and deprive Putin of the equipment, technology, and services he needs to wage his barbaric war on Ukraine,» Treasury Secretary Janet Yellen said in a statement. «Today's actions show our global reach in imposing severe costs on Putin's oligarchs,» she added. The Treasury Department's sanctions targeted nearly 100 Russian military-linked elites and individuals — including some in Turkey, Georgia, Finland and the United Arab Emirates — involved with Russia's industrial, financial and technology industries.

Buy or sell stocks for today: Following strong global market sentiments, Indian stock market ended higher on Thursday. NSE Nifty climbed to a new peak of 20,167 during Thursday deals and finally ended at 20,103 levels. BSE Sensex too hit a new peak of 67,771 whereas Nifty Bank index inched close to its life-time high of 46,369.

₹50 crore in Indian stocks today.The ECB raised its key interest rate to an all-time record-high level on Thursday and signalled this will likely be its final move in a more-than-a-year-long fight against stubbornly high inflation. The decision raised the benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999.One report from the US said that shoppers spent more at retailers last month than economists expected.

Google will pay California $93 million to resolve a lawsuit accusing the search engine company of misleading consumers about its location tracking practices. The settlement announced on Thursday by California Attorney General Rob Bonta resolves claims that the Alphabet Inc unit deceived people into believing they maintained control over how Google collected and used their personal data.

Shares of sugar companies soared on Thursday on news reports that output in Maharashtra, India's highest-producing state, could fall in the 2023-24 crop year to its lowest in four years. This could lead to higher sugar prices and boost the profitability of top companies in the sector, said analysts.Sakthi Sugars jumped 11.3%, Dhampur Sugar gained 10.4%, Dwarikesh Sugar rose 9.8%, Bajaj Hindusthan advanced 7.2% and Balrampur Chini moved up 4.8%. A Reuters report said Maharashtra's sugar output could fall 14% in the 2023-24 crop year due to lower cane yields following the driest August in more than a century. Maharashtra, Uttar Pradesh, and Karnataka are among the top sugarcane-producing states in the country, and a dry spell because of the El Nino effect will likely affect supply. Sugar companies are expected to witness strong earnings growth till FY26, according to brokerage DAM Capital. «We believe fast developing El Nino conditions would further hamper sugar production in these states and keep domestic sugar prices above ₹37/kg,» said DAM's analyst Sanjay Manyal in a note to clients.

IT major Wipro has hit a fresh 52-week high in September and the chart patterns suggest that the rally is likely to continue.Short-term traders can look to buy the stock for a target of Rs 495 in 4-6 weeks, suggested experts. The stock rose over 3% in a week, 7% in a month, and more than 11% in the last 3 months.The IT player, which is a part of the S&P BSE Sensex, had witnessed a breakdown in 2022.

Fortress Trust's recent disclosure of a cryptocurrency theft totaling nearly $15 million has shed light on a complex situation involving a third-party vendor and a phishing attack.

Sri Lanka batters kept calm at the crucial junctures of the game to pull off a hard-earned victory against Pakistan on Thursday to meet India in the final of the 2023 Asia Cup.

Oil India is exploring legal as well as diplomatic channels to repatriate its dividends worth $150 million from Russia, said its chairman, Ranjit Rath. Oil India, Indian Oil Corporation, BPCL and ONGC have participating interests in multiple oil and gas projects in Russia from which they earn dividends periodically. Companies have been receiving dividends but have been unable to transfer them out of Russia since February 2022 due to the banking restrictions in the wake of the Ukraine war and the western sanctions on Moscow. Indian Oil and BPCL have similar amounts of dividends stuck in Russia, totalling $450 million for the three companies, Rath said. This is a «temporary phenomenon» and the company is «very positive about investments in Russia», he said, adding that the company is exploring legal, banking and government-to-government options to get the dividends back. The production at Russian fields in which Oil India has stakes hasn't been affected by the output cut decisions made by the producer cartel OPEC+ of which Russia is a key member, Rath said. Oil India will primarily focus on domestic exploration and production, said its chairman. Rising oil prices won't change the company's investment trajectory, he said. A windfall tax since last year has capped the crude price realisation for Indian state-run producers.

AU Small Finance Bank, which started its banking journey six summers ago with 95% secured loan assets and without any microfinance lineage, has now decided to explore the so-called bottom-of-the-pyramid customer segment. The lender, while planning its own microfinance loan product, is also said to be exploring the acquisition route which would help it with a ready microfinance platform. «We remain open to the idea of inorganic growth,» executive director Uttam Tibrewal told ET, adding: «However, I can't comment on any media reports that suggest we are in discussion with somebody for a merger.

security forces step up counter insurgency operations in south Kashmir's Anantnag, the number of active militants remains over 100 with foreign terrorists outnumbering the local recruits. As many as 71 foreign militants were active in the region as compared to 38 local terrorists, according to data available with central agencies. On Wednesday morning, the militants targeted a joint team of security forces, comprising Army and police personnel, and killed three officers, including a Jammu and Kashmir Deputy Superintendent of Police.

OpenAI are advancing work on large language models (LLMs) that power mainstream generative AI (artificial intelligence), a few others are gearing up to deploy small AI models, which are likely to reach the consumers sometime in 2024. Industry insiders see this as a natural progression to monetizing generative AI technologies, making them more widely accessible, instead of targeting only enterprises through very expensive cloud platforms. For instance, on 23 February, Qualcomm demonstrated an image-generating AI model running on a device, with Stable Diffusion showcased on an Android smartphone.