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Exporting fighter aircraft is not just business: it, of course, brings a lot of money to the exporting country, being a big-ticket item, but it also prepares the ground for developing strategic ties with the buyer countries. Big defence deals are often part of overall strategic ties.

Amid strong optimism in the market, Nifty50 just scaled the 19,900 mark, but many are eagerly awaiting the next big target — the magical 20,000 figure. In just 15 sessions, the NSE flagship index has rallied nearly 900 points from the 19,000 level, hit on June 28, on strong global market cues, signs of an end to the US Federal Reserve's rate tightening cycle, and most importantly, strong foreign investor inflows. The ongoing earnings season on Dalal Street is also lending support to the bulls.

OpenAI and its ChatGPT has pushed the tech giant's stock to new highs. The move also nudged his total windfall from Microsoft past a threshold of $1 billion, according to Bloomberg News.  In an email, Microsoft spokesperson Frank Shaw said that Satya Nadella does not have a net worth of a billion dollars or more. His AI-driven move catapulted Microsoft ahead of competitors like Alphabet Inc.

Newgen Software Technologies jumped over 12% on the NSE in Thursday's session after the global brokerage firm Jeffries reiterated a ‘Buy’ recommendation on the stock. The stock also hit its 52-week high of Rs 807.90. The US-headquartered brokerage has put a price target of Rs 860 per share.

Hatsun Agro Products rallied over 12% to Rs 1,095 in Thursday's trade after the company reported a 54.2% rise in its net consolidated profit to Rs 80.2 crore during Q1FY24 as against Rs 52 crore during the corresponding quarter of the previous fiscal. Meanwhile, the revenue of the company witnessed a 7% year-on-year (YoY) increase from Rs 2,014.6 crore to Rs 2,150.6 crore. The company also declared an interim dividend of Rs 6 per share (600%) on the fully paid-up equity shares of face value of Re 1 each.

Law firms should have “responsible” systems in place for artificial intelligence as Australia moves towards a “goldilocks” approach on the regulation of tools such as ChatGPT, says the legal chief of tech giant Microsoft.

Private equity firm Pacific Equity Partners is in late-stage talks to buy lifestyle communities business Serenitas, put up for sale by investment bank Goldman Sachs.

Santos lowered its guidance for capital expenditure this year amid a delay in drilling at its Barossa gas project in the Timor Sea, but it is still aiming to resume work at the site by the year-end after resubmitting the environment plan for the controversial venture.

Mastek with a target price of Rs 2300. The current market price of Mastek is Rs 2214.25.

Olectra Greentech rose 3% to Rs 1,345 in Thursday's intraday trade on BSE after the electric bus manufacturer awarded a contract to Megha Engineering & Infrastructures (MEIL) for the construction of a greenfield electric vehicle manufacturing facility in Telangana. «We would like to inform you that, the Company has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of land situated at Seetharampur, Hyderabad, Telangana to Megha Engineering & Infrastructures (MEIL) which is the ultimate holding company and a related party to Olectra Greentech Limited,» the company said in an exchange filing. As per the contract, construction of the greenfield EV manufacturing facility will be completed within 12 months from the date of approval of the shareholders (July 19, 2023).

The price of Bitcoin (BTC) is hovering just below the $30,000 mark. The cryptocurrency has encountered strong resistance at this level, prompting speculation about its future price movements. 

According to Andrey Kartapolov, a Russian politician and former army officer, the relocation of the Wagner group to Belarus positions Russia in a favourable position to swiftly target NATO assets near Poland and Lithuania. Kartapolov mentioned in a statement to Russian state television that the private military company has the capability to strike the border region of Poland and Lithuania within a short span of "a matter of hours" from its newly established base.

sustainability. Some of the most thought-provoking and pioneering places today are those that have selected to effort on native sourcing, waste reduction and other ecological exercises.

Mykolaiv, the local governor said early Thursday. «Russians hit the city centre. A garage and a 3-story residential building are on fire,» governor Vitaliy Kim wrote on Telegram.

Inflation in the U.K. has fallen by more than anticipated to a 15-month low in a development that offered struggling homeowners hope that interest rates will not rise as much as feared over the coming months

Infosys and HUL. «Domestic market has been hitting record highs daily over the last few sessions driven by sustained foreign inflow, surplus monsoon, and a good start to the earning season. We expect this momentum to continue in the near term given buoyant domestic cues and receding global concerns,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETS

Russia warned that ships sailing to Ukraine's Black Sea ports from Thursday will be seen as potential military targets, days after its withdrawal from a safe-passage deal that threatens to worsen global food supplies. Ukraine said on Wednesday it was establishing a temporary shipping route via Romania, one of the neighbouring Black Sea countries. «Its goal is to facilitate the unblocking of international shipping in the north-western part of the Black Sea,» Vasyl Shkurakov, Ukraine's acting minister for communities, territories and infrastructure development, said in a letter to U.N.

Just over a year ago, Prime Minister Anthony Albanese announced the country’s new climate targets to the world — reducing emissions by 43 per cent and ensuring the power grid is 82 per cent renewable by the end of the decade.

Buy or sell stocks for today: Following strong global cues and Wall Street gains, Indian stock market ended higher for fifth straight session on Wednesday. NSE Nifty ended 83 points higher at 19,833 levels, BSE Sensex surged 302 points and closed at 67,097 mark while Bank Nifty index finished 258 points up at 45,669 levels.

IndusInd Bank surged nearly 4% in Wednesday's trade to its highest level in over two-and-a-half years as the private lender's better-than-expected first quarter earnings prompted analysts to increase their price targets on the stock. IndusInd shares settled at ₹1,420.70 on the NSE, up 2.19% from the previous close.

Tata Steel has witnessed a breakout from a falling trendline resistance on the weekly charts, which has opened room for the stock to hit fresh 52-week high in 1-2 months.Short-term traders can look to buy the stock for a possible target of Rs 130 in 60 days. The stock hit a 52-week high of Rs 124.30 on January 19.