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China will be at forefront of AI, Alphabet’s Sundar Pichai says November 17th, 2023 14:27
The scale of AI work in China “is just astounding to see,” Pichai said at the Asia-Pacific Economic Cooperation conference in San Francisco, in an on-stage interview by Bloomberg’s Emily Chang. “In some ways, China is going to be at the forefront of AI and that’s a given.”

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Tata Investment soars 19% on value unlocking from Tata Tech IPO; up 80% YTD November 17th, 2023 14:27
The surge in Tata Investment share price also comes after the company announced the appointment of senior management personnel

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Nifty IT index poised for breakout; analyst top picks include large caps HCL Tech, TCS and Infosys November 17th, 2023 14:27
The Nifty IT Monthly Chart indicates that the recent decline found support at the long-term rising trendline. Technical analyst notes this as a significant long-term bullish development. Additionally, seasonal data points to November as a good month, and December as the best, making it opportune to accumulate the IT index during recent weakness to ride the upcoming positive seasonal trend.

Stockarchitect
Paint stocks jump up to 5%. Here’s what fueling the surge November 17th, 2023 13:27
Brent futures were up 10 cents, or 0.1%, at $77.52 a barrel at 11.17 am on Friday, while US West Texas Intermediate crude (WTI) was up 13 cents, or 0.18% at $73.05.

Stockarchitect
Gandhar Oil Refinery IPO: Check price band, issue timeline, other details November 17th, 2023 13:27
Gandhar Oil Refinery IPO comprises the issuance of fresh equity shares worth Rs 302 crore and an offer for sale (OFS) of 11,756,910 equity shares by existing shareholders. Under the OFS, promoter-selling shareholders Kailash Parekh, Gulab Parekh, and other selling shareholders Green Desert Real Estate and Fleet Line Shipping among others will offload stakes.

Stockarchitect
Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin November 17th, 2023 13:27
“ I am looking at 20,000 coming, whether it comes next week, today or by the end of the month it is very much on the cards that new highs are here. The index has consolidated enough and maybe for a day or so, consolidation may continue. But we are going to outperform in the near future.”

Stockarchitect
3 stocks close crossing below VWAP on November 16 November 17th, 2023 13:27
A shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.

Stockarchitect
Share price of Crompton Greaves jumps as Sensex drops 91.15 points November 17th, 2023 13:27
Promoters held 0.0 per cent stake in the company as of 30-Sep-2023, while FII and DII ownership stood at 35.65 per cent and 35.43 per cent, respectively.

Stockarchitect
Indian Hotels shares drop 0.28% as Sensex falls November 17th, 2023 13:27
A total of 28,235 shares changed hands on the counter till 12:22PM (IST)

Stockarchitect
RBI wakes up to the systemic risk from exuberant retail lending November 17th, 2023 13:27
The complacency of lenders with respect to a potential surge in delinquencies, where households are funding ordinary consumption using retail loans and possibly being used for trading in the financial markets may be bothering the RBI as they pose a systemic risk for financial stability.

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