Asset managers, including BlackRock and JPMorgan, are utilizing generative AI to generate alpha and enhance operational efficiency, exploring signals such as social media chatter to inform stock views, while Hong Kong's securities regulator has established guidelines to ensure responsible use of the technology.
Open FlipZinka Logistics Solution Limited which began its IPO on November 13, 2024 is closing today on November 18, 2024. The investors are left with very short time to apply on this last day of subscription for the IPO worth ₹1,114.72 Crores. The company that owns the BlackBuck App has fixed the price band in the range of ₹259 to ₹273 for its IPO per equity share.
Open FlipThe Nifty marked its longest losing streak since February 2023, slipping for the seventh consecutive session amid a sharp sell-off in IT and energy stocks. The Sensex, too, had a turbulent day, swinging 900 points on the bourses. Investor sentiment remained dampened by concerns over the US Fed potentially slowing interest rate cuts, disappointing Q2 earnings, persistent foreign outflows.
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