Global brokerage house Morgan Stanley has an overweight call on the country's largest power producer NTPC with a target price of Rs 152 per share, implying a 34.5 percent potential upside from current levels.The stock rallied 1.6 percent intraday on December 12.The research firm believes the share price will rise in next 15 days. "Five out of six plants contributed to under-recoveries in FY19/H1FY20 have improved," it said.Close Adani Ports related news Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing? Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Equity inflows drop but SIP figures at all-time high; what should you do? Shares of Adani Ports and Special Economic Zone also gained 1.7 percent intraday on December 12 after the brokerage remained bullish on the stock.While having an overweight call on the stock with a target price of Rs 433 (potential upside of 17 percent), Morgan Stanley feels … [Read more...] about Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech
Coming soon to a tech billionaire’s Silicon Valley home, Morgan Freeman is: Jarvis. advertisement advertisement As I wrote yesterday, Facebook CEO Mark Zuckerberg has finished building Jarvis, his home AI assistant. Among other things, the system can turn lights on and off, play music based on the personal tastes of both him and wife Priscilla Chan, automatically open their front gate for friends, make toast, and even wake up their one-year-old daughter Max with Mandarin lessons. The system was inspired by Tony Stark’s Jarvis AI, from the Iron Man movies. Stark, of course, is played by Robert Downey, Jr., and after Zuckerberg asked the public in October who should be the voice, Downey himself volunteered, saying he would “do it in a heartbeat” if actor Paul Bettany, the voice of Jarvis in the Iron Man films, got paid and the resulting money went to a charity of Benedict Cumberbatch’s choice. But the public had other ideas. Zuck’s post … [Read more...] about Morgan Freeman Will Be The Voice Of Jarvis, Mark Zuckerberg’s Home AI Assistant
Who doesn’t love a voice that is scientifically proven to make us feel safe and secure waking us up every morning? For Mark Zuckerberg and his family, that’s exactly what they’ll be getting now that Morgan Freeman is the voice of Jarvis, the home AI assistant Zuck built over the last year. In a video Zuckerberg released this morning, we see him and his family interacting with a tongue-in-cheek version of Jarvis voiced by Freeman (with some Arnold Schwarzenegger cameos thrown in for good measure). When I visited Zuckerberg’s spacious Silicon Valley home last week for a Jarvis demo, however, Freeman hadn’t done the voice work and all I got was an intro to the standard robotic voice version. advertisement advertisement advertisement … [Read more...] about Morgan Freeman is the voice of Zuckerberg’s Jarvis—because of course he is
Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
The cabinet on December 11 extended the partial credit guarantee scheme for public sector banks (PSBs) to purchase high-rated pooled assets from non-banking financial companies (NBFCs) and housing finance companies (HFCs).The state-owned banks can now purchase high-rated pooled assets from financially sound NBFCs and HFCs, with the amount of overall guarantee provided by the government till the first loss of up to 10 percent of fair value of assets being purchased by banks or Rs 10,000 crore, whichever is lower, said a report.Close However, brokerage houses are not convinced. Credit Suisse is of the view that the wholesale debt market differentiation among NBFCs hasn’t eased. related news Cabinet approves Partial Credit Guarantee Scheme to help NBFCs, HFCs with liquidity Centre's FY20 fiscal deficit target may touch 3.5-3.8%: Report Credit Suisse continues to prefer retail-focused NBFCs such as HDFC Ltd, M&M Finance, Chola Finance, and LIC … [Read more...] about 4 stocks that will benefit most from changes in partial credit guarantee scheme