Will Nifty continue sideways movement on Thursday- See GIFT Nifty, FII data, F&O, crude, and more before market opens

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued opening on Thursday. Here is all you need to know before the market opens.

GIFT Nifty was up 7 points, or 0.03%, at 23,521.50 indicating a muted start for the domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 closed 42 points or 0.18% lower to finish at 23,516, while the BSE Sensex gained 36 points or 0.05% to finish at 77,338.

Key things to know before share market opens on June 20, 2024

Wall Street

The Wall Street or US markets were closed on Wednesday on account of the Juneteenth holiday. It closed a record high on Tuesday as Nvidia’s shares were on a w…

What to Know About Biden’s Crackdown on ‘Junk’ Fees

The White House is cracking down on so-called “junk” fees from banks, airlines, cable companies, and other entities.

These are surprise costs added to consumer bills, and they’re some of the most frustrating for unsuspecting consumers. Charges range from bounced check and overdraft fees levied by banks, to hidden fees consumers are forced to pay for cable, internet, flights, hotel rooms, concert tickets, and more. President Joe Biden said the new initiatives will save consumers over $1 billion annually and provide “a little breathing room” for American families after months of steep inflation.

The changes were announced last week as part of a continued push by the Biden administration to highlight its efforts to lower the cost of living. “…

Zuckerberg’s Battle for the Future of AI

The tech industry is currently embroiled in a heated debate over the future of AI: should powerful systems be open-source and freely accessible, or closed and tightly monitored for dangers?

On Tuesday, Meta CEO Mark Zuckerberg fired a salvo into this ongoing battle, publishing not just a new series of powerful AI models, but also a manifesto forcefully advocating for the open-source approach. The document, which was widely praised by venture capitalists and tech leaders like Elon Musk and Jack Dorsey, serves as both a philosophical treatise and a rallying cry for proponents of open-source AI development. It arrives as intensifying global efforts to regulate AI have galvanized resistance from open-source advocates, who see some of those potential laws as threats to innovation and a…

Why Threads’ Privacy Policy Is Sparking Concern

Meta’s new text-based conversation platform Threads launched with a bang earlier this month, surpassing 100 million sign-ups less than a week after it became available to the public on July 5. 

But soon after the app—seen as a direct threat to Twitter, which recently became X— was released, users on Twitter began posting screenshots of Threads’ privacy policy published on Apple’s App store. Some pointed out the app’s terms of service give Meta permission to collect a trove of data, including information on user’s health, financial information, location, search history.

Data privacy experts say that, though this level of data collection is not unique to Threads, users do risk handing over even more personal information to a company that already knows a lot…