Last Updated : May 07, 2024 / 06:24 IST
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
Market Buzz
FIIs offload shares worth Rs 2,168 cr in volatile session, DIIs buy shares worth Rs 781 cr
Foreign Institutional Investors continued offloading Indian equities on May 6 as they sold shares worth Rs 2168.75 crore in a volatile trading session. Domestic Institutional investors picked up shares worth Rs 781.39 crore. Read more
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Today
Big Story
India's 6-week long national election leaves RBI with liquidity dilemma
The Reserve Bank of India is stepping in to ease banking system liquidity conditions as a national election that stretches over six weeks is hurting government spending despite strong tax collections. Read more
Your Money
Will a new scheme that bets on non-cyclical consumer sectors pay off? A Moneycontrol review
Groww Mutual Fund has launched India's first non-cyclical index fund that proposes to invest in stocks that represent the non-cyclical consumer theme. This passive thematic fund will focus on top companies from sectors such as consumer goods, consumer services, telecom, services, media and entertainment, publication, and textiles, among others. Read more
Tech Tattle
Microsoft readies new AI model to compete with Google, OpenAI, says report
Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet's Google and OpenAI, the Information reported on Monday. Read more
Lok Sabha Elections 2024
Let alone 400, BJP won't even win ...': Rahul Gandhi repeats prediction for Lok Sabha polls
Congress leader Rahul Gandhi on Monday repeated his earlier prediction that BJP will not cross more than 150 seats in the Lok Sabha elections. Read more
Tailpiece
21-year-old student is 'incredibly disappointed' after Tesla revoked her Rs 2,100 per hour internship
Brook Gura, 21, spent three weeks interviewing with Tesla before bagging a summer internship offer from the company in February. The 12-week internship was scheduled to start on May 20. Gura, a University of Texas student, was looking forward to spending her summer as a recruiting intern in Tesla's human resources department, she told Business Insider. But, three weeks before her internship began, the automaker revoked her offer. Read more
LIVE: Samir Arora on beating the market and backing new-age stocks Watch more
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Rajeev Thakkar on hyper-competition, cash holdings and finding value in US and China Watch more You are already a Moneycontrol Pro user.

