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Business Standard
12-05-2025
- Business
- Business Standard
Sensex, Nifty log best day in 4 yrs on India-Pak truce, US-China trade deal
Share market closing bell today, Monday, May 12, 2025: Benchmark Indian equity indices, BSE Sensex and NSE Nifty50, logged their biggest intraday gains in the last four years, on Monday, May 12, 2025, as Dalal Street investors celebrated the truce between India and Pakistan—following a period of rising tensions that had nearly escalated into a full-blown conflict. The ceasefire, analysts said, helped ease fears of war, leading to a surge in investor confidence and fueling the rally in the markets. The BSE Sensex surged by 3,041.5 points, reaching an intraday high of 82,495.97, while the Nifty50 climbed 936.80 points to touch a high of 24,944.80—just 56 points shy of the psychological 25,000 mark during intraday deals on Monday. Investor sentiment was further bolstered by the trade agreement between the US and China, who jointly announced a 90-day pause on certain tariffs, sparking optimism in global markets and contributing to the widespread rally. Under the deal, the US will reduce tariffs on Chinese goods from 145 per cent to 30 per cent, while China will lower tariffs on American imports from 125 per cent to 10 per cent. The positive sentiment spread across broader markets, with mid- and small-cap stocks leading the charge. Among the sectoral front, IT stocks outperformed others, followed closely by solid gains in financial services, metals, automobiles, and real estate stocks. At the close, the BSE Sensex stood at 82,429.90, up by 2,975.43 points or 3.74 per cent from its previous close. With the rebound, the market capitalisation (market-cap) of BSE-listed companies went up by ₹16.15 trillion to ₹432.56 trillion. The day ended in favor of the bulls as 3,545 out of 4,254 traded stocks on the BSE settled higher, while 576 declined, and 133 remained unchanged. Barring IndusInd Bank and Sun Pharma, all the other 28 Sensex constituent stocks ended higher, with Infosys and HCL Technologies leading the gains. Other notable performers included Tata Steel, Tata Consultancy Services, Eternity, and Tech Mahindra, which saw gains in the range of 5.54 per cent–5.36 per cent. Mirroring the Sensex, the Nifty50 also ended higher, up by 916.70 points or 3.82 per cent, closing at 24,924.70. The Nifty Midcap100, and Smallcap100 indices settled higher by 4.12 per cent, and 4.24 per cent, respectively. Rail Vikas Nigam (up 11.71 per cent), Reliance Power (11.25 per cent), HFCL (10.74 per cent), JBM Auto (10.35 per cent), IFCI (10.32 per cent), Escorts Kubota (9.25 per cent), and Oracle Financial Services (8.90 per cent) were among the top gainers in the space. Nifty IT index outperforms Among the sectoral front Nifty Index emerged as the top gainer with settling higher by 6.70 per cent led by Oracle Financial Services (8.90 per cent), Infosys (7.69 per cent). READ MORE This was followed by Nifty Metal (5.86 per cent), Realty (5.93 per cent), and Auto (3.42 per cent) indices. Further, all three banking related indices, Bank Nifty, PSU Bank, and Private Bank Indices settled with gains of over 3 per cent each. The easing of geopolitical concerns and progress on global trade talks brought significant relief to the markets, reflected in a sharp drop in the India VIX volatility index, analysts suggest. Notably, the fear index (India VIX), which gauges the volatility in the markets, ended lower by 14.97 per cent at 18.39 points. Stock market technical outlook A confluence of positive geopolitical and economic developments—the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China, Vinod Nair, head of research, Geojit Investments, said, sparked the strongest daily market rally in recent times. The tariff issue had a pivotal role in the stock market's consolidation over the year. The sudden easing of the US-China tariff war, Nair believes, unlocked multiple investment avenues for investors. "Sustained foreign institutional investor (FII) inflows, along with a resurgence in retail participation fuelled by expectations of a swift improvement in business sentiment, propelled today's upside. However, while the momentum remains strong, the market may enter a phase of consolidation in the near term as investors await concrete signs of earnings growth. In the meantime, mid & small caps are expected to maintain the optimism in the broad market," said Nair. Nifty50 eyes 25,200 Technically, the sharp rise in the Nifty50, analysts suggest marks a continuation of the uptrend following a three-week consolidation phase. "Having crossed the previous swing high of around 24,857, the index is now poised to inch towards the 25,200 level, while the 24,400–24,600 zone is expected to offer strong support on any dip," said Ajit Mishra – SVP, research, Religare Broking. Meanwhile, Shrikant Chouhan, head - equity research, Kotak Securities, believes that the 24,590 resistance zone has now become a strong support zone for short-term traders. "For day traders, buying on intraday dips and selling on rallies would be the ideal strategy. On the higher side, 25,200–25,300 would be the key resistance areas, while below 24,590 traders may prefer to exit their long positions," said Chouhan.
Yahoo
07-05-2025
- Business
- Yahoo
Oracle launches cloud solutions to power retail banking
Oracle has introduced new cloud services aimed at assisting retail financial institutions in modernising their lending and collections processes. The newly launched Oracle Banking Retail Lending Servicing Cloud Service and Oracle Banking Collections Cloud Service are designed to enhance operational efficiency and risk management for financial organisations. These services are now available and are expected to facilitate the delivery of 'innovative' services and pricing options to customers, while optimising loan servicing and streamlining collections. These offerings are part of Oracle's Banking Cloud Services portfolio, which encompasses various solutions including Digital Banking Experience, Banking APIs, Originations, Accounts, and Payments Cloud Services. The Oracle Banking Retail Lending Servicing Cloud Service features a "scalable' core product engine that enhances loan product management and operations. This service allows financial institutions to automate intricate business processes and obtain real-time insights, enabling them to provide new digital services that meet the changing demands of their customers. Additionally, it supports loan portfolio optimisation and risk assessment, which can contribute to improved profitability and competitiveness through customised pricing strategies. Simultaneously, the Oracle Banking Collections Cloud Service addresses the entire collections lifecycle and enhances the management of delinquencies. It offers extensive capabilities, configurable workflows, and automated processes, allowing financial institutions to refine their collections operations, implement borrower-focused strategies, and lower delinquency rates. The cloud-native and component-based services within the Oracle Banking Cloud Services portfolio are designed to help financial institutions modernise with reduced risk and achieve quicker returns on investment. These services can function independently or integrate with existing systems, allowing for rapid provisioning and availability. Furthermore, they feature automated patching and reduced disaster recovery switchover times, which can help decrease IT costs and operational burdens. The services leverage the security, performance, and scalability of Oracle Cloud Infrastructure. Oracle Financial Services executive vice president and general manager Sonny Singh said: 'We continue to deliver new innovations to our extensive portfolio of modular retail banking cloud solutions that empower financial institutions to evolve and improve critical operations in accordance with the demands and needs of their business.
TECHx
13-03-2025
- Business
- TECHx
Oracle Enhances Investigation Hub with AI to Combat Financial Crime - TECHx Media Oracle Enhances Investigation Hub with AI to Combat Financial Crime
Oracle Enhances Investigation Hub with AI to Combat Financial Crime News Desk - Share Oracle Financial Services is transforming financial crime investigations by integrating AI agents and agentic workflows into its Investigation Hub Cloud Service. These new capabilities help financial firms automate investigative processes, uncover complex patterns, and fight financial crime more efficiently. By leveraging generative AI-driven narratives, the AI agents supplement investigators' analysis, improving the quality and speed of reviewing suspicious activity. This automation saves valuable time and resources by reducing manual tasks and allowing investigators to focus on high-priority cases. Available globally, the upgraded Investigation Hub empowers financial institutions of all sizes to enhance compliance and streamline operations. According to Jason Somrak, head of financial crime product strategy at Oracle Financial Services, the introduction of agentic AI marks a paradigm shift in financial crime investigations. The AI-driven approach follows investigative plans, collects evidence, and recommends actions while generating comprehensive narratives that document findings. This helps financial institutions ensure consistency in decision-making, improve risk analysis, and achieve operational efficiencies. As financial crime becomes more sophisticated, regulatory scrutiny increases, making traditional manual investigations time-consuming and error-prone. Unlike AI chatbots that require investigators to input specific queries, Oracle's AI agents autonomously surface key insights, collect evidence, recommend decisions, and generate structured alert narratives. These AI-driven workflows help financial crime analysts eliminate inconsistencies, ensuring more reliable and actionable intelligence. Powered by generative AI, these agents analyze alert information, including matches between customer data and sanction lists, and automatically create detailed narratives summarizing key findings. This automation enables financial crime and compliance teams to conduct thorough investigations and make data-driven decisions with greater confidence. The AI-enhanced Investigation Hub is part of Oracle's broader financial crime and compliance management solutions, designed to make financial investigations more predictable, reliable, and efficient.
Yahoo
13-03-2025
- Business
- Yahoo
Oracle Brings AI Agents to the Fight Against Financial Crime
New agentic AI capabilities in Oracle Investigation Hub can reduce manual work to help uncover and thwart financial schemes faster AUSTIN, Texas, March 12, 2025 /PRNewswire/ -- Oracle Financial Services is supercharging its Investigation Hub Cloud Service with the addition of a broad class of AI agents and agentic workflows that enable financial firms to automate investigative processes needed to uncover complex patterns and fight financial crime. The agents help improve the overall quality and speed of reviewing suspicious activity by using generative AI-driven narratives to supplement investigators' own analysis. This can save valuable time and resources by offloading many traditionally manual tasks and enabling investigators to focus their time on the most pressing leads. These new capabilities are available globally for financial institutions of all sizes using the Investigation Hub crime and case management solution. "The addition of agentic AI capabilities to our Investigation Hub Cloud Service represents a paradigm shift in financial crime investigations," said Jason Somrak, head of financial crime product strategy, Oracle Financial Services. "Our unique generative AI approach follows investigative plans, collects evidence, and recommends actions while providing investigators with robust narratives documenting the findings. This enables firms to drive consistency in decision making and thoroughly investigate all risks automatically while realizing massive operational efficiencies." Combatting crime with agentic AIFinancial institutions face mounting pressure to identify and combat increasingly sophisticated financial crime schemes while managing regulatory scrutiny. Traditional investigative processes often rely on tedious manual data collection and analysis that can be slow, resource-intensive, and prone to human error. While some solutions employ AI chatbots that require investigators to ask the right questions in the right way, Oracle Financial Services delivers multiple AI agents that are designed to surface key insights, collect evidence, recommend decisions, and generate comprehensive alert narratives. This automated approach helps eliminate inconsistencies caused by variations in user queries and helps deliver more consistent and reliable information for investigative analysts. These agents, driven by generative AI, can be leveraged to analyze alert information, including matches between customer data and sanction lists. From there, they can be used to automatically create compelling narratives that summarize the key details of each alert, providing financial crime and compliance investigators with relevant information to better conduct a thorough analysis and make data-informed decisions. These new capabilities are part of the larger set of Oracle financial crime and compliance management solutions focused on making financial investigations more predictable, reliable, and credible using generative AI. For more information visit: About Oracle Financial ServicesOracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next-generation financial services. We enable customer-centric transformation, support collaborative innovation, and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime, and comply with regulations. To learn more, visit our website at: About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle Sign in to access your portfolio
