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Shares of Nvidia and Advanced Micro Devices (AMD) jumped on Tuesday as investor optimism over the prospects of higher demand for artificial intelligence (AI)-powered chips prompted Wall Street analysts to hike their price targets for the semiconductor giants.

Brent crude futures rose 12 cents, or about 0.2%, to$78.27 a barrel at 0002 GMT. The contract had settled 14 cents lower on Monday.

Banks were advised by senior RBI officials during an interaction in Kochi on Saturday to prepare themselves for the changes that would be needed to deal in multiple currencies in an evolving market where the US dollar would not be the only and obvious choice for the settlement of cross-border trades and other transactions.

RBI Governor Shaktikanta Das has steadfastly maintained over the years that cryptocurrencies pose a palpable threat to currency and monetary stability and could be the source of the next major global financial crisis.

This will be the largest fund-raising round by Bigtree Entertainment Pvt. Ltd, which operates BookMyShow. Reliance unit Network 18 is the largest shareholder with a 37% stake.

​​The company had reported a net profit of 352 crore in the year-ago period. The insurer’s gross direct premium income grew 13.4% to 6,230 crore during the quarter under review from 5,493 crore in the year-ago period aided by growth in the health and motor segment.

State Bank of India is set to kick off domestic bond issuances for 2024 with the sale of an additional tier-1 (AT-1) bond worth up to ₹5,000 crore. Bidding for the issue would happen on Thursday, people aware of the development said.

These bonds, with a maturity of 39 months, were priced at 6.625%, lower than the initial guidance of 7%, top management of Shriram Finance and arrangers to the issue told ET. The transaction saw a peak orderbook of close to $3 billion, one of the largest for an Indian high-yield issuance.

"The railways strategic business group of L&T Construction has secured a mega contract to ....construct 508 route km of high-speed electrification system works for the Mumbai-Ahmedabad High-Speed Rail (MAHSR) Project, popularly referred to as the bullet train project," the company said in a filing to BSE.