According to exchanges, BSE Sensex dropped 176 points to 59,781.42 while NSE Nifty 50 dipped 55 points to 17,826.45 points in morning trade on Friday. It is expected that domestic stocks might strengthen later in the session.
New Delhi [India], January 11 (ANI/ATK): In the past, people generated passive income by investing in multiple things. There used to be a difference between these fields based on the area. Some people invest in real estate, while others buy stocks. All of these things took considerable time,
Indian stock indices have extended losses for the second straight session, largely due to continued selling by foreign investors on concerns over higher stock valuations.
TCS, among the Nifty 50 companies, was the top loser this morning. It declined over 2 per cent. Analysts attribute the decline to less-than-estimated earnings during the October-December quarter.
The positive outlook for 2023 is despite concerns emanating from the global slowdown and a possible recession in the Western economies due to the unwinding of monetary policy by central banks.
The US Federal Reserve officials believe it would not be "appropriate" to begin loosening monetary policy stance in terms of interest rate in 2023, Minutes from the latest policy meeting held on December 13-14 showed.
New Delhi [India], January 4 (ANI/PNN): Shares of the Gujarat-based Venus Pipes and Tubes have turned out to be one of the multi-bagger stocks on 2022 on Dalal Street.