Shutterstock.comThe NSE Nifty index traded 10.65 points down at 17141.25, while BSE Sensex was down 38.5 points at 58176.09 as of 11:05AM(IST)on March 23.
In the Nifty index, Hindalco Industries Ltd.(up 1.39 per cent), Maruti Suzuki India Ltd.(up 1.24 per cent), Tata Motors Ltd.(up 1.21 per cent), Nestle India Ltd.(up 1.10 per cent) and Axis Bank Ltd.(up 1.05 per cent) were among the top gainers.
On the other hand, Asian Paints Ltd.(down 1.97 per cent), Reliance Industries Ltd.(down 1.25 per cent), HCL Technologies Ltd.(down 1.15 per cent), Wipro Ltd.(down 1.09 per cent) and Infosys Ltd.(down 0.97 per cent) were among the top losers.
Thursday, 23 Mar, 2023- Front Page
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Fed Hikes Rates by 25bps, Signals One More on CardsThe Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks.
FM Calls State-owned Lenders’ Meet Amid Global Banking CrisisFinance minister Nirmala Sitharaman has called a special meeting of state-run lenders later this week to seek their views on heightened global concerns over the banking system’s vulnerability due to monetary tightening.
With Great Ecommerce Comes Great Responsibility for Online PlatformsThe consumer affairs ministry is working on tightening ecommerce rules to make online retail platforms liable for fraud committed by sellers and attaching “fallback liability” to their role as intermediaries, said a senior official.
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