Among the Nifty pack, big boy Reliance, ICICI Bank, Infosys, Nestle, Tata Motors, TCS and Hero Moto were among the top gainers, while there were only four Nifty stocks lagging in the red today- Apollo Hospitals, Sun Pharma, Asian Paints and Divi's Labs. Defense stocks such as BEL, Bharat Dynamics, Garden Reach Shipbuilders and Cochin Shipyard were gaining in trade to., Markets News, Times Now
IT Stocks To Buy: HDFC Securities has recommended TCS, Infosys, Wipro, HCL Tech, Tech Mahindra, LTIMindtree, Persistent Systems and Mphasis shares to investors.
People feel that stock market won't do well if number go up and the Fed becomes more aggressive on interest rates, then what's the place to go? Definitely, it is either Gold or Bitcoin because they feel income may not be impacted by these factors.
Shares in European and Asian markets declined amid concerns of a crisis in the banking sector and fears of a looming recession. In Europe, Germany's DAX lost 1% to 15,055.96, and the CAC 40 in Paris fell 1%, to 7,065.83. Britain's FTSE 100 declined 1.1% to 7,418.52. In Asia, shares in regional banks were modestly lower on Friday, with HSBC Holdings plc losing 2.9% in Hong Kong, while mid-sized Japanese bank Resona Holdings declined 2.6%.