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BEST TOURIST PLACE TO VISIT IN TAWANG MONASTERY :

1 .SHONGA TSER LAKE :                                  Often famous as Madhuri Lake, Shonga-Tser Lake is known to be the place where the famous Bollywood song from the movie Koyala was shot. The lake is known for offering panoramic views of the landscape and has been quite a popular tourist spot with wonderful scenic beauty.                                  The vista comprises of the serene hills and mountains that surround the lake and the place charms the tourists with its tranquil ambience. A photographer’s delight, Shonga Tser Lake is a remarkable place to enjoy a casual stroll and bask in the serene atmosphere. The awe-inspiring lake is a great crowd puller in Tawang and offers a respite from the noise and pollution of the cities. 2 .SELA PASS :                   ...

Indian Stock Market ( 21-Mar-2023 )

 Morning comments


Indian markets could open mildly higher, in line with largely positive Asian markets today and higher US markets on Monday.…


U.S. stocks rallied to finish near session highs on Monday, as investors appeared becalmed by the latest efforts to stave off a potential global banking crisis ahead of this week’s Federal Reserve interest-rate decision.  US stocks finished higher as regulators worldwide rushed to shore up market confidence, with the recent financial turmoil spurring speculation on a slower pace of tightening from major central banks.


The US Fed, meanwhile, faces a dilemma at its policy meeting on Tuesday and Wednesday as it tries to balance its inflation fight against worries over the stability of the financial system. The Fed is between a rock and hard place when it comes to trying to bring down inflation by hiking rates and not putting undue pressure on the banking system. Fed-funds futures traders, who earlier this month had braced for a rate hike of 50 basis points, or half a percentage point, now see a 26.9% chance that policy makers will leave rates unchanged on Wednesday and a 73.1% chance of a 25-basis-point, or quarter-point, increase.


The Centre has reduced windfall gains tax on domestic production of crude petroleum to Rs 3,500 per tonne from Rs 4400 per tonne, it said in a notification late on March 20.While the government has increased the export duty on diesel marginally to Rs one per litre from Rs 0.50, the export levy on both petrol and Aviation Turbine Fuel (ATF) continues to be nil.The new rate will be effective from March 21.


Asian stocks advanced Tuesday following gains on Wall Street as immediate concerns over the strength of the global financial system dissipated though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.


Nifty snapped a two day rise on March 20 and closed in the negative, though after witnessing a sharp rebound from the afternoon lows. At close, Nifty was down 0.65% or 111.7 points at 16988.4. Nifty has formed a bullish hammer on daily charts after forming two dojis, hinting at possibility of an upward reversal. 17146-16939 band needs to be broken on either side for accelerated move in that direction.

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