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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 :                   ...
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Indian Stock Market ( 24-Mar-2023 )

 Morning Comments


Indian markets could open flat to mildly lower, in line with range bound and mixed Asian markets today and despite higher US markets on Thursday.…


U.S. stocks finished higher in volatile trading on Thursday, clawing back some of the Wednesday’s selloff as investors attempted to shake off concerns about banking-sector stability and the impact of an expected credit crunch. Gains in megacaps like Apple Inc. and Microsoft Corp. put the Nasdaq 100 close to the threshold of a bull market after an almost 20% surge from its December low.


US Treasury Secretary Janet Yellen said late Thursday the federal government would take extra steps to stabilize the U.S. banking system if necessary, in prepared remarks for a House hearing.


The Swiss central bank lifted borrowing costs by 50 basis points after local authorities helped put together a hastily arranged deal for UBS Group to take over scandal-scarred crosstown rival Credit Suisse Group. In the U.K., the Bank of England raised its policy rate by 25 basis points, its 11th consecutive increase.


Despite quick action by regulators and policy makers, there’s a rising risk that banking-system stress will spill over into other sectors and the U.S. economy, “unleashing greater financial and economic damage than we anticipated,” said Moody’s Investors Service.


Accenture Plc on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5 percent of workforce, or 19,000 jobs, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services. Clients seem to be pulling back on spending with an increased focus on cost optimisation. Accenture now expects annual revenue growth to be between 8 percent and 10 percent compared to the previous projection of 8 percent to 11 percent increase. The company saw its revenue for the Feb quarter increase sequentially by 0.4 percent. Net income, however, fell 22.46 percent from last quarter.


Asian equities slid Friday after a technology-driven rally on Wall Street failed to ease the malaise hanging over the banking sector.


Nifty gave up the gains of the morning after a gap down opening and ended in the negative on March 23. At close, Nifty was down 0.44% or 75 points at 17076.9. Nifty could not build on the two day gains. 17200-17225 is proving to be a tough resistance. On falls, 16985 could provide support. If Nifty does not resume the uptrend on March 24, then the short term top would have been made at 17207.

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