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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 ( 29-Mar-2023 )

 Morning Comments


Indian markets could open flat to mildly higher, in line with largely higher Asian markets today and despite lower US markets on Tuesday.…


U.S. stocks ended modestly lower on Tuesday, dragged down by a selloff in technology stocks as investors closely assessed the state of the banking sector and the health of the economy.


Bond yields continued to extend gains with the 2-year U.S. Treasury note rising back above 4% on Tuesday, putting pressure on the technology sector.


An important clue to the likely trajectory of Federal Reserve policy will come on Friday when the PCE inflation gauge for February will be published.


Tuesday’s data included advanced U.S. trade balance in goods, showing the deficit in goods increased 0.6% to $91.6 billion in February — basically flat in the month. U.S. consumer confidence in March beat forecasts, rising 104.2 from a revised 103.4. Despite the financial anxiety and stressors out there now, the upbeat numbers show the job market’s strength and consumer hopes for economic improvements.


Investors were also focused on European banks after French prosecutors said lenders including Societe Generale SA and BNP Paribas SA face collective fines of more than 1 billion euros ($1.1 billion) as part of a probe into tax fraud and money laundering. 


Chinese stocks rose Wednesday as a planned revamp of Alibaba Group Holding Ltd. provided a bright spot in Asia following a decline in US equities.


Nifty fell marginally on March 28 ahead of the fiscal year end. At close, Nifty was down 0.20% or 34 points at 16951.7. Nifty closed at almost a five and half month low and in the process underperforming the other markets over the last few sessions. 16747-17045 could be the trading range for the Nifty in the near term. Tax loss related sales could have come to an end and we may soon see Indian markets performing in line with other markets.

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