Sensex, Nifty Struggle For Direction In Early Trade
From Nasdaq:
Indian shares were mixed on Monday as investors considered global market trends and anticipated strong economic growth in 2023-24. The S&P BSE Sensex was down 0.1% at 71,945, while NSE Nifty dropped 0.1% to 21,680. Key stocks like Tata Consumer Products, Divis Laboratories, and Apollo Hospitals Enterprise declined, but Tata Steel and ONGC saw increases. Notable Q3 updates were shared by Titan Company, while Dr Reddy’s Laboratories is recalling over 8,000 bottles of a generic drug due to a packaging error. Reliance Industries announced a partnership with Brookfield to open a data center in Chennai, and Bajaj Auto is considering a share buyback after adding half a percent. Forthcoming Q3 earnings for Tata Consultancy Services and Infosys are due January 11.
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