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Indian indices snapped a 3-day losing streak yesterday with BSE Sensex gaining as much as 846.94 points and NSE Nifty gaining 241.75 points.
Mumbai: SGX Nifty is trading in red hinting at a negative opening for Indian indices. The other global markets have shown mixed response with Dow Jones Industrial Average, S&P 500 ending in red, while Nasdaq Composite and Russell 2000 Index ended in green.
Indian indices snapped a 3-day losing streak yesterday with BSE Sensex gaining as much as 846.94 points and NSE Nifty gaining 241.75 points.
STOCKS TO WATCH ON JANUARY 10, 2022
TCS: IT major Tata Consultancy Services (TCS) has reported a 10.98 percent increase in its consolidated net profit at Rs 10,883 crore for the quarter that ended December 2022 (Q3FY23). In the year-ago period, the company had posted a profit of Rs 9,806 crore.
Tata Power Company: Tata Power subsidiary Tata Power Renewable Energy has received ‘letter of award’ to set up 255MW hybrid power project (wind and solar) for Tata Power Delhi Distribution, in Karnataka. Tata Power Delhi Distribution is a joint venture of Tata Power and the Government of NCT of Delhi. The project will be commissioned within 24 months from the PPA execution date.
Oil and Natural Gas Corporation (ONGC): ONGC Videsh Ltd, the overseas arm of state-owned ONGC, has re-taken a 20 per cent stake in the Sakhalin-1 oil and gas fields in the far east region of Russia. Russian President Vladimir Putin in October last year disbanded Exxon Neftegaz – a regional subsidiary of US super major ExxonMobil – as operator of the Sakhalin-1 and transferred the project and all of its assets and equipment to a new operator.
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