NEW DELHI: Today, several companies’ stocks hit their lowest points in the last year. Siemens, MITCON Construction & Engineering, Onward Tech, Carraro India, and Themis Medicare were some of those stocks. The main stock market in India, the NSE Nifty, fell by 742.86 points, closing at 22,161.6. Similarly, the BSE Sensex dropped 2,226.79 points to end at 73,137.9.
On a brighter note, some companies like Reliance Naval & Engineering, NACL Industries, Hotel Rugby, ARSS Infrastructure, and ICICI BSELiqETF Gr reached their highest stock price in a year. In the Nifty 50 index, some of the top winners were HUL, NTPC, Zomato, Apollo Hospital, and Nestle India. However, Trent, Tata Steel, JSW Steel, Hindalco, and Shriram Finance were among the biggest losers today.
Category: Business & Economy
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Today’s Stock Market: Major Winners and Losers Revealed!
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Goyal’s Startup Comments Spark Debate on India’s Growth Potential
On Friday, Indian government minister Piyush Goyal accused the Congress party of misleading young entrepreneurs in India. He said they twisted his words from a recent event called the Startup Mahakumbh. Goyal noticed that most people found his advice helpful, except for some Congress members on social media who were trying to create drama.
At Startup Mahakumbh, he questioned whether India should only become a place for delivery jobs. He mentioned that real entrepreneurship involves more advanced fields like robotics and 3D printing, comparing India’s startups with those in China. Goyal expressed the need for India to compete and strive for higher goals, saying that focusing only on food delivery apps was limiting India’s potential.
His comments received mixed reactions, with some Congress members criticizing him, claiming he revealed the struggles of Indian startups. Overall, Goyal believes young Indians can achieve great things if they aim higher.