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Wipro Names Global Chief Marketing Officer
India's "stock frenzy"? Funds are pouring into the Indian stock market frantically.
In the past five years, India's Nifty 500 Index soared by 126%, far exceeding the performance of the S&P during the same period. An increasing number of Indian retail investors are beginning to believe that Stocks are an "investment that won't incur losses."
India's Nifty Index fell by 1.3%, with HDFC Bank leading the decline.
The Mumbai stock market in India has fallen for the fourth consecutive day, with the NSE Nifty 50 Index dropping 1.3% to 23,887.25 points. HDFC Bank Ltd. declined 1.4%, having the greatest drag on the index. Wipro saw the largest drop at 2.6%. In early trading, 48 out of 50 stocks fell, while 2 rose.
Wipro to Acquire Applied Value Technologies for Up To $40 Million
CFRA Initiates Wipro(WIT.US) With Hold Rating, Announces Target Price $4
U.S. Stock Market Insights | Tesla stabilizes at $400! Will it hit a historical high this week? Strong gaming performance + upward adjustment of annual revenue forecast! Sony's stock price reaches a two-year high.
The Industry's fundamentals have shown a strong recovery, American Airlines' stock price has skyrocketed over 60% since the low in August; insiders continue to increase their Shareholding in the company's Stocks! MSCI's stock price has reached an all-time high.