The strong start has resulted in Sensex reaching the 80,000 market and the Nifty closing above the 24,000 psychological level.
On the last trading day of the week, we saw benchmark indices dropping nearly 1% each due to profit booking after a strong rally over the previous two trading days. The market sentiment was further weakened by the depreciating rupee, weak PMI data hitting 1-year low and crude oil prices reaching 3-month high levels.
Interestingly, the decline in global markets impacted the dollar index rising to above 109 levels, which is at 26-month high on account of expectation that the US Fed would delay interest rate cut following a strong US jobless claims data which indicates that the economy is doing extremely fine.
هذه القصة مأخوذة من طبعة January 04, 2025 من The Free Press Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 04, 2025 من The Free Press Journal.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
TTD Cancels VIP Darshan
In connection with Vaikuntha Ekadasi Vaikuntha Dwara Darshanam from January 10-19, the traditional temple cleansing fete of Koil Alwar Tirumanjanam will be observed on January 7.
Agri Minister Calls For Adoption Of Mechanization
Andhra Pradesh Agriculture Minister Atchannaidu said that mechanization is necessary in agriculture.
Five-Storied Building Demolished by HYDRA in Madhapur
Hydra Commissioner Ranganath said that GHMC officials issued show cause notices to all of them. The building owner did not pay attention even after the GHMC officials gave a show cause notice.
Controversy erupts over JC Prabhakar Reddy's remarks
Tadipatri Municipal Chairman JC Prabhakar Reddy sparked a major controversy during recent New Year celebrations after making derogatory remarks about actress and BJP leader Madhavi Latha.
Revanth, Bhatti Extend Financial Assistance to Civil Services Aspirants
Financial assistance of Rs. 1 lakh for 20 students who cleared Civils interview
Laxman criticizes Congress of breaking promises
The Congress government will be pursued until the promises made to the farmers are implemented
CM to inaugurate Aramghar to Zoo Park flyover today
The state government has allocated Rs 7032 crores for 38 more projects to further improve Hyderabad's infrastructure
90K Spectacles for School Kids
Distribution of 90,000 spectacles to schoolchildren aged between 5 and 15 years across the state Free eye check-ups to all rural residents aged above 45 years
Exposition draws to a close
RELICS OF ST FRANCIS XAVIER TAKEN BACK TO BASILICA
Over 36% survey Nos out of Pvt forest classification
Over 36 percent of the survey numbers identified as private forest by the Thomas and Araujo Committees have been removed from the Private Forest areas by the State government appointed Review Committee after failing to meet the criteria set to determine it as private forest.
