MUMBAI: Markets now await the onset of the annual Santa Claus rally, when stocks tend to rise during the Christmas-New Year holiday season.
While reducing the US policy rate by 25 basis points, the Fed signaled it may reduce rates twice in 2025 instead of four times as projected earlier. The Nifty and Sensex fell in line with global peers as foreign investors dumped domestic bluechip stocks. The cut in Fed's rate forecast strengthened the dollar, dragging the rupee below 85 per dollar to a new low.
The Nifty closed below 24,000, settling 1.02% lower at 23951.70, while the Sensex closed below 80,000, shedding 1.2% to 79218.05. The day saw intense selling in banks, technology, and oil and gas, heavyweight sectors where foreign portfolio investors (FPIs) have a sizeable presence.
Diese Geschichte stammt aus der December 20, 2024-Ausgabe von Hindustan Times Chandigarh.
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Diese Geschichte stammt aus der December 20, 2024-Ausgabe von Hindustan Times Chandigarh.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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JACKKY CAN MAKE ME LAUGH
Rakul Preet Singh and Jackky Bhagnani look back on the year that changed their relationship status
UT CONSTABLE BOOKED FOR ATTACKING BOUNCER IN CLUB
Since the old terminal building at Chandigarh Airport has been re-purposed for various other functions, there is no proposal to make the terminal operational for passenger movement, said the Union ministry of civil aviation on Thursday.
Claims, objections to be disposed of by Dec 24: DEO to parties
District election officer-cum-deputy commissioner Nishant Kumar Yadav on Thursday informed political parties that as per the schedule of special summary revision of photo electoral roll, claims and objections will be disposed of by December 24.
A refuge from biting cold: 3 night shelters come up outside PGIMER
As the temperature continues to dip, night shelters set up by the Chandigarh municipal corporation (MC) outside the Post Graduate Institute of Medical Education and Research (PGIMER) are providing a huge respite to the needy in beating the winter blues.
Trauma centre misses another deadline, now wait till Mar '25
Green-lit in 2019, the 259-bed centre was to be complete by December 31
Two killed, 1 critical as speeding car hits truck
IDENTITIES OF CAR OCCUPANTS, WHO APPEAR TO BE IN 20S, IS YET TO BE ASCERTAINED, CAR BORE UP REGISTRATION NUMBER
Vice-President to be chief guest at PU alumni meet
IN AN EARLIER SCHEDULE, PU HAD SAID GUJARAT GUV ACHARYA DEVVRAT, ALSO A PU ALUMNI, WILL BE CHIEF GUEST
Ex-Hry BJP chief's son attacked with iron rods; 3 held
OP Dhankar's son targeted when he was returning home from work, premeditated attack suspected
KOHLI CONFRONTS MEDIA OVER FAMILY PRIVACY IN MELBOURNE
India batter Virat Kohli was involved in a verbal exchange with a media person at the Melbourne Airport, upon arriving in Victoria ahead of the Boxing Day Test at the Melbourne Cricket Ground (MCG).
Ashwin's call and why retirement can be fresh start
Ashwin's sudden turn midway through a Test series has shocked everyone. It seems he ended his glorious spell angry/frustrated/disappointed; he wasn't central to the Indian team's plans anymore.
