S a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.
What was not anticipated though was a fresh indictment with legal implications on the Adani group by the US SEC. The Foreign Institutional Investors (FIIs) who were already nervous about the rich valuations of Indian stocks and had already commenced profit-booking, then started selling even more aggressively leading to a 10% correction in the key indices.
The silver lining here was that an overheated market let off steam and there were value picks available for the taking among the lot of shares whose prices got hammered down during the selling spree.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
A Guilty, Albeit Predictable, Pleasure
In sequels to 'happily ever after' romantic films, the narrative often tests the strength of the lead couple's bond by introducing obstacles—be it physical distance or a potential rival sparking jealousy.
Getting to Do Spy Stuff is Fun
Keira Knightley speaks to Sally James on playing a secret agent in her latest spy thriller, Black Doves
A Story of Uneasy Love
The fast-paced love story between a Muslim girl and a Hindu boy explores the tension between tradition and modernity
Making 2025 Your Best Year
Eleven infallible strategies to transform New Year resolutions into habits
Sax and the City
The best hop, skip and jump spots for aficionados of jazz in its birthplace where the music never stops and feet never stop tapping
Making Her Blush Permanently
A latest beauty trend everyone is buzzing about has a tattoo element
Memorial for Manmohan is a Requiem for a Lost Dream
Dead people never really die. They are kept alive through man's endless need for ritual, both in the private and public realm.
It Maybe the Best of Times, but It is Surely the Worst of Times
Manmohan Singh, former PM and finance minister who launched India's 1991 economic reforms, died last week.
The Winning Edge
Entrepreneur Stuti Jalan is taking the story of Indian women to the global stage
An Eye on the Oppressed
Photographer Jaisingh Nageswaran's childhood was defined by just one incident.
