V-shaped recovery seen for indices
Financial Express Lucknow|December 14, 2024
STRONG BUYING IN index heavyweights like telecom, IT, FMCG, and banking sectors fuelled Friday's rally.

Experts attributed the recovery to a fall in retail inflation and rupee depreciation, among other factors. In contrast, equity indices in China and Hong Kong fell by 2% each, while Japan and Indonesia declined nearly 1% each.

"The domestic market smartly recovered from the day's low and moved out of the consolidation path, led by index heavyweights. A gradual easing in food inflation, a price hike by FMCG companies, and a recent correction in valuations supported the sector to outperform," said Vinod Nair, Head of Research, Geojit Financial Services.

この記事は Financial Express Lucknow の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Lucknow の December 14, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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