EXPECTATIONS of a festive rally on Dalal Street have been dashed, as the US Federal Reserve's hawkish commentary on future rate cuts has spooked markets. India's equity benchmark indices - the BSE Sensex and NSE Nifty - recorded their steepest weekly declines in over two years, plummeting nearly 5% each.
This week's crash erased almost all the recovery seen between November 21 and December 13, following two months of relentless selling. The Nifty fell by 4.5% (1,150 points) over the week, while the Sensex dropped 4.8% (3,933 points). On Friday, the Sensex closed 1,176.46 points (1.49%) lower at 78,041.59, and the Nifty fell 364.2 points (1.52%) to 23,587.50.
Denne historien er fra December 21, 2024-utgaven av The New Indian Express Kochi.
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Denne historien er fra December 21, 2024-utgaven av The New Indian Express Kochi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A Forgettable Film With Hardly Any Takeaways
Over the years, Malayalam cinema has seen many films about the Christian community, their reverence for the Church, priests, and related customs.
Paati Puts Purpose On A Plate
\"Good morning! Inniki enga paal rasam eppidi unnarudhu nu kaam-chitharen (Today I will show you how to prepare thenga paal rasam),\"\" announces the frail voice of 9-year-old, Bengaluru-based Saraswathy Narayanasamy,
Interstellar to re-release in Feb
CHRISTOPHER Nolan's Interstellar is set to return to cinemas across India, including IMAX screens, on February 7.
That Sinking Feeling...
Ground Zero: TNIE reporter Manoj Viswanathan and lensman T P Sooraj wade through the high-tide floodwaters in Chellanam to highlight the woes of local residents
N-E Lost Forest Cover Equal To Thrice Delhi's Area In Last 2 Decades
The 18th edition of the India State of Forest Report 2023 (ISFR 2023) released on December 21, reported an increase in the country's forest cover by 156.41 sq km in the last two years.
Global Water Cycle Disrupted in 2024, Reveals Report
With over 8,700 deaths, 40 million people displaced, and economic losses exceeding $550 billion, climate change significantly disrupted the global water cycle last year, according to the 2024 Global Water Monitor Report.
RSPB vs WFI: Railway wrestlers may miss out on National Games
ONCE again the rift between the Railway Sports Promotion Board (RSPB) and Wrestling Federation of India (WFI) is set to jeopardise the future of grapplers.
ISL: Punjab FC hold NorthEast
NorthEast United and Punjab FC played out a 1-1 draw in their Indian Super League match at the Indira Gandhi Athletic Stadium here on Friday.
Everton Reach Rd 4 in FA Cup
Managerless Everton advanced to the fourth round of the FA Cup after a 2-0 victory over third-division Peterborough on Thursday.
Signs of promise & more from Satwik and Chirag
Indian duo post third victory in ongoing Malaysia Open to enter semis
