S a result of geo-political 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.
Denne historien er fra December 23, 2024-utgaven av The New Indian Express.
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Denne historien er fra December 23, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
We expect 2025 to be a strong year for us in India: Toyota
AT a time when most automakers are grappling with sluggish demand, Toyota Kirloskar Motor (TKM) is achieving impressive double-digit sales growth each month. This success is driven by its strong SUV portfolio and the strategic partnership between its parent company, Toyota Motor Corporation, and Suzuki Motor Corporation. The Japanese automaker is set to surpass the 3 lakh annual sales milestone in the financial year 2025 and expects this robust growth to continue into the next fiscal year. Unlike other carmakers focusing heavily on electrification, TKM has adopted a unique strategy by offering a broader range of green powertrain options, emphasizing its ultimate goal of reducing carbon emissions. In an interaction with TNIE's Arshad Khan, Vikram Gulati - Country Head of TKM and Sabari Manohar - Vice President of Sales at TKM discuss Toyota's growth in India, their approach towards different powertrains and investments by the company. Edited excerpts:
CONCOCTIONS BY THE COAST
Unnavu Thiruvizha on Marina Beach provides a platform to showcase regional cuisines. But chaos and confusion ensued on Sunday as thousands turned up to relish some delicacies
The Running Man gets Christmas 2025 release
Paramount Pictures has moved the release date of The Running Man remake from November 21 to November 7, 2025, to avoid a clash with Jon M Chu’s Wicked: For Good.
Barry Keoghan, Jenna Ortega film titled Hurry Up Tomorrow
Earlier, we reported that actors Jenna Ortega and Barry Keoghan, as well as musician Abel Makkonen Tesfaye (The Weeknd), would star in an upcoming film directed by Trey Edward Shults.
MENTAL MANADHIL GOES ON FLOORS
EARLIER, we reported that director Selvaraghavan and actor GV Prakash are teaming up for the first time for a film titled Mental Manadhil.
CELEBRATION OF CHANGEMAKERS
CHANGE is the only constant, as the popular adage goes. However, across the world, at this moment, movements, and people are catalysts, fighting in an attempt for a change, carving out a more equal world.
A grand festival of Tamil Isai
THE Raja Annamalai Mandram in Chennai came alive on December 21 as the Tamil Isai Sangam celebrated its 82nd anniversary with grandeur and tradition.
Quenching curiosity: Campus visits in American universities
SAT scores can be a stepping stone to your dream college, but a prestigious name and reputation alone may not guarantee that a school is right for you. Hence campus tours are a good way to gain insight into courses, campus culture and history of the school
Words of Wisdom for Yashasvi
During a net session ahead of the Boxing Day Test in Melbourne, Kohli, Rahul and coach Gambhir give pep talks to Mumbai batter, who has struggled to spend time in the middle
Three-star Blasters down Mohammedan
KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.
