Mkt falls as Fed indicates lower rate cut in 2025
The New Indian Express|December 20, 2024
DOMESTIC equity market declined sharply on Thursday following a cautious Federal Reserve commentary and weak global cues.
ARSHAD KHAN
Mkt falls as Fed indicates lower rate cut in 2025

Following for the fourth straight session, the BSE Sensex and NSE Nifty50 have given up key support levels of 80,000 and 24,000, respectively.

At Thursday's close, the Sensex was down 964.15 points or 1.20% at 79,218.05 and the Nifty fell 247.15 points or 1.02% to settle at 23,951.70. The 4-day selling has wiped out investors' wealth by more than ₹10 lakh crore.

Denne historien er fra December 20, 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.

Denne historien er fra December 20, 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.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESSSe alt
A MEDITATION ON CULTURE
The New Indian Express

A MEDITATION ON CULTURE

Common Nouns brings together 15 contemporary artists to examine how the ancient and the modern coexist

time-read
3 mins  |
December 20, 2024
HYPERFORMANCE F1 STYLE
The New Indian Express

HYPERFORMANCE F1 STYLE

This new hypercar from one of the world’s most well-known sportscar manufacturers uses groundbreaking Formula One technology to make a race car road-legal...

time-read
1 min  |
December 20, 2024
Sparkle on, boldly
The New Indian Express

Sparkle on, boldly

The Leora Collection is a dazzling tribute to individuality, confidence, and grace

time-read
2 mins  |
December 20, 2024
LAUNCHES IN JANUARY 2025
The New Indian Express

LAUNCHES IN JANUARY 2025

As the new year begins, top mobile brands are expected to reveal their latest smartphones.

time-read
1 min  |
December 20, 2024
'AI is a tool that enhances productivity; it doesn't replace jobs'
The New Indian Express

'AI is a tool that enhances productivity; it doesn't replace jobs'

Artificial Intelligence (AI) is a tool that enhances productivity rather than replacing jobs, said Shelton Rego, vice-president of sales, Freshworks India.

time-read
2 mins  |
December 20, 2024
'Chip designing skills, ecosystem give India edge in semicon biz'
The New Indian Express

'Chip designing skills, ecosystem give India edge in semicon biz'

Director of IBM Research India and CTO of IBM India and South Asia, Dr Amith Singhee, in an interaction with Dipak Mondal, explains breakthroughs in quantum computing and Generative AI.

time-read
1 min  |
December 20, 2024
The New Indian Express

Day of records for Richa and India

RICHA Ghosh (54 off 21) equalled the world record for the fastest fifty in women's T20Is (18 balls) after Smriti Mandhana's (77) fireworks as India registered 217 for 4 in the series-deciding third and final match against the West Indies here on Thursday.

time-read
1 min  |
December 20, 2024
Ashwin gets hero's welcome at home from family and friends
The New Indian Express

Ashwin gets hero's welcome at home from family and friends

RAVICHANDRAN Ashwin, who took the cricketing world by surprise with his sudden retirement from international cricket, arrived in Chennai early morning on Thursday.

time-read
2 mins  |
December 20, 2024
Liverpool, Arsenal in semis
The New Indian Express

Liverpool, Arsenal in semis

LIVERPOOL moved into the League Cup semifinals as the holders won 2-1 against managerless Southampton.

time-read
1 min  |
December 20, 2024
9th edition of Junior Super Kings tourney from Dec 26
The New Indian Express

9th edition of Junior Super Kings tourney from Dec 26

CHENNAI Super Kings on Thursday launched the ninth edition of the Junior Super Kings inter-school T20 tournament.

time-read
1 min  |
December 20, 2024