Indian equities declined for the fourth straight session after the US Federal Reserve forecasted only two reductions in policy rates in 2025, contrary to expectations of three to four cuts.
The Sensex fell 940 points, or 1.2 per cent, to 79,242.61, while the 50-share Nifty index closed at 23,952, down 247 points, or 1.02 per cent. In the last four sessions, the Sensex declined by 3.5 per cent and Nifty by 3.3 per cent.
This story is from the December 20, 2024 edition of Business Standard.
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This story is from the December 20, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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