Bond yields inch higher
Financial Express Bengaluru|December 28, 2024
INDICES ROSE ON Friday to log gains in a holiday-thinned week, led by auto stocks after last week's sharp drop made valuations relatively more attractive. The Nifty rose 0.27% to end at 23,813.4, while the Sensex added 0.29% to 78,699.07.
DHARAMRAJ DHUTIA

Both benchmarks gained about 1% each this week, after a 5% slide last week, the most in 30 months, as the US Federal Reserve's projection of fewer rate cuts in 2025 tarnished the appeal for emerging markets.

"The latest drop in markets has cooled valuations in large-caps and the dip in the markets has been met with buying activity," Motilal Oswal Wealth Management said in a note.

This story is from the December 28, 2024 edition of Financial Express Bengaluru.

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This story is from the December 28, 2024 edition of Financial Express Bengaluru.

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