V-shaped recovery seen for indices
Financial Express Bengaluru|December 14, 2024
STRONG BUYING IN index heavyweights like telecom, IT, FMCG, and banking sectors fuelled Friday's rally. Experts attributed the recovery to a fall in retail inflation and rupee depreciation, among other factors.

STRONG BUYING IN index heavyweights like telecom, IT, FMCG, and banking sectors fuelled Friday's rally. Experts attributed the recovery to a fall in retail inflation and rupee depreciation, among other factors. In contrast, equity indices in China and Hong Kong fell by 2% each, while Japan and Indonesia declined nearly 1% each.

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