After opening more than 1,100 points lower at 79,029, the index initially recovered half the losses. However, consistent selling pressure pushed it down further, and it closed at 79,218.05, down 964.15 points or 1.20%. Similarly, the NSE's Nifty dropped 247.15 points or 1.02%, closing at 23,951.70.
This story is from the December 20, 2024 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of Financial Express Chennai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
EU escalates pressure on Apple to open up features to rival firms
CHANGING DYNAMICS OF WEARABLES INDUSTRY
Bollywood's investments in startups decrease sharply to $3.6 mn in 2024
INVESTMENTS BY BOLLYWOOD celebrities in startups came down sharply in the current calendar year to $3.6 million against $28.5 million last year, data shared by Tracxn showed.
Apple concedes smartwatch market leadership to Huawei
CHANGING DYNAMICS OF WEARABLES INDUSTRY
EU escalates pressure on Apple to open up features to rival firms
The EU’s European Commission has pressed Apple Inc. to further open up the iPhone operating system to rivals, prompting the company to complain about requests from Meta Platforms Inc. that it says will undermine privacy.
HDFC Securities sees Nifty rising up to 26,482 in a 'difficult' 2025
HDFC Securities expects 2025 to be a challenging year due to high valuations, but forecasts the Nifty 50 index to potentially reach 26,482 points. The brokerage firm also expressed concerns about the market reaction of younger and retail investors who have only experienced positive returns in recent years.
India-Pak ICC matches at neutral venues
THE DEADLOCK OVER the hosting of next year's Champions Trophy finally ended on Thursday when the ICC announced that India will play their matches of the 50-over event at a neutral venue instead of host country Pakistan, which will get a similar arrangement for tournaments to be held in India till 2027.
India's job market poised for 9% growth next year
HIRING ACTIVITIES IN 2025 are likely to witness a 9% growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.
Digital marketplace integration catalysing growth of MSME
MICRO, SMALL, AND Medium Enterprises (MSMEs) form the backbone of many economies, contributing significantly to employment, GDP, and inclusive growth. In recent years, the integration of these businesses with digital marketplaces has emerged as a transformative force, unlocking unprecedented opportunities for them.
MPs of ruling alliance, Oppn clash, 2 from BJP in hospital
THE WINTER SESSION of Parliament descended into chaos on its penultimate day when MPs of the NDA and the Opposition INDIA bloc, accusing each other of denigrating the name of BR Ambedkar, shoved and jostled with each other at the Makar Dwar, the main entrance to the building, resulting in injuries to two BJP MPs and complaints to police by the BJP and Congress, allegations and counter-allegations and petitions to the Speaker.
Fed's 2025 signal roils D-Street
THE SENSEX HAS lost 3.55%, or 2,915 points, in the last four trading sessions, eroding investment wealth of over ₹10 lakh crore (in three sessions).
