The profit booking took place as investors turned cautious ahead of the Q3FY25 earning seasons kicking off next week. Further, a weakening rupee and persistent selling by foreign institutional investors (FII) dented sentiments.
The 30-share Sensex declined 720.60 points or 0.90% to settle at 79,223 while the Nifty50 settled in the red at 24,004.75, with a loss of 183.90 points or 0.76%. On Thursday, the two indices had gained nearly 2% each.
This story is from the January 04, 2025 edition of The New Indian Express Sambalpur.
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 January 04, 2025 edition of The New Indian Express Sambalpur.
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
Real estate stocks bleed amid sales slowdown
REALTY stocks are under significant pressure amid the broader market sell-off. Over the past month, the Nifty Realty Index has declined sharply by around 20%, with a single-day drop of 4.56% on Wednesday.
Parakram Diwas: Honouring Netaji's legacy in the heart of Odisha's history
As the nation gears up to celebrate Parakram Diwas 2025, all roads lead to Cuttack, Odisha—birthplace of one of India's most indomitable leaders, Netaji Subhas Chandra Bose.
How the Bloc Is Chipping Away at Itself
Contradictions between INDIA partners have been coming to fore since the 2024 Lok Sabha results. The Congress can neither go it alone, nor wholeheartedly take others along
Presumptive tax benefit extended to non-resident cruise ship owners
THE government has notified presumptive tax for non-residents engaged in the business of operation of cruise ships.
ISL: Odisha FC fight back to sink 10-man Bengaluru FC
Odisha FC fought back to post a thrilling 3-2 win over Bengaluru FC in the Indian Super League in Bengaluru here on Wednesday.
Trump Takes Middle Ground on H-1B, Wants Bright Workers
DONALD Trump said he likes both sides of the argument on the H-1B foreign guest workers' visa, noting that the country needs \"very competent\" and \"great\" people which is possible through this visa programme.
DGP reviews preparedness of security forces, puts them on alert in 2 districts
ODISHA Police has beefed up security in the aftermath of the major anti-Maoist operation on Odisha-Chhattisgarh border where 14 Naxals were neutralised in the last two days.
Gram Sabha for Bijahan coal mine cancelled as villagers skip meeting
The Sundargarh administration's bid to take consent of locals for operation of Adani Group's Bijahan coal block in Hemgir block failed with the affected villagers refraining from participating in the Gram Sabha meeting on Wednesday.
UCO Bank Q3 net income grows 27%
KOLKATA-based public sector lender UCO Bank has reported 27% growth in net income at ₹638.83 crore in the December quarter, buoyed by better asset quality, better margins and higher interest income as it sold more credit.
In first meet, US flags irregular migration issue
Rubio's first bilateral meet of his tenure with Jaishankar indicates trajectory of India ties
