S a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.
What was not anticipated though was a fresh indictment with legal implications on the Adani group by the US SEC. The Foreign Institutional Investors (FIIs) who were already nervous about the rich valuations of Indian stocks and had already commenced profit-booking, then started selling even more aggressively leading to a 10% correction in the key indices.
The silver lining here was that an overheated market let off steam and there were value picks available for the taking among the lot of shares whose prices got hammered down during the selling spree.
Bu hikaye The New Indian Express Bengaluru dergisinin December 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The New Indian Express Bengaluru dergisinin December 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Electric magic carpet
This two-wheeler EV manufacturer comes up with its latest weapon to challenge legacy manufacturers
The Colour Of Love
Janavi's latest edit weaves Pantone's Mocha Mousse and the luxury of cashmere into pieces that feel like a warm embrace
India's Smartphone Market Set To Cross $50 Billion In 2025
APPLE & SAMSUNG LEAD
Paid subscriptions soar, but still OpenAI loses money!
OpenAI CEO Sam Altman recently shared a surprising admission on X (formerly Twitter) about the company's financial difficulties surrounding ChatGPT Pro subscriptions.
Fielding holding Shafali back from returning to side?
WITH the series against Ireland starting soon, a source close to BCCI has said that it is up to the team management and players to make the most of the chances they are given.
New age of AI brings urgency to enterprise reinvention
S artificial intelligence diffusion accelerates across the enterprise and society at a rate that is faster than any prior technology, 69% of executives believe it brings new urgency to reinvention and how technology systems and the processes it enables are designed, built and operated.
ISL: Sting in tail for Chennaiyin FC in draw against Odisha
ODISHA FC scored an injury-time goal to snatch a point against Chennaiyin FC in the Indian Super League here on Thursday.
Boxers Shiva, Sachin shine
REIGNING champion Shiva Thapa began his title defence with a commanding win over Enayat Khan in welterweight (60-65kg) category at the 8th Elite Men's National Boxing Championship here on Thursday.
Jigsaw puzzle for selectors ahead of CT
Focus shifts to England series including 5 T20Is & 3 ODIs with latter taking prominence thanks to proximity of ICC event
Defending champ Sinner opens against Jarry
JANNIK Sinner was drawn on Thursday against big-hitting Nicolas Jarry to start his Australian Open defence while Novak Djokovic is on a collision course to meet Carlos Alcaraz in the quarter-finals.
