AFTER two months of intense selling pressure, domestic equity market staged a significant rally on Friday, with benchmark indices BSE Sensex and NSE Nifty 50 surging about 2.5% each—their highest single-day gain in nearly five months.
The Sensex soared over 2,000 points intraday, while the Nifty climbed more than 600 points as investors rushed to buy heavyweight stocks like Reliance, Infosys, TCS, and SBI.
Market experts attribute the rally to expectations of a BJP-led Mahayuti victory in the Maharashtra assembly election, with results for Maharashtra and Jharkhand set to be announced on Saturday. A recovery in Adani Group shares, which had plunged by up to 23% on Thursday following bribery allegations, also helped boost market sentiment.
Bu hikaye The New Indian Express dergisinin November 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 dergisinin November 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
Overt messaging undermines potential
When Samuthirakani appears on-screen as a film's protagonist, your mind automatically goes to a TED Talk with some renowned motivational speaker.
A DIRECT YET ENGAGING TALE OF RETRIBUTION
Early on in his \"man versus wild\" thriller Alangu, writer-director SP Sakthivel makes an effective storytelling decision of portraying his central character Dharman (Gunanidhi) as an ordinary man to gain our empathy for him.
Sounds of Chennai
As we prepare to wrap up 2024, CE rewinds the city's symphony, raw and chaotic, that plays on daily from every nook and cranny
Market mechanism debate: Article 6 key to emissions reduction
THE 29th United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, concluded amid widespread disappointment and criticism.
Olympic heartbreak and no net gain for badminton
The ever-reliable discipline for India, in terms of providing the thrill & medals at elite competitions, endured a difficult year with some of the top shuttlers struggling for form, writes Anmol Gurung. Missing out on a medal in Paris was a new low...
Six minutes of chaos for India
YASHASVI Jaiswal turned around and looked at Virat Kohli as Alex Carey took the bails off at the striker's end. Kohli indicated the fielder was near as the youngster gestured it was his call before shaking his head all the way to the dressing room here at the Melbourne Cricket Ground on Friday.
Madras High Court Clinch Top Prize
MADRAS High Court beat Allahabad High Court in the All India Lawyers Cricket tournament here on Thursday.
Osamu Suzuki, architect of India's automobile revolution, dies at 94
OSAMU SUZUKI, chairman of Suzuki Motor Corp (SMC), passed away from lymphoma on Wednesday, December 25, 2024, the company announced in a statement on Friday. He was 94.
RBI Allows UPI Access via Third-Party Payment Apps
The Reserve Bank on Friday allowed the popular unified payments interface (UPI) access to prepaid payment instruments (PPIs) through third-party applications, making it easier for users to link their digital wallets to UPI-enabled apps.
Manmohan Singh: The silent Prime Minister or a humane economist?
EXPECTATIONS of Dr Manmohan Singh, the trailblazer of India's new economic policy, is no more. Economists around the world remember him for his brilliance and humility, and predominantly for his role in opening up the state-controlled Indian economy, when he was appointed Finance Minister of India in 1991.
