Reality check for indices
Financial Express Bengaluru|January 04, 2025
The domestic equity markets have been weighed down by slower economic growth, sluggish manufacturing activity, liquidity deficits in the interbank market, and a sharply depreciating Indian rupee against the US Dollar.

"THESE INCLUDED THE trajectory of official interest rates, the potential return of a Trump administration and uncertainties surrounding regional conflicts," said Joseph Thomas, Head of Research, Emkay Wealth Management.

"The market concluded the week on a pessimistic note as a sell-on-rally sentiment prevailed due to a strong US dollar, high valuations, and investors shifting towards a multi-asset strategy," said Vinod Nair, Head of Research, Geojit Financial Services.

This story is from the January 04, 2025 edition of Financial Express Bengaluru.

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This story is from the January 04, 2025 edition of Financial Express Bengaluru.

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