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.
This story is from the December 23, 2024 edition of The New Indian Express Kottayam.
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 23, 2024 edition of The New Indian Express Kottayam.
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
Maha Kumbh Goes Global, Will Have Its Presence in Spain, Germany Fairs
IN order to position Uttar Pradesh as a leading tourist destination on the global map, Yogi Adityanath government has planned to showcase the state's tourism offerings at the International Tourism Trade Fairs in Madrid in Spain and Berlin in Germany.
TESTING TIMES FOR THE SKIPPER
It's fascinating to attend Rohit Sharma's press conferences. There is a sprinkling of humour, some wit; usually the answers are straightforward and as gripping as his batting in full flow.
Centre's olive branch on perishable agri products
UNION Minister of Agriculture and Farmers Welfare, and Rural Development Shivraj Singh Chouhan said the Centre is ready to bear the cost of transportation and storage of perishable agri-commodities like tomato, onion and potato (TOP) to bridge the price gap between the producing and consuming states.
Ministries to be allotted space in new secretariat buildings by January end
Central vista project All central govt ministries and departments to move into 10 CCS buildings coming up along the Kartavya Path
Send a trolley from each village to stir site: Dallewal
FASTING farmer leader Jagjit Singh Dallewal on Saturday urged farmers to send one trolley from each Punjab village to the Khanauri border where the agitation seeking legally-guaranteed MSP (minimum support price) for crops and loan waiver for farmers continues.
PM hits out at Oppn over caste politics
Says his govt's policies have energised rural areas, but some forces are actively sowing 'poison' to disrupt harmony
Kharge takes 'matchstick' jibe at BJP over Manipur violence
AFTER fresh violence erupted in Manipur, the Congress on Saturday accused Prime Minister Narendra Modi of failing to uphold \"rajdharma\" and taking responsibility for the ongoing unrest.
India Bloc Allies May Move Separate Petitions on Places of Worship Act
The INDIA bloc parties, which include the Congress, Samajwadi Party (SP), Trinamool Congress (TMC), and the Left parties, may move the Supreme Court seeking the strict enforcement of the Places of Worship Act, 1991, which seeks to maintain the religious character of a place as it existed on August 15, 1947.
The Growing Need to Regulate Crypto
One of the biggest gainers of 2024 was cryptocurrency.
Devaluing Death of an Unsung Singh
When obituary becomes opprobrium, history takes a step back. The malicious mudslinging against Manmohan Singh, who passed away last week at 92, by political pygmies and self-serving sycophants exposed all that is wrong with Indian public life.
