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Stock Market LIVE Updates: GIFT Nifty signals lower open for India markets; Asian markets decline

Business Standard LogoBusiness Standard11h ago

Stock Market LIVE Updates: GIFT Nifty signals lower open for India markets; Asian markets decline - Business Standard

Quick Summary:

Since their recent lows on November 21, the benchmark Nifty 50 has risen by 6.1 per cent, the broader Nifty Midcap 100 has climbed 8.5 per cent, and the Nifty Smallcap 100 has surged 10.3 per cent.

Midcap funds have seen a steady increase in new investment accounts, or folios, for the past six months.  With 2024 drawing to a close, Anish Tawakley, co-chief investment officer for equity at ICICI Prudential Asset Management Company, spoke with Business Standard about what Donald Trump’s inauguration in January 2025 will bring to the global financial markets, and the opportunities and key risks for the markets in the year ahead.  Benchmark equity indices ended in positive territory on Friday.

Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 07:37:49 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1345 words

Reading Time: 8 minutes read

Sentences: 53 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24424460

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 240 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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