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Mkt Snaps 6-Session Gains Over Profit Booking Ahead of Fed Chair Speech
August 23, 2025
|The New Indian Express Bhubaneswar
DOMESTIC equity market snapped a six-day winning streak and fell sharply on Friday as investors rushed to book profits ahead of US Federal Reserve Chair Jerome Powell's awaited speech at the Jackson Hole symposium, which will provide insights into the global liquidity outlook.
The BSE Sensex plunged 693.86 points or 0.85% to settle at 81,306.85, while the broader Nifty fell to 24,870.10, down 213.65 points or 0.85%. Before Friday's fall, the market registered a strong buying streak for 6 sessions, fueled by optimism over Goods and Services Tax (GST) reforms & S&P Global Ratings upgrade.
هذه القصة من طبعة August 23, 2025 من The New Indian Express Bhubaneswar.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
Former Union minister R K Singh among 3 Bihar BJP leaders suspended
A day after the results of recently-concluded Bihar Assembly elections were announced, BJP on Saturday initiated disciplinary action against its rebels. A former union minister, a member of legislative council and a mayor are among leaders against whom disciplinary action has been taken.
1 mins
November 16, 2025
The New Indian Express Bhubaneswar
A School of Thought
In Bengaluru, an educational space goes beyond textbooks and rote learning, blending ancient Indian values with modern thinking
2 mins
November 16, 2025
The New Indian Express Bhubaneswar
MAMDANI’S MULTITUDES, INDIA’S SOFT POWER
contain multitudes,” wrote Walt Whitman, and in Zohran Mamdani's story, those multitudes seem to acquire living form.
3 mins
November 16, 2025
The New Indian Express Bhubaneswar
SC will hear plea seeking to ensure no PG seats in med colleges remain vacant
THE Supreme Court is scheduled to hear on Monday a plea seeking direction to the National Medical Commission (NMC) to devise a mechanism so that no postgraduate seats go vacant in pre-clinical and para-clinical branches across colleges.
1 mins
November 16, 2025
The New Indian Express Bhubaneswar
BBC apology will not stop Trump's bn-dollar lawsuit
President says he will sue for up to USD 5 billion next week, accuses the news agency of cheating
2 mins
November 16, 2025
The New Indian Express Bhubaneswar
Winter rains flood camp in Gaza as UN weighs mandate for stabilisation force
DEIR AL-BALAH
2 mins
November 16, 2025
The New Indian Express Bhubaneswar
Samson to CSK, Jadeja RR dominate buzz; KKR brace for auction
THE trading window of the Indian Premier League has shown signs of maturity as the tournament has evolved over the years.
1 mins
November 16, 2025
The New Indian Express Bhubaneswar
US exempts agri products from import tariffs
US President Donald Trump on Friday announced to remove US tariffs on several commodities like beef, coffee, tropical fruits and others.
1 min
November 16, 2025
The New Indian Express Bhubaneswar
Lokpal paves way for CBI charge sheet against MP in cash-for-query case
THE Lokpal has granted its nod to the CBI to file a chargesheet against Trinamool Congress MP Mahua Moitra within four weeks for her involvement in a cash-for-query case.
1 min
November 16, 2025
The New Indian Express Bhubaneswar
Finding Light in Darkest Frames
Tannishtha Chatterjee talks about why indie films must be free from market forces and how she continues to have a positive view of life
3 mins
November 16, 2025
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