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Mkt Snaps 6-Session Gains Over Profit Booking Ahead of Fed Chair Speech
August 23, 2025
|The New Indian Express Hyderabad
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 Hyderabad.
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 Hyderabad
The New Indian Express Hyderabad
MNREGA gets new name, 125 days of employment
SETTING the stage for a major overhaul of the country’s flagship rural jobs scheme, the Union Cabinet on Friday approved the renaming of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) to Pujya Bapu Gramin Rozgar Yojana.
1 mins
December 13, 2025
The New Indian Express Hyderabad
Police post built with stones thrown at cops during Sambhal clash opens
A newly constructed police post was inaugurated on Friday, just 100 metres away from the residences of Samajwadi Party’s Sambhal MP Zia-ur-Rahman Barg.
1 mins
December 13, 2025
The New Indian Express Hyderabad
Ops to hunt terrorists in Jammu forests
AFTER a series of encounters and brief gunfights in the forest belts of Jammu region in the last six months, security forces have launched a major winter offensive to track down militants hiding in the dense and rugged forest areas.
1 min
December 13, 2025
The New Indian Express Hyderabad
ED raids in three states in illegal cough syrup case, UP action on big stockists
INa major crackdown on the illegal trade in codeine-based cough syrup, the Enforcement Directorate (ED) raided 25 locations across Jharkhand, Uttar Pradesh, and Gujarat on Friday.
1 min
December 13, 2025
The New Indian Express Hyderabad
CLIMATE SCIENCE IS NOT A HOAX, DON'T GAMBLE
SIR ROBERT WATSON'S BLUNT MESSAGE TO CLIMATE BLOCKERS
4 mins
December 13, 2025
The New Indian Express Hyderabad
Cabinet clears 100% FDI in insurance
THE Union Cabinet on Friday approved a proposal to raise the foreign direct investment (FDI) limit in insurance firms from 74% to 100%, and usher in a set of structural reforms to strengthen the sector.
1 min
December 13, 2025
The New Indian Express Hyderabad
Minister, scholar, LS speaker: Multi-faceted Shivraj Patil passes away
FORMER Union Home Minister Shivraj Patil Chakurkar passed away at 90 on Friday morning at his native Latur in Maharashtra after a brief illness.
1 mins
December 13, 2025
The New Indian Express Hyderabad
'Don't use tourist visa for purpose of giving birth': US warns Indian appliers
Indian nationals anxious with change in laws
1 min
December 13, 2025
The New Indian Express Hyderabad
OUTFOXING AI, FOR BETTER OR VERSE
A paper on ar Xiv by researchers at the Icaro Lab in Italy has set off a firestorm of headlines.
3 mins
December 13, 2025
The New Indian Express Hyderabad
MahaYuti stays united, seals Maha seat deal for BMC polls
THE BJP and the Eknath Shinde-led Shiv Sena are set to contest the Brihanmumbai Municipal Corporation (BMC) elections—scheduled for next month—unitedly.
1 min
December 13, 2025
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