Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
KNOW LINEAR AND LATERAL THINKING
The New Indian Express Shivamogga
|December 23, 2024
As 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.
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 Shivamogga.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Shivamogga
The New Indian Express Shivamogga
Will intervene to ensure ISL is held: Centre to SC
THE Centre on Friday told the Supreme Court that it will intervene to ensure that the country’s premier football competition — the Indian Super League (ISL) — is held and players are not put to any disadvantage.
1 min
November 22, 2025
The New Indian Express Shivamogga
LEX HAS ALWAYS BEEN A FLEX
T is fashionable to say in India that we did long ago what the West is doing now—though not always with sufficient evidence.
3 mins
November 22, 2025
The New Indian Express Shivamogga
ED crackdown on coal mafia, raids 40 locations in J’khand and Beng
THE Enforcement Directorate (ED) on Friday conducted raids at more than 40 locations across Jharkhand and West Bengal as part of a major push against the coal mafia.
1 mins
November 22, 2025
The New Indian Express Shivamogga
Gave my best to nation, says Gavai in farewell speech
IN his farewell speech, Chief Justice BR Gavai said on Friday that he was leaving the institution “with a full sense of satisfaction and contentment.”
1 min
November 22, 2025
The New Indian Express Shivamogga
Chess WC: Semifinal ties in balance after Game 1
CHINA'S GM Wei Yi and Uzbekistan’s Nodirbek Yakubboev could not breach the defences of their respective opponents with white pieces as both the semifinals of the World Cup 2025 end in draws on Friday.
1 min
November 22, 2025
The New Indian Express Shivamogga
Diplomats talk culture business at Goa film fest
THE 56th edition of the International Film Festival of India (IFFI) on Friday served as a platform for the Centre to explore new pathways to advance bilateral audiovisual cooperation, with a focus on co-production opportunities, creativeeconomy growth, and deeper cultural exchange.
1 mins
November 22, 2025
The New Indian Express Shivamogga
Are tigers trying to reclaim their territory in Karnataka?
HERE has been a sudden spurt in tiger attacks on humans in Bandipur National Park and BRT Wildlife Sanctuaries in Chamrajanagar and Mysore districts of Karnataka.
3 mins
November 22, 2025
The New Indian Express Shivamogga
80-yr-old NRI's Doon land sold off, 27 booked
AN 80-year-old nonresident Indian (NRI) woman has discovered to her shock that her six bighas (5400 sq yards) of inherited land in Dehradun has not only been illegally occupied but also subdivided into plots and sold for crores of rupees while she was residing in the US.
1 mins
November 22, 2025
The New Indian Express Shivamogga
Women form 4.3% of jail population, but face systematic barriers: NCW
WOMEN constitute 4.3% of the prison population, but face systematic barriers, including overcrowded facilities, inadequate medical and mental-health services.
1 mins
November 22, 2025
The New Indian Express Shivamogga
Oppn slams BJP as kin of Maha ministers elected unopposed in local polls
OPPOSITION parties in Maharashtra are questioning how, in one local body election after another, relatives of BJP ministers are winning without any contest.
1 mins
November 22, 2025
Listen
Translate
Change font size