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Volatility to stay in stock markets due to geopolitical tensions
Orissa POST
|May 04, 2025
Benchmark indices ended with marginal gains in a highly volatile session May 2 and volatility is expected to stay elevated due to ongoing geopolitical tensions, developments related to tariffs, and the unfolding Q4 earnings season and major US economic data points, analysts said Saturday.
The Nifty Friday opened strong and surged to an intraday high of 24,589 in the first half of the session. However, profit booking at higher levels erased those gains, leaving the index to close nearly flat.
‘The Nifty finished the day up 12.50 points, or 0.05 per cent, at 24,346.70.
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