The year 2024 proved to be a robust one for global financial markets, with the US leading the way in delivering stellar returns, according to a report by Axis Securities.
The Indian benchmark equity indices, BSE Sensex and NSE Nifty 50, witnessed a recovery from intra-day lows but ended the last trading session of 2024, near flatline on Tuesday.
Indian stock indices managed to keep the morning session gains intact till the session ended on Friday. Sensex closed at 78,699.07 points, up 226.59 points or 0.29 per cent, while Nifty closed at 23,813.40 points, up 63.20 points or 0.27 per cent.
His argument is that in a world where the flow of information can no longer be controlled some powers are trying to get control of the second and third order by controlling the kind of Data that is being released and controlling its authentication.
Indian stock markets tanked sharply on Thursday following the selling pressure in major markets around the globe after the US Fed showed signs of fewer rate cuts next year.
Stock indices in India slumped for the third straight session on Wednesday, with investors closely waiting for the Federal Reserve monetary policy decision slated to be announced later today.
Ministry of Finance posted on X, "The CPSE indices have outperformed the benchmark indices in the stock market during the past three years (07-10-21 to 07-1024)"
Indian stock markets started the fresh week on a cautious note on Monday, as both indices declined marginally during the opening session. The US Federal Reserve meeting is set to start on Tuesday, and markets around the globe are expecting a 25 basis points cut.