Thu, Feb 1, 2024 1:41 PM
MC Budex pares morning gains as some disappointments seep in post Budget
A Flip by Shubhangi Gupta
U.S. stock index futures inched up on Monday as a last-minute government funding bill averted a shutdown, while optimism about cooling inflation started the holiday-shortened week on a positive note. However, a cooler-than-expected inflation report on Friday eased some worries about interest-rate cuts next year, helping the three main U.S. stock indexes to bounce back.
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Tractors and pick & carry crane manufacturer Indo Farm Equipment will open its IPO subscription on December 31. This will be the last public issue of the current month as well as of the current year. The issue will close on January 2, while the share allotment will be finalised by January 3, and the trading in Indo Farm shares will commence on the bourses effective January 7.
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Indian equity markets showed resilience in 2024, despite challenges, with Nifty 50 and Sensex delivering 9% and 8.5% returns, respectively. Despite a difficult Q4, experts highlight lessons from 2024, including patience, diversification, and focus on fundamentals, while identifying risks for 2025, such as high valuations, geopolitical and economic risks, sectoral headwinds, and global factors.
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