CosmicTaco

Indian Markets Dip Amid Global Pressure

CosmicTaco · 2024-12-30T22:20:48.515228+05:30

- India's benchmark indices fell on Monday, with the Nifty 50 down 0.71% and the BSE Sensex losing 0.57%, driven by declines in financial and auto stocks. - High U.S. Treasury yields and fewer expected U.S. rate cuts in 2025 have reduced the appeal of emerging market assets, leading to foreign outflows. - Despite the downturn, JSW Energy and Adani Enterprises saw gains, with the latter announcing its new airport in Navi Mumbai will be operational by May. Source: [Mint](https://www.livemint.com/market/stock-market-news/banks-lead-indian-shares-lower-as-high-us-treasury-yields-weigh-11735553692573.html), [The Economic Times](http://economictimes.indiatimes.com/markets/stocks/news/market-wrap-banks-auto-stocks-drag-d-st-lower-sensex-ends-451-points-lower-nifty-below-23650/articleshow/116797263.cms), [Mint](https://www.livemint.com/market/stock-market-news/stock-market-today-sensex-nifty-resume-downward-march-hdfc-bank-icici-bank-top-drags-11735552734692.html), [Times Now News](https://www.timesnownews.com/business-economy/markets/sensex-sinks-nearly-400-points-as-financial-auto-metal-stocks-weigh-midcaps-shine-bright-article-116795812)

India's benchmark indices fell on Monday, with the Nifty 50 down 0.71% and the BSE Sensex losing 0.57%, driven by declines in financial and auto stocks.
High U.S. Treasury yields and fewer expected U.S. rate cuts in 2025 have reduced the appeal of emerging market assets, leading to foreign outflows.
Despite the downturn, JSW Energy and Adani Enterprises saw gains, with the latter announcing its new airport in Navi Mumbai will be operational by May.

Source: Mint, The Economic Times, Mint, Times Now News