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2024’s Final Day: A Mixed Bag for Indian Stock Market
As 2024 ends, the Indian stock market shows mixed results. Some stocks are closing strong, while others are facing losses. Adani Enterprises is up today, boosted by good news on new projects. TCS is performing well with strong IT growth. Reliance Industries remains steady, thanks to its telecom and retail business. Bharti Airtel is gaining with excitement around 5G.On the flip side, ICICI Bank dropped due to concerns about rising interest rates. Hindustan Unilever fell after profit-taking. L&T declined after weak results in infrastructure. HDFC Ltd. dropped with worries about the housing sector. Market Outlook: The market ends 2024 cautiously, with some sectors doing well, but concerns about global issues and rising rates remain. Investors are hopeful but careful as they look ahead to 2025.2
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