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Thursday, January 2, 2025

Sensex jumps over 1,400 pts, best day in nearly 2 months

The sensex surged by 1,436 points, nearly reaching 80,000, driven by broad-based buying and short covering. Gains in banking, IT, auto and metal stocks also fuelled the rally amidst low foreign fund activity. Major contributors to the rise included Infosys, Reliance Industries, and Bajaj Finance, while Sun Pharma was the only laggard.

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France’s economic woes: Debt nears 122% of GDP, growth forecast at just 0.4%

France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceedin...