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2024-12-28 11:25:35| The Economic Times

The European Central Bank may delay its next interest rate cut due to a recent increase in inflation, which accelerated to 2.2% in November from 2.0% in October, surpassing the ECB's target of 2%. Governing Council member Robert Holzmann cites rising energy prices and potential euro devaluation as contributing factors.

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2024-12-28 11:13:29| The Economic Times

FII equity selling in India continued in December, but at a slower pace. While they net sold Rs 656 crore through exchanges, FIIs invested Rs 17,331 crore in the primary market. This highlights their focus on long-term opportunities despite short-term concerns. FIIs have also heavily invested in the Indian debt market.

Category: News and Media

2024-12-28 09:20:12| The Economic Times

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

Category: News and Media

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