💨 Abstract

Indian benchmark indexes opened subdued on January 1, 2025, with analysts predicting a sideways drift until the earnings season begins next week. The Nifty 50 and BSE Sensex dropped slightly, with ten out of thirteen major sectors experiencing losses. Bajaj Auto led the decline after a drop in December vehicle sales. Other Asian markets also saw minimal movement due to high U.S. Treasury yields.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖