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Story perspectives

Global Markets Rally Amid Geopolitical Tensions and Tech Surge

1/2/2025

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Story summary
  • In 2024, geopolitical tensions impacted global markets, yet MSCI's stock gauge rose by 16%, fueled by US tech firms.
  • Bitcoin experienced a remarkable surge of over 120%, and gold gained 27%, its highest increase in 14 years.
  • Indian markets began positively on January 1 but showed signs of a negative start for January 2 amid mixed Asian equities.
  • On January 1, foreign investors sold Rs 1,782 crore in equities, while domestic investors purchased Rs 1,690 crore.