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Consumers confidence in the economy was shaken in December as Americans grow anxious about high prices and the impact of President Donald Trump’s sweeping tariffs.
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Indian markets closed flat as IT stocks slipped and foreign investors sold, halting a short rally. Analysts see improving technical momentum in Nifty after a breakout, favouring buy-on-dips amid mixed global cues and cautious year-end positioning.
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Novo Nordisk shares jumped 10% on Tuesday after the U.S. Food ⁠and Drug Administration approved its weight-loss pill, giving the Danish drugmaker a competitive edge over rival Eli Lilly in the fast-evolving market for obesity drugs.
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