Odisha Braces for Heavy Rain // BSE TECk beats Nifty
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 Published On Sep 24, 2024

The India Meteorological Department (IMD) on Tuesday stated that Odisha is expected to experience heavy rainfall in most areas across 20 districts over the coming days due to a low-pressure system over the Bay of Bengal.
The weather office has predicted intense rainfall ranging from 7 to 11 cm, along with thunderstorms and lightning in isolated parts of these 20 districts on Wednesday. "A low-pressure area has developed over the west-central Bay of Bengal, near the northern coastlines of Andhra Pradesh and southern Odisha, due to a cyclonic circulation over the central Bay of Bengal," the IMD mentioned in its bulletin.
According to a report by Motilal Oswal Asset Management Company (AMC), the BSE TECk index has delivered impressive returns of 25.3% in the first eight months of 2024. The index has maintained strong growth, outpacing major indices such as the Nifty 50, which recorded 13.03% returns, and the Nifty 500, which achieved 17.18% returns in the same timeframe.

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