Balakrishna’s ‘Akhanda’ grosses $500000 in the US

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Balakrishna Akhanda grosses
Balakrishna Akhanda grosses

Hyderabad, Dec 4 | Balakrishna’s ‘Akhanda’ grosses $500000 in the US. Telugu star Balakrishna ‘Akhanda’ hit the screens on Thursday and the movie has already grossed $500,000 in the US, as it registered record openings.

‘Akhanda’ has already surpassed the $500,000 milestone in the US, within a couple of days of release. Trade analysts believe the movie will enter the $1 million club overseas, as the weekend will see more people watching the movie at the theatres.

Analysts believe the word of mouth has had a great impact on the movie collections, while the audience also celebrated the first big release of a Telugu movie post the second wave of the pandemic.

Domestically, the Andhra Pradesh and Telangana areas show record collections for ‘Akhanda’s box office. The third-day collections are also growing stronger.

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Balakrishna’s action scenes and S.S. Thaman’s thumping music are seen as contributing to the movie’s success.

Pragya Jaiswal, Srikanth, and others appear in lead roles in ‘Akhanda’ while Balakrishna plays a multi-layered role.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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