Diverse participants, including FPIs, are playing a key role in the growing activity within the NSE Commodity Derivatives market. #NSE #CrudeOil #KnowledgeSeries #Commodities #Futures #Options #Contracts @ashishchauhan pic.twitter.com/LxGWX2QcXt
— NSE India (@NSEIndia) December 27, 2024
The Indian stock market ended the week on a flat note, with the Nifty and Sensex closing nearly unchanged due to a lack of significant catalysts. Strong performances in sectors like banking and pharma helped offset declines in the IT sector. Mid and small-cap stocks also ended flat for the week.
What do you think the missing word in this week's #CompleteTheSentence is?#NSE #NSEIndia #StockMarket #Completethesentence #ShareMarket #InvestorProtection pic.twitter.com/br6g5JJztM
— NSE India (@NSEIndia) December 27, 2024
On Friday, the market closed with gains, driven by buying in pharma, auto, IT, financial services, FMCG, media, and private bank sectors on the Nifty. The Sensex ended at 78,699.07, up by 226.59 points or 0.29 percent, while the Nifty settled at 23,813.40, up by 63.20 points or 0.27 percent. The volatility index, India VIX, cooled by 5.68 percent to 13.24, indicating a drop in market volatility.
Hrishikesh Yedve of Asit C Mehta Investment Intermediates Ltd.
Markets remain flat amid varied performances
said, “On the downside, 23,500 remains a key support.
DAM Capital Advisors got listed on BSE.
Dharmesh Mehta, MD & CEO, DAM Capital Advisors Ltd., MV Nair, Chairperson and Independent Director, DAM Capital Advisors Ltd, Vallabh Bhanshali, Chairman, Enam Group, along with Kamala K, Chief Regulatory Officer, BSE rang the iconic BSE… pic.twitter.com/T0yHUgtxWQ
— BSE India (@BSEIndia) December 27, 2024
Stock market outlook: Auto sales data, record dates – Top cues to watch in New Year’s first weekhttps://t.co/jiQK3yvrZl
— ET NOW (@ETNOWlive) December 29, 2024
In the immediate term, Nifty is expected to consolidate between 23,500 and 23,900, with a breakout on either side defining its next move.”
Persistent concerns over FII outflows, the depreciating rupee, potential adverse tariffs, and reduced expectations for rate cuts in 2025 contributed to the muted market trend. Experts believe that uncertainty surrounding global economic policies and high valuations may impact the stock market in the short term, particularly in emerging markets. Investors are now focusing on the upcoming Q3 results, which will play a crucial role in shaping the market’s trajectory.
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd., said, “With no significant triggers in the near term, markets are likely to remain range-bound. Pre-quarterly business updates to be released in the first week of January 2025 will provide insights into the upcoming result season and would be keenly tracked by the markets.”
Market experts also indicate that attention is shifting to the US Federal Reserve’s upcoming interest rate decisions and possible changes in tariff policies under Donald Trump, once he takes office on January 20. The broader market trend remains positive, with the current correction viewed as a healthy adjustment within an ongoing uptrend, rather than an indication of a shift to a bearish phase.
