Category: Market review

The Indian stock market had a rather uneventful Thursday, closing almost flat as the year-end lull set in.

Indian markets closed a bit lower today, after a relief rally helped break a five-day losing streak in the previous session.

Monday’s market activity painted a picture of cautious optimism, driven by a glimmer of hope that the U.S. inflation reading might encourage more relaxed policies in the year ahead.

After a four-week winning streak, the Indian stock market hit a sharp pause last week, with the bears taking over and sending key indices tumbling

Most sectors mirrored Wall Street’s gloom, with banking, IT, and capital goods stocks taking the brunt. Meanwhile, healthcare stocks provided a rare glimmer of green amid a sea of red.

As the trading week approaches its end, all eyes remain on the Fed’s policy announcements, which could set the tone for global markets, including India. For now, the mood remains bearish, with investors opting to stay on the sidelines.

Indian equity markets continued their downward trajectory on Tuesday, December 17, with major indices Sensex and Nifty50 both experiencing significant losses. The Sensex dropped 1,064.12 points to 80,684.45, and Nifty lost 348 points, settling at 24,320.30. In intraday trading, both indices hit lows, with Sensex shedding 1.4% and Nifty falling by 1.5%.

The market’s attention now turns to key data and decisions this week, with the US Federal Reserve’s rate decision and important economic indicators expected to influence global market movements.

Indian stock markets reversed early losses on Friday, December 13, and ended the day on a strong note.The Sensex jumped 843.16 points, or 1.04%, to finish at 81,289.96. Meanwhile, the Nifty gained 219.60 points, or 0.89%, finishing at 24,768.30 points. With India’s retail inflation easing to 5.48% in November, falling within the Reserve Bank of India’s comfort zone, the economic backdrop is looking favorable. More in this review

India’s economic indicators presented a mixed picture. CPI-based inflation eased to 5.48% in November, supported by better vegetable supplies. Meanwhile, industrial production hit a three-month high of 3.5% in October, fueled by a festive season boost in consumer goods and garment manufacturing. The Indian rupee faced a setback on Thursday, falling to an all-time low as continuous depreciation pressures and heightened demand for the U.S. dollar in the non-NDF market pulled it down. More in this review