Category: Market review

Monday’s market action? Not the most thrilling. Back home, India wasn’t immune to the global market jitters.

The Indian stock market ended on a high note this Friday, December 27, with both the Sensex and Nifty 50 gaining ground.

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.