Indian Stock Market on 13.12.24

KEY ECONOMIC INDICATORS

World economic indicators

Stocks
Change
๐Ÿ‡ฎ๐Ÿ‡ณ Nifty
+ 0.96%
๐Ÿ‡ฎ๐Ÿ‡ณ Sensex
+ 1.06%
๐Ÿ‡ฎ๐Ÿ‡ณ India VIX
- 1.54%
๐Ÿ‡บ๐Ÿ‡ธ S&P 500
+ 0.33%
๐Ÿ‡บ๐Ÿ‡ธ Nasdaq
+ 0.69%
๐Ÿ‡บ๐Ÿ‡ธ Dow Jones
- 0.05%
๐Ÿ‡ช๐Ÿ‡บ Euro Stoxx
+ 0.19%
๐Ÿ‡จ๐Ÿ‡ณ China A50
- 2.47%
๐Ÿ‡จ๐Ÿ‡ณ DJ Shanghai
- 2.11%
๐Ÿ‡ฌ๐Ÿ‡ง FTSE 100
- 0.31%
๐Ÿ‡ฏ๐Ÿ‡ต Nikkei 225
- 1.02%
๐Ÿ‡ฎ๐Ÿ‡ฉ IDX Composite
- 0.94%
๐Ÿ‡ธ๐Ÿ‡ฆ Tadawul All Share
- 0.41%

Top Gainers on Indian Stock Market

Stocks
Change
Tech Mahindra
+ 1.67%
Bharti Airtel
+ 1.56%
Indusind Bank
+ 1.31%
Infosys
+ 0.92%
Tata Consultancy Services
+ 0.66%

Top Losers on Indian Stock Market

Stocks
Change
Steel Authority of India
- 5.24%
Indian Overseas Bank
- 4.65%
Glenmark Pharmaceuticals
- 4.63%
NMDC
- 4.53%
UCO Bank
- 4.36%

TOP NEWS

OVERVIEW

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.

In terms of sectoral movements, FMCG, private banks, and consumer durables posted gains, while media, metal, and pharma sectors lagged.

The rupee closed at 84.7875 against the U.S. dollar, reflecting a 0.1% weekly decline. The currency faced pressure from sustained dollar demand in the non-deliverable forwards market, compounded by a weaker Chinese yuan.

Oil prices held steady on Friday, December 13, with both Brent crude and U.S. West Texas Intermediate (WTI) crude showing modest increases. Gold prices edged higher on Friday, December 13, and were set for a weekly gain. Silver stayed steady at $30.94 per ounce.

The US stock markets showed mixed results on Thursday, December 13, as investors awaited key economic data ahead of the Federal Reserve’s December 17-18 meeting.

European stock markets edged lower on Friday, with investors cautious about the economic outlook and the pace of monetary easing in the euro zone for the upcoming year.

The UKโ€™s FTSE 100 saw some positive movement, as the pound weakened after UK GDP data revealed that the economy shrank for the second consecutive month in October.

Proudly powered by WordPress | Theme : News Elementor by BlazeThemes