The Nifty 50 index opened at 23,796.90 with a marginal decline of 16.50 points or 0.07 per cent, while the BSE Sensex opened at 78,637.90 points with a decline of 61.17 points or 0.08 per cent.
As we are inching closer to the new calendar year and month, the market participants in the Indian stock market will closely watch auto sales data, foreign institutional investments (FIIs) flows and currency movement, the upcoming earnings season, the Union Budget, and the inauguration of
Indian stock markets remained closed on Wednesday due to the Christmas holiday. This was in line with many other major Asian markets, which also observed a holiday.
Despite the recent fall, Indian equity markets are on track to close 2024 with positive returns for the ninth consecutive year, marking the longest streak of annual gains on record, according to a report by Standard Chartered bank.
The women participation in stock markets surging with female accounts for nearly 1 investor in every 4 new investors in markets, says a report by State Bank of India.
Indian stock markets are expected to witness a subdued performance this week due to a holiday-truncated schedule and the absence of major economic data triggers, according to a report by SBI Securities
The participants in the market will be keenly monitor Foreign Institutional Investments (FIIs) flow trends, global market performance, and Initial Public Offering activities in the domestic markets for the direction, stated market analysts.