The year 2024 proved to be a robust one for global financial markets, with the US leading the way in delivering stellar returns, according to a report by Axis Securities.
The Indian stock markets, in the first trading session of the year 2025, opened marginally higher on Wednesday, despite most global markets being closed for New Year celebrations.
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
Amid ongoing volatility in the stock markets, over 35 lakh new investors have joined the stock markets in November, according to a report by the National Stock Exchange (NSE).
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 Nifty 50 index opened at 23,769.10 points with a marginal gain of 15.65 points or 0.07 per cent, while the BSE Sensex opened at 78,707.37 points, gaining 167.20 points or 0.21 per cent.