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 Sensex surged by 498.58 points, settling at 78,540.17, while the Nifty rose by 165.95 points, closing at 23,753.45. The rally was supported by broad-based buying, although market experts suggest that the short-term outlook may remain cautious.
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.
The institutional flow in the Indian equity markets will remain a driving force in the calendar year 2025, as it witnessed robust institutional flows of nearly Rs 4 lakh crore in 2024, the ICICI Securities anticipated.
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