2 days Ago By Avijit Ghosal
The stock markets broad indices Sensex and Nifty kept declined in morning trade on December 31, 2024. On Monday, December 30 Sensex settled at 78,248.13 points, registering a decline of 450.
94 points, while Nifty went down 168.50 points and settled at 23,644.90.
As trading began on December 31, 2024, the Sensex dipped 256.56 points (or 0.34% and was trading at 77,982.
57 points. On the other hand, Nifty was trading at 23,561.60 points after going down 83.
30 points (or 0.35%). Both indices showed a declining trend.
By 9:30 am the level of decline reached 418.59 points or 0.53%, when Sensex touched 77,829.
54 points. Nifty reached 23,553.85 after declining 91.
05 points. According to analysts, the stocks that could be in focus on December 31 are Adani Enterprises, Reliance Industries (RIL), Lupin, Adani Green Energy, ITC and Hindalco. Experts have already said that in the absence of clear domestic cues, the market this week can be dominated by global cues such as the inflow or outflow of FII investment, the strength of the dollar vis-a-vis the Indian rupee, global crude oil prices.
On December 30 at the end of the day’s trade, Sensex settled at 78,248.13 points, registering a decline of 450.94 points (or 0.
57%). On the other hand, Nifty went down 168.50 points (or 0.
71%) to settle at 23,644.90. Most sectoral indices ended the day in the red.
Top gainers were Adani Enterprises, Tech Mahindra, HCL Technologies and IndusInd Bank. Top losers were Hindalco, Tata Motors, Trent and BEL. Click for more latest Markets news .
Also get top headlines and latest news from India and around the world at News9. Avijit Ghosal has been writing on topics of business, industry and investment for the past three decades. He also writes on the broad economy, infrastructure and issues in banking.
He has worked for economic dailies such as the Business Standard, The Economic Times, business magazines such as Business Today, English broadsheet the Hindustan Times and Bengali daily Anandabazar Patrika before joining TV9 Network..
