Indian Stock Market Outlook for December 26, 2024: Nifty 50, Sensex to Open Higher
Nifty 50 formed a small red candle on the daily chart beside the similar positive candle The Indian stock market’s benchmark indices, Sensex and Nifty 50 , are expected to open higher on Thursday, December 26, 2024, driven by positive signals from Asian markets. However, many global equity markets remain closed today due to holidays. The trends on Gift Nifty indicate a positive start for the Indian market, with Gift Nifty trading at around the 23,800 level, a premium of approximately 30 points over the Nifty futures’ previous close. However, there is some caution as trends also suggest a modest start with Gift Nifty trading around the 19,440 level, reflecting a discount of about 30 points from the Nifty futures’ last close. On December 25, 2024 , both Indian and major global markets were shut for the Christmas holiday. In the last trading session on December 24, 2024 , the domestic equity markets ended in a choppy session with marginal losses. The Sensex fell 0.09%, closing ...