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Indian Stock Market Outlook for December 26, 2024: Nifty 50, Sensex to Open Higher

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  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 ...

Stocks Hitting 52-Week Lows on December 26, 2024

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  Stocks Hitting 52-Week Lows On December 26, 2024, several stocks hit their fresh 52-week lows , including Astral, Indiamart Intermesh, Asian Paints, P&G Hygiene & Healthcare, and Balaji Amines. As of 10:59 AM IST, the Nifty 50 index gained 12.8 points (0.05%), while the Sensex was down by 63.0 points (-0.08%). Meanwhile, the Bank Nifty was down by 13.45 points (-0.03%) at the same time. In other market movements, stocks like Shakti Pumps India, A2Z Infra Engineering, Newgen Software Technologies, Cartrade Tech, and TD Power Systems reached their fresh 52-week highs today. Among the top gainers in the BSE Sensex index were Bank of Baroda, Punjab National Bank, Canara Bank, Federal Bank, and State Bank of India. On the other hand, Au Small Finance Bank , IndusInd Bank , ICICI Bank , IDFC First Bank , and HDFC Bank were the top losers. The Bank Nifty index showed similar trends, with Bank of Baroda, Punjab National Bank, Canara Bank, Federal Bank, and State Bank of India ...