27/12/24

 





On Friday, December 27, 2024, the Nifty 50 index closed at 23,813.40, marking a gain of approximately 0.27% from the previous close of 23,750.20.
Yahoo Finance

The market's upward movement was primarily driven by the auto and financial sectors. The Nifty Auto index advanced by 1.7%, with notable gains from Bajaj Auto and Tata Motors, each rising about 2.5%. This positive performance is attributed to attractive valuations and anticipated earnings growth in these sectors.

Reuters

In the financial sector, the Nifty Financial Services index gained 0.6%, reflecting investor interest in sectors with appealing valuations. Overall, 12 out of the 13 major sectors advanced during the session.

Reuters

Analysts suggest that, in the absence of significant market triggers near the year-end, markets are likely to trade near current levels. Investors are now looking forward to the December quarter earnings season, which is expected to influence the market's future trajectory.

Reuters

For detailed historical data on the Nifty 50's performance, including daily opening, high, low, and closing values, you can refer to Yahoo Finance. 


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