Stock Market Ends 2024 on a Volatile Note Amid Global Uncertainties
Sensex and Nifty ended lower on the last day of 2024 due to foreign fund outflows and global market trends. In 2024, Sensex and Nifty saw significant growth, despite market volatility. Stock market investors saw substantial gains, but global economic factors continue to pressure domestic markets.
- Country:
- India
On the final trading day of 2024, India's key stock indices, Sensex and Nifty, concluded with slight declines, influenced by persistent foreign fund outflows and weak global market trends.
Throughout the year, despite this volatility, Sensex witnessed a remarkable rise of over 8%, and Nifty surged nearly 9%, making it a successful year for investors despite recent setbacks.
Looking forward, analysts suggest that the domestic market focus will pivot towards Q3 results and the Union Budget for future guidance amidst continuing global uncertainties and economic indicators like the strengthening US dollar and bond yields.
(With inputs from agencies.)
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