Unlocking Success: US Fed Policy, FII Inflows & Global Cues Propel Nifty Towards a Historic 25,000 Milestone!

The Indian stock market experienced a notable rebound, marking its fourth consecutive weekly gain despite ongoing volatility. This recovery is attributed to improving global and domestic sentiments, alongside easing inflation. The week’s highlights include strong performances from Sensex and Nifty 50, advanced by bargain hunting in telecommunication, tech, and consumer durable sectors. Sensex increased by 623.07 points (0.76%), while Nifty rose by 90.5 points (0.36%). The midcap index closed positively, contrasting with a slight dip in the small-cap index.

Investor focus shifts to key events, such as the US Federal Reserve’s potential interest rate cut, alongside global and domestic macroeconomic data, and foreign fund flows. In December, foreign portfolio investors returned as net buyers, bolstering the market, while domestic institutional investors continued to support gains with investments.

Upcoming events also encompass significant IPO activities and listings, adding potential market volatility. Meanwhile, geopolitical tensions and global market trends, including oil prices and US bond yields, remain crucial influencers. Technical analysis suggests a ‘buy on dips’ strategy, particularly favoring IT and banking stocks. As Nifty approaches the 25,000 milestone, traders are advised to remain vigilant in navigating volatility.

Original Source: https://www.livemint.com/market/stock-market-news/week-ahead-us-fed-policy-fii-inflows-crude-oil-prices-global-cues-among-key-market-triggers-as-nifty-eyes-25000-11734196112453.html
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Publish Date: 2024-12-16 07:30:00