Share Market News / The market opened in the green on the first day of the new year, good growth in stocks

Share Market News: The Indian stock market kicked off the first trading day of 2025 with a positive trend. However, the BSE Sensex witnessed some volatility in early trading. The Sensex is trading 99.38 points higher at 78,251.76, while the NSE Nifty is up by 20.55 points, standing at 23,665.35.

Top Gainers and Losers

Gainers:

• Sun Pharma
• Asian Paints
• Tech Mahindra
• HCL Tech

Losers:

• Nestlé
• IndusInd Bank
• ICICI Bank
• Axis Bank

How Did the Market Fare on the Last Day of 2024?

On the final trading day of 2024, the stock market witnessed a minor decline.

• Sensex: Closed 109.12 points lower at 78,139.01.
• Nifty: Ended nearly flat, down by just 0.10 points at 23,644.80.

2024: A Profitable Year for Investors

The Indian stock market delivered impressive returns to investors in 2024.

• Total Wealth Growth: ₹77.66 lakh crore
• Sensex Growth: Over 8%

This year was marked by fluctuations, with a tug-of-war between bulls and bears.

Key Milestone:

On April 8, 2024, the market capitalization of companies listed on the BSE surpassed ₹400 lakh crore for the first time.

Major Challenges:

• Selling pressure from Foreign Institutional Investors (FIIs)
• Global uncertainties following the U.S. presidential elections
• Rising inflation

October 2024 Decline

October saw a sharp correction, with the Sensex dropping by 4,910.72 points (5.82%). Despite this setback, the Indian markets recovered strongly, ending the year on a robust note.

Expectations for 2025

The year 2025 holds promise for stability and growth in the Indian stock market. Supported by domestic and global economic recovery, policy stability, and positive investor sentiment, the market is poised for further advancements.