The Gift Nifty traded positively in the early hours of December 30, 2024, reflecting a marginal gain of 12 points or 0.05%, at 23,983. This performance indicates a stable start to the trading session, following a day of gains in the Indian equity markets on December 27, where the Nifty closed above the 23,800 mark.
The upward movement in Gift Nifty suggests optimism among traders, aligning with the positive sentiment in global and domestic markets. The index chart shows steady movement over the past few sessions, maintaining support near the 23,950-24,000 zone.
Key Market Highlights:
- Previous Close: Nifty ended the December 27 session at 23,813.40, up by 0.27%.
- Global Cues: Stable cues from international markets appear to support the Gift Nifty’s movement.
- Outlook: Traders are eyeing global macroeconomic data and domestic corporate developments for direction as markets approach the year-end.
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