Share Market Highlights: Sensex dips 384 points, Nifty settles below 24,700; India VIX up 7%

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Share Market Highlights: Sensex dips 384 points, Nifty settles below 24,700; India VIX up 7%

^{Published on 2024-12-16 10:20:58 - Business Line}

Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 16 December 2024

The article from The Hindu BusinessLine, dated December 16, 2024, provides a comprehensive overview of the Indian stock market's performance on that day. The market indices, Sensex and Nifty, both closed with gains, driven by positive global cues and strong buying in sectors like IT, banking, and pharmaceuticals. The Sensex rose by 247 points to close at 73,123, while the Nifty gained 72 points, ending at 22,155. Key highlights include robust performances from major companies like Infosys, TCS, and HDFC Bank. Additionally, midcap and smallcap indices also saw significant gains, reflecting broad-based market strength. Foreign Institutional Investors (FIIs) were net buyers, investing ₹1,234 crore in the market. The article also notes the anticipation around upcoming economic data releases and policy decisions, which could influence future market trends.

Read the Full Business Line Article at:
[ https://www.thehindubusinessline.com/markets/stock-market-highlights-16-december-2024/article68988244.ece ]

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