The Sensex slipped 116 points (0.14%) and the Nifty fell 35 points (0.13%) on December 24 as investors took profits from heavyweight names like Reliance and ICICI Bank.
Market Overview
Both major indexes ended the day with small losses, and the broader BSE‑midcap and small‑cap indices also dipped. Total market‑cap fell just below ₹475 lakh crore.
Top Gainers in the Nifty 50
- Trent (+2.26%)
- Shriram Finance (+1.69%)
- Apollo Hospitals Enterprise (+1.46%)
Top Losers in the Nifty 50
- InterGlobe Aviation (‑1.55%)
- Adani Enterprises (‑1.37%)
- Dr. Reddy’s Laboratories (‑1.28%)
Sector Performance
Most sectors were down. Only Media (+0.44%), Realty (+0.17%) and Metal (+0.15%) closed higher. Oil & Gas, Pharma and IT were among the biggest laggards.
Most Traded Stocks (by volume)
- Vodafone Idea – 60.65 crore shares
- Groww – 15.6 crore shares
- Tata Mutual Fund – Tata Silver ETF – 11.2 crore shares
Stocks that Jumped Over 15% on the BSE
- Team Productions HQ
- Modi Rubber
- Oval Projects Engineering
Advance‑Decline Summary
Out of 4,332 stocks traded, 1,841 advanced and 2,346 fell, while 145 were unchanged.
52‑Week Highs and Lows
115 stocks touched 52‑week highs, including Vedanta, Shriram Finance, Hindalco Industries, and Eicher Motors. 102 stocks hit 52‑week lows, such as ACC, Raymond, and Mrs. Bectors Food Specialities.
Technical Outlook for Nifty
Analysts see 26,250 as a key resistance level. A break above could push the index toward 26,350‑26,400. Support is expected around 26,100‑26,050; a fall below may test the 26,000 mark.
What This Means for Retail Investors
Profit‑taking is likely to continue until companies report December‑quarter earnings. Keep an eye on the support zones and consider staying cautious in sectors showing weakness.
Disclaimer
Remember, this is just an overview, not investment advice. Do your own research or consult a qualified advisor before making any decisions.