Moneycontrol PRO
Outskill Genai
X

business

Live: How will Nifty begin the first day of 2025? | Auto stocks in focus | Opening Bell

Benchmark indices staged a smart comeback from day's lows and ended flat in the red in the last session. Since it was the final trading day of 2024, Nifty and Sensex posted 8 percent gain last in the overall year. January month is typically a seasonally weak one and market participants will watch out macro data, auto sales figures, Q3 results from India Inc, among others. Experts now eye Nifty resistance at 23,900 and support placed around 23,500. This morning, majority of markets are closed on account of New Year's holiday. Overnight, the US markets closed on a negative note. Among stocks in focus, watch out for Auto stocks, Thomas Cook, and Kalpataru Projects. Catch Lovisha Darad in conversation with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives). Axis Securities and Kranthi Bathini - Equity Strategist at WealthMills Securities.

first published: Jan 1, 2025 08:49 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347