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
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