Indian stock market will be closed on December 25, 2024 (Christmas holiday).

1. Market Closure Dates:

Market will also remain closed on December 28 (Saturday) and December 29 (Sunday), part of the usual weekend break.

On December 25, major segments like capital markets, futures and options, and the Currency Derivatives Segment will be non-operational.

2. Segments Affected:

Commodity derivatives and electronic gold receipts (EGR) will also be halted on the MCX and NCDEX.

Trading will resume on January 1, 2025, marking the beginning of the new year for financial markets.

3. New Year Trading:

Sensex gained 498.58 points (+0.64%), closing at 78,540.17.

4. Stock Market Performance (Dec 23, 2024)

Nifty surged 165.95 points (+0.70%), closing at 23,753.45.

ITC, Tech Mahindra, HDFC Bank, Reliance Industries, IndusInd Bank, Titan, State Bank of India, ICICI Bank.

5. Top Gainers on December 23:

Zomato, Maruti, Nestle, HCL Tech, Bajaj Finserv, Tata Motors.

6. Top Laggards on December 23

The rupee settled at 85.11 against the US dollar, losing 7 paise.

7. Rupee Performance (December 23, 2024)

The rupee opened at 85.02 and reached a low of 85.13 before closing at 85.11.

High dollar demand and rising crude oil prices impacted the rupee.

8. Factors Affecting Rupee:

The dollar index is expected to remain elevated due to a slower-than-expected rate cut by the US Federal Reserve in 2025.

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