New Delhi, December 22 (Udaipur Kiran) – The stock market continued its upward trend on Monday, marking the second consecutive session of gains. The BSE Sensex rose by 638.12 points, while the NSE Nifty closed above the 26,000 level.
The Bombay Stock Exchange (BSE) Sensex increased by 0.75 percent to close at 85,567.48 points. During the trading session, the Sensex touched a high of 671.97 points. The National Stock Exchange (NSE) Nifty climbed 206 points or 0.79 percent to settle at 26,172.40.
Among the 30 stocks comprising the Sensex, shares of Trent, Infosys, Bharti Airtel, Tech Mahindra, Bharat Electronics, and Maruti Suzuki India were the top gainers. On the other hand, Indian State Bank, Kotak Mahindra Bank, Larsen & Toubro, and Titan were among the stocks that declined.
Economic analysts noted that strong liquidity and positive global cues supported the Indian market’s year-end rally. Foreign institutional investors’ capital inflows and expectations of further policy rate cuts by the US Federal Reserve boosted investor sentiment, keeping the market on an upward trajectory.
Other Asian markets also showed gains, with South Korea’s KOSPI, Japan’s Nikkei, China’s Shanghai Composite, and Hong Kong’s Hang Seng all closing higher. European markets showed mixed trends. Additionally, the global oil benchmark Brent crude rose by 0.86 percent to $60.99 per barrel.
On the previous trading day, Friday, the BSE Sensex closed with a gain of 447.55 points or 0.53 percent at 84,929.36, while the NSE Nifty rose by 150.85 points to end at 25,966.40.
(Udaipur Kiran)
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.