Stock market today: Nifty 50, Sensex close flat, wrap 2024 with modest gains; mid, small-caps outperform
Live MintStock market today: Despite a plethora of headwinds, such as weak quarterly earnings, foreign capital outflow, geopolitical uncertainty, weak prospects of a substantial rate cut by the US Fed, and concerns over Donald Trump's tariff policies, Indian stock market benchmarks—the Sensex and the Nifty 50—ended the calendar year 2024 with modest gains. On the last day of the year, December 31, the Sensex closed 109 points, or 0.14 per cent, down at 78,139.01, while the Nifty 50 settled at 23,644.80, down 0.10 per cent. Mid and small-cap indices outperformed as the BSE Midcap index climbed 0.13 per cent while the BSE Smallcap index rose 0.71 per cent. With a gain of 1.06 per cent, the Nifty Oil and Gas index ended as the top gainer among sectoral indices.