Stock market closes near flatline in year-end; Nifty ends above 23,650
1 week, 1 day ago

Stock market closes near flatline in year-end; Nifty ends above 23,650

Live Mint  

Mumbai, : The Indian benchmark equity indices, BSE Sensex and NSE Nifty 50, witnessed a recovery from intra-day lows but ended the last trading session of 2024 near flatline on Tuesday. The BSE Sensex dropped to a low of 77,561, reflecting global market weaknesses, but rebounded to a high of 78,248 before closing at 78,139, down 0.14 per cent or 109 points. The Nifty 50 posted an 8.8 per cent gain, marking the 9th consecutive year of growth, with a cumulative rise of approximately 200 per cent over this period. Oil prices edged higher, with Brent crude and WTI rising 0.8 per cent, but both benchmarks are on track to close lower for the second consecutive year.

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