ru24.pro
News in English
Декабрь
2024

Stock Market Live Updates 13 December 2024: Sensex, Nifty brace for gap-down opening amid global uncertainty and investor caution

0
Share Market Live Updates 13 December 2024: As markets prepare for a gap-down opening on Friday, analysts predict continued shallow trading due to a lack of investor confidence influenced by global uncertainties, including rising US bond yields and ongoing conflicts in the Middle East. While India’s November inflation rate fell to 5.48, lower than expected, the persistence of high food inflation presents ongoing concerns. Economic data reflects mixed signals, with industrial output meeting expectations at 3.5%. Analysts emphasize the importance of sector and stock rotation in supporting benchmark indices, despite the challenging economic landscape. Looking ahead, thoughts of potential interest rate adjustments linger, contingent on forthcoming data and market dynamics.