The Nifty 50 climbed 0.7% to 23,753.45 points, while the BSE Sensex gained 0.64% to 78,540.17, with both benchmarks snapping a five-session losing streak.
The Nifty and Sensex dropped about 5% last week, the worst since June 2022, hurt by the U.S. Federal Reserve's projection of two rate reductions in 2025 compared to four rate cuts earlier and sustained foreign selling amounting to $1.86 billion.
On the day, twelve of 13 major sectors advanced. Financials added 0.8%, led by HDFC Bank's 1.7% gain.
This story is from the December 24, 2024 edition of Hindustan Times Pune.
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This story is from the December 24, 2024 edition of Hindustan Times Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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