Market Outlook December 2024

Overview:
The market sentiment in November 2024 remained subdued, with Foreign Portfolio Investors (FPIs) withdrawing ₹26,000 crores, remaining net sellers since Sept 2024. This selling pressure weighed heavily on the market, with the Nifty index dipping to a low of 23,300 before finding technical support. However, the Maharashtra Assembly election results and record-breaking monthly SIP inflows of ₹25,000 crores provided much-needed support. Read more

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