Key Highlights
- “Markets ended the holiday-shortened week with modest gains, extending the ongoing consolidation phase.
- After a strong start, benchmark indices remained subdued in subsequent sessions amid mixed global cues and thin year-end volumes.
- The Nifty settled at 26,042.30, while the Sensex closed at 85,041, reflecting a cautious yet resilient undertone,” said Ajit Mishra, SVP, Research, Religare Broking Ltd.
- On the stock market outlook for next week, Mishra added that the markets are likely to stay range-bound in the near term, with liquidity conditions remaining muted and key macro cues awaited.
- “Investors may continue to adopt a buy-on-dips strategy, focusing on large-cap stocks and select cyclicals offering relative value and stability.
