Relevant for Exams
Nifty ends week down 0.3%; global markets subdued for Christmas, Indian markets shut Dec 25.
Summary
This article details the Nifty's weekly performance, noting a 0.3% decline despite snapping a four-session losing streak. It anticipates subdued global trading due to Christmas holidays, with Indian markets observing a single holiday on December 25. This content primarily covers short-term stock market fluctuations, which typically hold minimal relevance for competitive exams focused on broader economic policies or significant events.
Key Points
- 1Nifty recorded a weekly decline of 0.3%.
- 2The Nifty broke a four-session losing streak on Friday.
- 3Indian markets were scheduled to be closed for one day on Thursday, December 25.
- 4Major global markets were expected to experience subdued trading activity.
- 5The subdued global trading was attributed to the extended Christmas holiday period.
Full Article
Nifty snapped its four-session losing streak on Friday but still closed the week with a decline of 0.3%. Trading activity is expected to remain subdued across major global markets due to the extended Christmas holiday, even as Indian markets will be shut for just one day on Thursday, December 25.