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Market Close:

Benchmark indices ended in the green in the highly volatile session on December 21.

Top gainers on the Nifty were BPCL, Power Grid Corporation, Britannia Industries, HDFC Bank and NTPC, while losers were Bajaj Auto, Bajaj Finance, Axis Bank, HCL Technologies and Cipla.

Among sectors, Information Technology, bank, FMCG up 0.5 percent each, while metal, pharma, realty, power and oil & gas, capital goods up 1-2 percent each.

BSE Midcap and Smallcap indices up 1.5 percent each.

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Gold prices rangebound as markets gauge 2024 rate cut bets.

рдмрд╛рдЬрд╛рд░ рдореЗрдВ 2024 рддрдХ рджрд░реЛрдВ рдореЗрдВ рдХрдЯреМрддреА рдХреЗ рдЕрдиреБрдорд╛рди рдХреЗ рдмреАрдЪ рд╕реЛрдиреЗ рдХреА рдХреАрдорддреЗрдВ рд╕реАрдорд┐рдд рджрд╛рдпрд░реЗ рдореЗрдВ рд╣реИрдВред

Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets speculated over just when the Federal Reserve will begin trimming interest rates.

рдЧреБрд░реБрд╡рд╛рд░ рдХреЛ рдПрд╢рд┐рдпрд╛рдИ рд╡реНрдпрд╛рдкрд╛рд░ рдореЗрдВ рд╕реЛрдиреЗ рдХреА рдХреАрдорддреЛрдВ рдореЗрдВ рдереЛрдбрд╝реА рдмрдврд╝реЛрддрд░реА рд╣реБрдИ, рдЬреЛ рдкрд┐рдЫрд▓реЗ рд╕рдкреНрддрд╛рд╣ рд╕реНрдерд╛рдкрд┐рдд рд╡реНрдпрд╛рдкрд╛рд░рд┐рдХ рджрд╛рдпрд░реЗ рдкрд░ рдХрд╛рдпрдо рд░рд╣реА, рдХреНрдпреЛрдВрдХрд┐ рдмрд╛рдЬрд╛рд░ рдЗрд╕ рдмрд╛рдд рдХреЛ рд▓реЗрдХрд░ рдЕрдЯрдХрд▓реЗрдВ рд▓рдЧрд╛ рд░рд╣реЗ рдереЗ рдХрд┐ рдлреЗрдбрд░рд▓ рд░рд┐рдЬрд░реНрд╡ рдмреНрдпрд╛рдЬ рджрд░реЛрдВ рдореЗрдВ рдХрдЯреМрддреА рдХрдм рд╢реБрд░реВ рдХрд░реЗрдЧрд╛ред

The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the past week. While dovish signals from the Fed helped the metal break above the $2,000 an ounce level, it struggled to make further gains as risk appetite improved and as traders second guessed expectations for early rate cuts from the Fed.

рдкрд┐рдЫрд▓реЗ рд╕рдкреНрддрд╛рд╣ рдХреЗ рджреМрд░рд╛рди рдкреАрд▓реА рдзрд╛рддреБ 2,000 рдбреЙрд▓рд░ рдФрд░ 2,050 рдбреЙрд▓рд░ рдкреНрд░рддрд┐ рдФрдВрд╕ рдХреЗ рдмреАрдЪ рдХреЗ рджрд╛рдпрд░реЗ рдореЗрдВ рд░рд╣реАред рдЬрдмрдХрд┐ рдлреЗрдб рдХреЗ рдирд░рдо рд╕рдВрдХреЗрддреЛрдВ рдиреЗ рдзрд╛рддреБ рдХреЛ 2,000 рдбреЙрд▓рд░ рдкреНрд░рддрд┐ рдФрдВрд╕ рдХреЗ рд╕реНрддрд░ рд╕реЗ рдКрдкрд░ рддреЛрдбрд╝рдиреЗ рдореЗрдВ рдорджрдж рдХреА, рд▓реЗрдХрд┐рди рдЬреЛрдЦрд┐рдо рдЙрдард╛рдиреЗ рдХреА рдХреНрд╖рдорддрд╛ рдореЗрдВ рд╕реБрдзрд╛рд░ рд╣реЛрдиреЗ рдФрд░ рд╡реНрдпрд╛рдкрд╛рд░рд┐рдпреЛрдВ рджреНрд╡рд╛рд░рд╛ рдлреЗрдб рд╕реЗ рд╢реБрд░реБрдЖрддреА рджрд░ рдореЗрдВ рдХрдЯреМрддреА рдХреА рдЙрдореНрдореАрджреЛрдВ рдХреЗ рдХрд╛рд░рдг рдЗрд╕реЗ рдФрд░ рдЕрдзрд┐рдХ рд▓рд╛рдн рдХрдорд╛рдиреЗ рдХреЗ рд▓рд┐рдП рд╕рдВрдШрд░реНрд╖ рдХрд░рдирд╛ рдкрдбрд╝рд╛ред

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Gold prices rangebound as markets gauge 2024 rate cut bets.

Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets speculated over just when the Federal Reserve will begin trimming interest rates.

The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the past week. While dovish signals from the Fed helped the metal break above the $2,000 an ounce level, it struggled to make further gains as risk appetite improved and as traders second guessed expectations for early rate cuts from the Fed.

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DATA’S NAMECURRENCYTIME
Public Sector Net BorrowingGBP12:30pm
Foreign Direct Investment ytd/yCNYTentative
CBI Realized SalesGBP4:30pm
Core Retail Sales m/mCAD7:00pm
Retail Sales m/mCAD
Final GDP q/qUSD
Unemployment ClaimsUSD
Final GDP Price Index q/qUSD
Philly Fed Manufacturing IndexUSD
CB Leading Index m/mUSD8:30pm
Natural Gas StorageUSD9:00pm

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Market Opens:

Indian indices opened gap-down on December 21 with Nifty around 21,000.

The Sensex was down 400.65 points or 0.57 percent at 70,105.66, and the Nifty was down 128.50 points or 0.61 percent at 21,021.70. About 541 shares advanced, 1727 shares declined, and 85 shares unchanged.

Maruti Suzuki, Apollo Hospitals, Power Grid, Axis Bank and Adani Enterprises were among major losers on the Nifty, while gainers were Reliance Industries, ONGC and HDFC Bank.

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Closing Bell: рд╕реЗрдВрд╕реЗрдХреНрд╕ 931 рдЕрдВрдХ рдЯреВрдЯрд╛, рдирд┐рдлреНрдЯреА 21,200 рдХреЗ рдиреАрдЪреЗ рд╣реБрдЖ рдмрдВрдж, рд▓рд╛рд▓ рдирд┐рд╢рд╛рди рдореЗрдВ рд░рд╣реЗ рд╕рднреА рд╕реЗрдХреНрдЯрд░

Closing Bell:рдХрд╛рд░реЛрдмрд╛рд░ рдХреЗ рдЕрдВрдд рдореЗрдВ рд╕реЗрдВрд╕реЗрдХреНрд╕ 930.88 рдЕрдВрдХ рдпрд╛рдиреА 1.30 рдлреАрд╕рджреА рдХреА рдЧрд┐рд░рд╛рд╡рдЯ рдХреЗ рд╕рд╛рде 70,506.31 рдХреЗ рд╕реНрддрд░ рдкрд░ рдмрдВрдж рд╣реБрдЖред рд╡рд╣реАрдВ рдирд┐рдлреНрдЯреА 302.95 рдЕрдВрдХ рдпрд╛рдиреА 1.41 рдлреАрд╕рджреА рдХреА рдЧрд┐рд░рд╛рд╡рдЯ рдХреЗ рд╕рд╛рде 21150.15 рдХреЗ рд╕реНрддрд░ рдкрд░ рдмрдВрдж рд╣реБрдЖред Adani Ports, Adani Enterprises, UPL, Tata Steel рдФрд░ Coal India рдирд┐рдлреНрдЯреА рдХрд╛ рдЯреЙрдк рд▓реВрдЬрд░ рд░рд╣рд╛ред рд╡рд╣реАрдВ ONGC, Tata Consumer Products, Britannia Industries рдФрд░ HDFC Bank рдирд┐рдлреНрдЯреА рдХрд╛ рдЯреЙрдк рдЧреЗрдирд░ рд░рд╣рд╛

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Gold prices steady above $2,000 as Fed rate cut bets persist.

рдлреЗрдб рд░реЗрдЯ рдореЗрдВ рдХрдЯреМрддреА рдХрд╛ рджрд╛рдВрд╡ рдЬрд╛рд░реА рд░рд╣рдиреЗ рд╕реЗ рд╕реЛрдиреЗ рдХреА рдХреАрдорддреЗрдВ 2,000 рдбреЙрд▓рд░ рд╕реЗ рдКрдкрд░ рд╕реНрдерд┐рд░ рд╣реИрдВред

Gold prices steadied on Wednesday, sticking to a trading range established over the past week amid persistent bets that the Federal Reserve will trim interest rates earlier in 2024.

рдлреЗрдбрд░рд▓ рд░рд┐рдЬрд░реНрд╡ рджреНрд╡рд╛рд░рд╛ 2024 рдХреА рд╢реБрд░реБрдЖрдд рдореЗрдВ рдмреНрдпрд╛рдЬ рджрд░реЛрдВ рдореЗрдВ рдХрдЯреМрддреА рдХрд░рдиреЗ рдХреА рд▓рдЧрд╛рддрд╛рд░ рдЕрдЯрдХрд▓реЛрдВ рдХреЗ рдмреАрдЪ, рдкрд┐рдЫрд▓реЗ рд╕рдкреНрддрд╛рд╣ рд╕реНрдерд╛рдкрд┐рдд рдЯреНрд░реЗрдбрд┐рдВрдЧ рд░реЗрдВрдЬ рдкрд░ рдХрд╛рдпрдо рд░рд╣рддреЗ рд╣реБрдП, рдмреБрдзрд╡рд╛рд░ рдХреЛ рд╕реЛрдиреЗ рдХреА рдХреАрдорддреЗрдВ рд╕реНрдерд┐рд░ рд░рд╣реАрдВред

рдРрд╕рд╛ рдкреНрд░рддреАрдд рд╣реЛрддрд╛ рд╣реИ рдХрд┐ рдЖрдиреЗ рд╡рд╛рд▓реЗ рд╡рд░реНрд╖ рдореЗрдВ рдХрдо рдмреНрдпрд╛рдЬ рджрд░реЛрдВ рдкрд░ рдмрдврд╝рддреА рдЖрд╢рд╛рд╡рд╛рдж рдХреЗ рдмреАрдЪ, рдкреАрд▓реА рдзрд╛рддреБ рдиреЗ рдХрдо-$2,000 рд╕реЗ $2,050 рдкреНрд░рддрд┐ рдФрдВрд╕ рдХреА рдЯреНрд░реЗрдбрд┐рдВрдЧ рд░реЗрдВрдЬ рд╕реНрдерд╛рдкрд┐рдд рдХреА рд╣реИред рд▓реЗрдХрд┐рди рдЬреЛрдЦрд┐рдо рдЙрдард╛рдиреЗ рдХреА рдХреНрд╖рдорддрд╛ рдмрдврд╝рдиреЗ рд╕реЗ рд╕реЛрдиреЗ рдореЗрдВ рдкреВрдВрдЬреА рдХрд╛ рдкреНрд░рд╡рд╛рд╣ рд╕реАрдорд┐рдд рд░рд╣рд╛, рдХреНрдпреЛрдВрдХрд┐ рд╡реНрдпрд╛рдкрд╛рд░рд┐рдпреЛрдВ рдиреЗ рдЕрдзрд┐рдХ рдЙрдкрдЬ рджреЗрдиреЗ рд╡рд╛рд▓реА рд╕рдВрдкрддреНрддрд┐рдпрд╛рдВ рдЦрд░реАрдж рд▓реАрдВред

The yellow metal appeared to have established a trading range of low-$2,000 to $2,050 an ounce, amid growing optimism over lower interest rates in the coming year. But increased risk appetite saw capital flows into gold remain limited, as traders piled into higher-yielding assets.

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Gold prices steady above $2,000 as Fed rate cut bets persist.

Gold prices steadied on Wednesday, sticking to a trading range established over the past week amid persistent bets that the Federal Reserve will trim interest rates earlier in 2024.

The yellow metal appeared to have established a trading range of low-$2,000 to $2,050 an ounce, amid growing optimism over lower interest rates in the coming year. But increased risk appetite saw capital flows into gold remain limited, as traders piled into higher-yielding assets.

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DATA’S NAMECURRENCYTIME
German GfK Consumer ClimateEUR12:30pm
German PPI m/mEUR
CPI y/yGBP
Core CPI y/yGBP
PPI Input m/mGBP
PPI Output m/mGBP
RPI y/yGBP
Foreign Direct Investment ytd/yCNYTentative
Current AccountEUR2:30pm
HPI y/yGBP3:00pm
Current AccountUSD7:00pm
SNB Quarterly BulletinCHF7:30pm
CB Leading Index m/mCNY
Consumer ConfidenceEUR8:30pm
CB Consumer ConfidenceUSD
Existing Home SalesUSD
Crude Oil InventoriesUSD9:00pm
FOMC Member Goolsbee SpeaksUSD10:30pm

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Market Close

Benchmark indices ended in the green in the volatile session on December 19 with Nifty at 21,450.

At close, the Sensex was up 122.10 points or 0.17 percent at 71,437.19, and the Nifty was up 34.40 points or 0.16 percent at 21,453.10. About 1833 shares advanced, 1797 shares declined, and 132 shares unchanged.

Biggest gainers on the Nifty were Coal India, Nestle India, Tata Consumer Products, NTPC and Cipla, while losers included SBI Life Insurance, Hero MotoCorp, Adani Ports, Wipro and Adani Enterprises.

Mixed trend was seen on the sectoral front, with metal, pharma, oil & gas, power and FMCG rose 0.3-1 percent, while auto, capital goods, realty, Information Technology down 0.3-0.8 percent.

Among broader indices the smallcap index hit fresh record high of 42,544.95, before closing with marginal gains, while BSE Midcap index lost 0.3 percent.