Indian Sensex and Nifty expected to open higher with focus on IT stocks

From Nasdaq.: 2024-12-23 21:29:49

Indian shares are expected to trade in a tight range today ahead of the Christmas market holiday. IT stocks may be in focus following a rally in major tech companies like Nvidia and Alphabet. Foreign investors sold shares worth Rs. 168.71 crore, while domestic institutions bought shares worth Rs. 2,228 crores on December 23. Sensex and Nifty rose around 0.6 percent and 0.7 percent respectively. The rupee closed at a new low of 85.12 against the dollar. U.S. stocks and Treasury yields climbed, with consumer confidence deteriorating in December. European stocks ended mixed on Monday amid tariff threats and political uncertainty.



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