New Delhi, 29 December (HS): The domestic stock market continued to face ups and downs during the trading of the year 2024. In this year's trading, now only the next 2 days, Monday and Tuesday i.e. 30 and 31 December, are left to be traded. Apart from these two days, during the trading so far, the domestic market made a new record of all-time high several times. However, the stock market also had to face big losses in between. If we talk about the business of the whole year, then the overall domestic stock market gave positive returns to its investors during 2024. In this way, for the ninth consecutive year, the investors of the domestic stock market remained in profit on an annual basis. During the year 2024, the stock market set a new record of all-time high in 65 days of trading. In this, the Sensex last reached a peak level of 85,978.25 points on September 27, while the Nifty managed to reach a peak level of 26,277.35 points. Earlier, on the last trading day of 2023, the Sensex closed at a level of 72,240.26 points. Similarly, the Nifty ended last year's trading at a level of 21,731.40 points.
In this way, by September 27 in the year 2024, the Sensex had gained 13,737.99 i.e. 19.02 percent. Similarly, the Nifty had jumped 4,545.95 points i.e. 20.92 percent by September 27. However, in October and November, due to global pressure and all-round selling by foreign investors, both the Sensex and Nifty indices came down from their record highs. Since September 27, the Sensex has lost 7,279.18 points i.e. 8.46 percent and the Nifty has lost 2,463.95 points i.e. 9.37 percent.
If we talk about the trading from January 1 to December 27, then during the year 2024, the Sensex has gained 6,458.81 points i.e. 8.94 percent in the stock market. Similarly, the Nifty has gained 2,082 points i.e. 9.58 percent overall this year. Among the factors affecting the domestic stock market, the Israel-Iran conflict this year and the already ongoing war between Russia and Ukraine can be mainly mentioned. The geo-political tension of both these places had a great impact on the Indian stock market. Along with this, the presidential election in the US also showed its effect on the stock markets internationally. Apart from this, the announcement of economic package by China in the month of November also affected the stock markets around the world. Due to China's economic package, big foreign investors sold in all the stock markets of the world and withdrew their money on a large scale and invested them in the Chinese stock market. Due to this, while the Chinese stock exchange index Shanghai Composite Index jumped by 14 percent, most of the world's stock markets were seen trading under pressure. Naturally, this also affected the Indian stock market.
This year, the performance of midcap and smallcap companies in the domestic stock market was better than that of large companies. Due to this, midcap and smallcap stocks gave investors better returns than large caps. However, due to weak results of most companies in the second quarter, the average returns of mid and smallcap companies also decreased.----
Hindusthan Samachar / Jun Sarkar