Market Movements of 2024: Navia’s Annual Highlights
Table of Contents
📈 A Look Back at the Indian Stock Market in 2024
2024 was a year of ups and downs for the Indian stock market, filled with record highs, volatility, and a mix of global and domestic factors. Here’s a recap:
Key Highlights
● A Rollercoaster Start: The year began with the Sensex and Nifty hitting all-time highs in January, followed by corrections due to global concerns like recessions in the UK and Japan. Despite these challenges, the Indian market showed resilience.
● Election-Driven Optimism: The return of the BJP-led government in June boosted market sentiment, with the Nifty 50 and Sensex reaching new highs by July.
● Global Headwinds Hit in H2: Rising global interest rates, geopolitical tensions in the Middle East, and the return of Donald Trump to the US presidency brought significant volatility in October and November.
● FII Exodus, DII Support: Foreign Institutional Investors (FIIs) withdrew nearly ₹3 lakh crore, while Domestic Institutional Investors (DIIs) injected ₹5 lakh crore, stabilizing the market during volatile times.
Market Performance
Sensex: Gained 8.32% in 2024, a modest growth compared to 19% in 2023.
Midcap and Smallcap Indices: Outperformed large-caps, with the BSE 150 Mid Cap up by 25.66% and the BSE 250 Small Cap gaining 23.44%
Top Sectors: Healthcare, Pharma, and Realty were the biggest winners, with Nifty Healthcare gaining 40.01%.
Lagging Sectors: Nifty Media dropped 23.83%, while FMCG saw a marginal decline of 0.65%.
Sectoral Movements
This year, most sectors closed in the green. Nifty Healthcare remained the top-performing sector for 2024, with a gain of 40.01 percent. Nifty Media was the worst-performing index, losing 23.83 percent of its value. Below is the performance of all Nifty sectoral indices for 2024.
IPO Boom
2024 was a strong year for IPOs
● 91 IPOs launched: 73% listed in green.
● BSE IPO Index: Gained 31.53%, while SME IPOs surged by 139.44%.
Looking Ahead to 2025
The outlook for 2025 remains optimistic but cautious. Key drivers include:
● Domestic Strength: Strong rural consumption and infrastructure investments.
● Service Sector Momentum: Growth in IT, telecom, and financial services.
● Global Challenges: Inflation, geopolitical uncertainties, and global slowdowns may pose risks.
Key Takeaways for Investors
1) Stay Flexible: Adapt to market volatility.rs
2) Diversify: Balance your portfolio across sectors and market caps.
3) Focus on India’s Strength: The domestic economy offers long-term growth potential.
4) Monitor Global Cues: Be ready to align your portfolio with global trends.
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