Indian Stock Market: 2024 Recap and 2025 Outlook
How 2024 Went The year 2024 for the Indian stock market was a blend of highs and lows, capturing both the strengths and challenges faced by the economy and investors. The market saw significant gains, with the Sensex rising by ~8% and the Nifty soaring by ~9.5%, with the Sensex hitting an all-time high of 85,978.25 on September 27, 2024. Key factors contributing to the market's success included strong domestic institutional investor (DII) support, robust corporate earnings in the first half of the year, and proactive government policies aimed at moderating inflation and potential interest rate cuts by the Reserve Bank of India (RBI). Additionally, mutual fund SIPs peaked in November 2024, with a monthly contribution reaching Rs 25,320 crore, reflecting the growing interest and confidence of retail investors in mutual funds as a reliable investment avenue. However, the year was not without its challenges. October witnessed significant foreign institutional investor (FII) out...