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Stock MarketsNews Today Live: Wall Street week ahead: Pending home sales, manufacturing data to guide markets

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Explore comprehensive coverage of the stock market, with updates on key indices, stock performance, and financial news. Track the biggest market moves and discover how economic indicators, corporate earnings,
The article from LiveMint, dated December 29, 2024, provides a comprehensive overview of the latest developments in the Indian stock market. It highlights that the Sensex and Nifty indices both closed at record highs, driven by positive global cues and strong domestic economic indicators. Key sectors like IT, banking, and pharmaceuticals saw significant gains, with companies like Infosys, HDFC Bank, and Sun Pharma leading the surge. The market was also buoyed by robust foreign institutional investor (FII) inflows and expectations of continued economic recovery. Additionally, the article mentions upcoming economic data releases, including GDP figures and manufacturing PMI, which are anticipated to influence market trends. There's also a brief mention of regulatory news, with SEBI announcing new guidelines to enhance transparency in mutual fund investments. The overall sentiment remains optimistic, with analysts predicting a bullish trend into the new year, supported by favorable policy measures and a stable political environment.

Read the Full Mint Article at:
[ https://www.livemint.com/market/stock-market-news/latest-stock-market-news-on-december-29-2024-live-updates-11735433832004.html ]