You can't keep money in a leather bag, you can earn so much from stocks in December
STOCK MARKET OUTLOOK: There is a promising news for those who invest in largecap, midcap and smallcap stocks and earn big money. That means, in December, the last month of the calendar year 2024, you can earn huge returns from stocks. The volatility in the stock market continued last week as well. However, on the last day of the week, Friday 29 November 2024, the market saw gains as foreign institutional investors (FIIs) returned. Earlier on Thursday, the BSE Sensex fell over 1190 points on selling pressure in IT and auto stocks. Nifty also fell over 360 points. But now, market experts say that there is more chance of a rally in the market in the month of December, due to which investors can profit. In the last week of the November series, the market has weakened due to worries about newly elected US President Donald Trump's policy stance and uncertainty about the reduction. US interest rates weighed on market sentiment. Domestic Institutional Investors (DITs) are adopting a cautious stance with a near-term outlook. The Union Budget is scheduled to be presented in February 2025. FIIs sell. According to Vinod Nair, Head of Research, Geojit Financial Services, the market rally was due to re-balancing, “Easing geopolitical tensions, expectation of stability in government spending in the second half of FY25 and MSCI's rebalancing have seen some relief after the recent market rally. The rise was broad-based, while capital expenditure-related sectors such as infrastructure, capital goods and industrials outperformed expectations on a surge in new order flows. “Brent crude fell 4% on the week on hopes of easing tensions in the Middle East, which will continue to help Indian corporates' performance metrics in the coming quarters.” Vinod Nair added that economic data and GDP will guide the market, adding, “We believe earnings prospects will be favorable in the second half due to good monsoon, festive and wedding season. The second quarter could do. Investors' focus turned to US and Eurozone inflation indicators, which were mid The stability of the stock market will depend on the economic data coming next week, while the GDP in the second quarter of fiscal 2025 will affect the banks' December policy rates. The market may see some fallout from the decline in manufacturing. On the other hand, investors will be more interested in the upcoming RBI monetary policy. However, the consensus is that the rate cut in February is due to slower growth in the second quarter. Services and manufacturing PMI data and US Other economic indicators, such as jobs data, will also attract investors' attention, and then market momentum will pick up. Also Read: 'Arrest Bill Gates!' Trending on What do analysts predict for Nifty 50 by December 2024? Apoorva Sheth, head of market perspectives and research at Samco Securities, is optimistic about the market. He has set a target of 24,700-25,000 for the Nifty by the end of this year. However, he advises investors to keep a broader perspective. He suggested that the Nifty could trade between 23,200-26,200 in the next 8 to 12 months. Also Read: How much property does Shilpa Shetty's husband have, how much does the actress charge? The post You can't keep money stuffed in a leather bag, so much income will come in December. On the grave of Prabhat.