Equity Market Update
- In December 2024, equity markets encountered significant challenges due to global influences. Higher U.S. Treasury yields and expectations of limited rate cuts in the US put pressure on emerging markets.
- The BSE Sensex and Nifty indices declined by almost 2% during the month, while the BSE Midcap showed a modest gain of 0.8%, and the BSE Smallcap recorded a marginal dip of 0.03%.
- Across sectors, the top gainers were BSE Healthcare (+3.69%), BSE Realty (+3.45%), and BSE Consumer Durables (+3.15%). In contrast, the steepest declines were observed in BSE PSU (-5.16%), BSE Metal
(-5.39%), and BSE Power (-7.00%).
Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. Index performance does not signify scheme performance Investors should consult their financial advisers if in doubt about whether the product is suitable for them.