A New Year, A New Reality

As the year 2024 drew to a close, India’s benchmark indices, the Sensex and Nifty 50, recorded singledigit gains of approximately 8 per cent. This marked the ninth consecutive year of positive returns for these indices, a first in their history of 44 years (Sensex). While many analysts predict that the upward momentum will continue into 2025, albeit at a slower pace, several factors will influence the market’s trajectory especially in the shorter term.