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According to Motilal Oswal Asset Management Company’s Global Market snapshot report, The Nifty Midcap 150 has shown growth of 1.12% in December. Index experienced a decline of 5.52% over the past 3 months, a surge of 1.48% over the past 6 months, and a one-year growth of 23.80%.

The Nifty Smallcap 250 has experienced a decline of 3.58% over the past 3 months, 3.75% growth over the past 6 months, and a 26.43% increase over the past year.

The Nifty Next 50 has seen a decline of 11.81% over the past 3 months, and a decline of 4.94% over the past 6 months, and growth of 27.45% over the past year.

The Nifty 50 has seen an 8.39% decline over the past 3months and a decline of 1.52% over the past six months and 8.80% increase over the past year.

The Nifty Microcap 250 index has declined by 2.64% over the last 3 months, an increase of 8.68% over the past 6 months, and 34.20% growth over the past year

In December 2024, the Nifty 500 Index declined by 1.37% in December 2024, reflecting broad market weakness. The Nifty 500 Index saw a decline of 7.71% over the past 3 months, a 0.82% over the past 6 months and a growth of 15.16% over the past year.

Momentum, Low Volatility, Quality, and Value strategic indices, also faced a downturn, with declines ranging from 3% to 4%.

Healthcare and IT sectors emerged as the top contributors with returns of 0.29% and 0.07%, respectively, while Financial Services and Energy sectors dragged the index down with contributions of 0.42% and 0.37%.

Defensive sectors like Healthcare outperformed with a surge in 5.84% in December, whereas cyclical sectors, particularly Financial Services and Energy, underperformed amid broader market sell-off. Realty Sector and Consumer Durables also has seen a surge of 3.16% & 4.06% respectively.

Global Market Update

The S&P 500 Index declined sharply by 2.50% in December 2024, driven by significant weakness across major sectors.

IT and Communication Services were the key positive contributors, 0.36% and 0.31% respectively, while Financials and Industrials led the decline, 0.78% and 0.70% respectively. The index's negative performance was largely attributed to declines in Financials, Industrials, and Healthcare, which outweighed modest gains from IT and Communication Services.

Growth-oriented sectors like IT showed resilience, whereas value-heavy sectors such as Financials and Industrials underperformed significantly.

In December, Gold and silver declined by 1.58% and 5.85%, respectively.

Bitcoin fell by 2.92%, and Ethereum declined by 6.80%, reflecting subdued performance for digital assets during the month.

Inflation eased to 5.48% in November, down from 6.21% the previous month, reflecting a moderation in price pressures.

GST collections reached ?1.77 lakh crore in December, reflecting strong economic activity and marking consistent growth in tax revenues.

Inflation in the US slightly increased to 2.70% in November, maintaining a controlled trend within the Federal Reserve's target range.

The unemployment rate in the US remained steady at 4.2%, suggesting a stable labor market despite ongoing economic challenges.

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