The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,734 level, a discount of nearly 70 points from the Nifty futures’ previous close.

The Nifty 50 closed near flat on the final trading session of the year on Tuesday, as markets seeing a modest recovery after earlier losses led by information technology (IT) stocks, but thin volumes kept the market's movements subdued.

The year 2024 was a mixed bag for the markets. The Sensex recorded a gain of 8.12 per cent year-to-date, while the Nifty 50 appreciated by 8.75 per cent. Both indices touched their all-time highs in September 2024, with the Sensex reaching 85,978.35 points and the Nifty hitting 26,277.35.

The BSE Sensex ended the last trading session of 2024 slightly in red, 109.12 points or 0.14% down at 78,139.01. Nifty closed flat at 23,644.80, down a meagre 0.10 points.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,644.90, while Sensex ended at 78,248.13. Overnight US benchmark indices witnessed a fall.

The Sensex closed 109 points, or 0.14 per cent, down at 78,139.01, while the Nifty 50 settled at 23,644.80, down 0.10 per cent.

As 2024 comes to a close, investors reflect on a year marked by volatility and shifting dynamics. From central bank policy changes to emerging sectoral trends, 2024 was a year of caution and opportunity for the stock market.