Nifty 50, Sensex Outlook for December 15

Indian equities ended December 12 on a positive note, supported by favourable global cues following a US rate cut. Market experts expect range-bound activity ahead, with focus on crucial support levels. Market Setup: Benchmark indices—Sensex and Nifty 50—are expected to begin Monday’s session on a softer footing, tracking weak global signals from Asian markets after a subdued close on Wall Street. Early indicators point to a muted start, with Gift Nifty suggesting mild downside after two consecutive sessions of gains, trading around the 26,037 mark—about 98 points (0.4%) below the previous Nifty futures close. Previous Session Recap: On Friday, domestic markets extended their rally for the second straight session. The Sensex advanced 0.53% to close at 85,267.66, while the Nifty 50 rose 0.57% to end at 26,046.95. Broader indices also outperformed, with midcaps gaining over 1% and smallcaps posting moderate gains. Overall market sentiment remained strong, reflected in a sharp rise in total market capitalisation of listed companies, which surged by more than ₹3 lakh crore in a single session to cross ₹470 lakh crore. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.