The trend of decline in the Indian stock market for five consecutive days continues on the last day of the week, Friday. In the last five days, investors have lost more than Rs 18 lakh crore in the stock market. Talking about Friday only, the benchmark index, BSE Sensex closed with a huge decline of 1176 points. On the other hand, Nifty50 also closed down by 364.20 points. However, the latest report of Motilal Oswal Wealth Management claims that despite this decline, the last week of the year 2024 will be full of happiness for the stock market.

fall in BSE

Due to continuous decline for the last five days, the market cap of companies listed on BSE has come down to Rs 441 lakh crore. On Friday alone, investors lost Rs 8.77 lakh crore. This week, the BSE Sensex fell 5% and in total, the Sensex saw a decline of more than 1,000 points in three trading sessions.

On December 13, the Sensex was at 82,133, while on Friday it closed at 78,041.59. Similarly, the Nifty also slipped from 24,768 level of December 13 to 23,587.50.

Big impact on Reliance Industries shares

Shares of the country's largest company Reliance Industries (RIL) on Friday reached a 52-week low of Rs 1,210.15. This week, Reliance shares fell by 5% and its market cap declined by Rs 85,525 crore. At the end of trading, Reliance shares closed at Rs 1,206, which is about 25% lower than its all-time high.

Markets are expected to improve at the end of the year

However, despite the continuous decline, experts believe that the year 2024 will end on a positive note. According to a recent report by Motilal Oswal Wealth Management, Nifty may register a growth of 13% annually due to strong economic growth and domestic investment inflows.

According to the report, in 2024, the Indian market has faced many global challenges, such as geopolitical tensions, general elections in India and events like the budget. In September, the Nifty touched an all-time high of 26,277. The market remained strong due to strong macroeconomic conditions and corporate earnings.

what will happen in 2025

The report also said that the market performance in the year 2025 may be divided into two parts. Consolidation may continue in the first half, while the market is likely to improve in the second half.