The equity markets have ended the year on a very strong note. As the week comes to a close, we not only end the month but also the year. On a monthly basis, the Nifty has had a stellar run this December as it gained 1598 points (+7.94%). On a YTD basis, Nifty has been the fourth-best Index as it returned 19.68% on a year-to-date basis. Nasdaq gained 44.33% while S&P 500 index returned 30.42% over the same period. The week remained a trending one except for the last trading day of the week when the markets consolidated. Over the past four days, the Index oscillated in a 472-point range before closing the week with a net gain of 382 points (+1.79%).
