Merry Xmas: Nifty Closes Up Before Christmas; Dow Futures Gains in Pre-Market

By Aditya Raghunath — and the closed up on Christmas Eve as good cheer spread through Europe on talks of a Brexit deal. Both indices gained over 1% today.

The star of the day was Mrs Bectors Food Specialities Ltd (NS:) Ltd that made its debut on the markets today. It closed up 106.32% at Rs 594.2 giving its subscribers bumper profits. This is the second consecutive IPO to gain over 100% on its debut after Burger King India earlier this month.

On the , Tata Motors (NS:) closed up 3.9% while Sun Pharma (NS:) gained 3.18%. Axis Bank (NS:), Reliance (NS:), and Indian Oil Corporation Ltd (NS:) all gained over 2% today. While most sectoral indices ended up today, the failed to join the momentum dropping 0.66%. Infosys (NS:) lost 1.25% while Wipro (NS:) lost almost 1% today.

In Europe, markets have opened up as there is news that a Brexit deal will likely go through within hours. is trading up 0.13% and the is up 0.15%. is up 1.25%. prices have regained the $48 level after a tense last week.

US futures are all in the positive as well with and up 0.27% while the is up 0.17%.

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