As markets in India and around the world reopen after the Christmas holiday, investors here are looking to ride the so-called Santa Clause rally driving Wall Street higher

Market experts expect the indices to consolidate within a narrow range for the rest of the year, as the lack of major positive or negative triggers limits market movement

The stock markets will remain closed on December 25 for Christmas. On Tuesday, investors showed caution leading to minor declines in BSE Sensex and Nifty50 amidst foreign fund outflows.

The S&P BSE Sensex added 18.18 points to close at 78,491.05, while the NSE Nifty50 was up 22.55 points to end the day at 23,750.20.

Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Tuesday. While BSE Sensex was above 78,500, Nifty50 was above 23,750.

Indian equity indices opened higher on Thursday, with banking stocks leading the gains. Sensex and Nifty50 saw notable rises, with SBI, ICICI Bank, and Axis Bank amongst the top performers. The session highlighted mixed performances in other sectors,

On December 26, the Sensex and Nifty 50 closed flat, influenced by mixed performances of major stocks. Global cues remained lacklustre amid holiday trading, with investors closely watching the US Federal Reserve's interest rate decisions and Trump's tariff policies.

Benchmark indices Nifty and Sensex opened higher on Thursday, driven by a strong rally in banking and auto stocks, which boosted market sentiment despite some pressure from realty stocks. However, trading volumes were muted due to year-end holidays as investors closed their books for the year.