New Delhi, Dec 27 || With liquidity conditions remaining muted and key macro cues awaited, the Indian markets are likely to stay range-bound in the near term amid consolidation ahead of New Year, analysts said on Saturday.
Market sentiment this week was shaped by a combination of domestic macroeconomic indicators and global developments.
India concluded a comprehensive Free Trade Agreement (FTA) with New Zealand, strengthening its Indo-Pacific engagement and export diversification strategy. On the macro front, growth across the eight core infrastructure sectors slowed sharply to 1.8 per cent in November, highlighting near-term moderation in industrial momentum.
“Foreign Institutional Investors (FIIs) remained net sellers throughout the week, reversing the brief inflows seen in the previous week. Additionally, stable currency movements, record highs in bullion prices, and holiday-thinned participation contributed to a mixed trading environment,” said Ajit Mishra–SVP, Research, Religare Broking Ltd.
The upcoming week marks the transition into calendar year 2026 and is likely to witness heightened volatility due to the December F&O expiry.