IIP Data, Rupee Movement And Global Cues Likely To Drive Sensex, Nifty Next Week

IIP Data, Rupee Movement And Global Cues Likely To Drive Sensex, Nifty Next Week
On December 19, both benchmark indices closed with solid gains, supported by a steady rupee, positive global cues and a Bank of Japan policy decision that was in line with market expectations. The Sensex climbed 448 points, or 0.53 per cent, to close at 84,929.36, while the Nifty rose 151 points, or 0.58 per cent, to settle at 25,966.40.