The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,520 level, a discount of nearly 40 points from the Nifty futures’ previous close.

The Indian equity market extended its winning streak for the fourth consecutive session on December 4, marking its longest rally in two months. The Nifty 50 index, which has seen a robust upmove over the past three trading days,

The Indian stock markets surged for the third consecutive session, with the Nifty climbing to a one-month high and closing at 24,457, up 181 points. The Sensex followed suit, advancing by 598 points to settle at 80,