Over the past seven years the Nifty 50 trend remained largely flattish on Friday, the 13th, except in 2020 and 2021 when the blue chip index actually gained 3.8% and 1%, not declined, thus negating the superstition.

The Indian stock market crashed on Friday, with frontline indices Sensex and Nifty 50 dropping over 1 per cent. Midcap and smallcap indices fell nearly 2 per cent.

The Indian market faced intense selling pressure on Friday, December 13, 2024, with Sensex nosediving by more than 1,200 points and Nifty 50 shedding nearly 368 points. Global risks dampened investors mode across markets including Wall Street and Asian cues,

The BSE Senex plunged 943.10 points, or 1.16 per cent, to 80,346.86. The Nifty declined 284.75 points, or 1.16 per cent, to 24,263.95. All except Bharti Airtel declined from the Sensex pack.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 108 points from the Nifty futures’ previous close.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session with minor changes. Nifty 50 closed at 24,610.05, while Sensex ended at 81,510.05. Overnight, Wall Street indices ended lower.

The Indian stock market crashed heavily on Friday, with the BSE's Sensex dropping 1,207 points or 1.48 per cent to its intraday low of 80,082

The Relative Strength Index (RSI) currently stands at 64.23, trending upward, indicating a healthy uptrend with room for further growth. Additionally, HDFCAMC is trading well above its 20-day, 50-day, and 200-day Exponential Moving Averages (EMAs), reinforcing the positive trend.