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Wall Street will have a half-day session on December 24, closing early at 1 p.m. (EST) ahead of Christmas, when the NYSE and Nasdaq will be closed. Motilal Oswal recommends an overweight strategy on banks and IT, with Zomato and ICICI Bank as top picks, while the market cap of the top 10 companies has shrunk by ₹4.95 lakh crore, heavily impacting TCS and Reliance. Zomato's stock has surged over 43% in six months, outperforming the Sensex, and is expected to remain in focus as market triggers like F&O expiry and global cues influence trends this week.
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