India's equity markets concluded December with a slight dip, yet benchmark indices demonstrated resilience over longer periods. The Nifty achieved a 10.51% annual return, despite a 0.28% decline in December. Sectors like metals and automobiles showed continued outperformance. While mid-cap stocks exhibited relative strength, small-cap and micro-cap segments faced pressure, recording annual losses. The Nifty 500 index also ended the year with modest gains.