On Friday, the BSE Sensex ended at 58,253.82, up over 459 points or 0.80 per cent from the Thursday closing price.
Meanwhile, the Broader market Nifty50 ended at 17,354.05, up over 150 points or 0.9 per cent.
Zee Business Managing Editor Anil Singhvi said that the stock markets ended the year emphatically, despites not enough global triggers and many overseas stock markets remaining closed.
All through the December Series, there was a selling pressure by the markets by the Foreign Institutional Investors which lessened towards the end of the series, he further said.
Singhvi said that the Friday US market action will be reference point for the domestic exchanges when they reopen on Monday.
As for Bank Nifty, the support lies between 35,000 and 35,200 while it will try to move towards 35,800 and 36,000.