The Indian stock market opened on a positive note on December 27, 2024, with the BSE Sensex gaining 489 points to reach around 78,960 and the NSE Nifty advancing 108.80 points or 0.46% to trade at around 23,912. The market's upward momentum was driven by gains in the auto and pharma sectors. Tata Motors, IndusInd Bank, and Mahindra & Mahindra were among the top gainers on the Sensex. The Nifty Auto index climbed 1.6%, buoyed by upgrades from DAM Capital on several auto stocks, including Tata Motors, Escorts Kubota, and Bajaj Auto. Nifty Pharma also advanced 1%, led by companies like Dr Reddy's, Sun Pharma, Cipla, and Lupin. Despite the overall positive trend, the Nifty Realty index slipped 0.6%, reflecting some sector-specific challenges.