Sensex today, Dec. 22 -- A sharp two-day surge in the Indian stock market's benchmark indices, Sensex and Nifty, has raised investors' hope of a rally in the run-up to the end of year, which has otherwise proven to be a difficult one for stock market investors.

Despite being on track to end higher for the 10th year in a row, 2025 was marked by high turbulence as investors reeled under the shock of 50% Trump tariffs, record FII outflows and earnings slowdown.

Now, with the Sensex rising almost 1,000 points in just two days, and Nifty 50 reclaiming the 26,100 mark on Monday, December 22, hopes of a rise in the fag-end of the year are ripe for the Santa Claus Rally - but the key question remains, will it materialise?

The Santa Claus Rally...