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During the initial part of the year, markets were jolted by the Russia-Ukraine war. On February 24, when Russia launched its attack on Ukraine, the 30-share BSE Sensex had plunged about 2,850 points before closing at 54,529.91 points, registering a massive fall of 2,702.15 points or 4.72 per cent.

In November, BSE received consent from the Securities and Exchange Board of India (SEBI) to appoint Ramamurthy as the MD and CEO of the exchange.

The broader NSE Nifty declined 85.70 points or 0.47 per cent to end at 18,105.30. Meanwhile, broader markets outperformed the headline indices, with Nifty Midcap 100 gaining 0.5%. Among sectoral indices, the Nifty PSU Bank index rose the most, while Nifty FMCG posted a decline.

"The performance of 2022 has been as per the trend observed over the past 10 years. Whenever Sensex provided returns of over 25% in a calendar year, the following year has seen a muted return," said Sunil Sanghai of NovaaOne Capital.

"At the start of the year, there was a lot of enthusiasm and euphoria in all the internet or technology names and there was gross mispricing of the IPOs of these companies and now when we end the year, we are at a state where no one is really looking at these companies and investors are disenchanted about these companies."

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In 2022, Sensex ended 2,609 points or 4.48% higher at 60,841, and Nifty50 gained 751 points or 4.32% to settle at 18,105

“The private sector banks, particularly the top two, three, four of them, have extremely high consumer franchises and have a very decent CASA growth. They have got a very high edge because of the technology investments that they have done and because of the technology adoption that their customers have done. ”

"COMEX gold heads for a second weekly gain after US job data eased concern that a hot labour market would lead to hawkish Fed," an analyst at HDFC Securities said.

The Nifty Bank index closed 0.61 per cent down at 42986.45.