{"id":20903,"date":"2024-11-27T10:30:12","date_gmt":"2024-11-27T05:00:12","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=20903"},"modified":"2024-11-28T10:33:02","modified_gmt":"2024-11-28T05:03:02","slug":"market-morning-notes-for-27th-november-2024","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-27th-november-2024\/","title":{"rendered":"Market Morning Notes For 27th November 2024"},"content":{"rendered":"\n

Market Commentary<\/h2>\n\n\n\n

Global markets<\/strong> – All three major U.S. indices closed in positive territory as traders overlooked President-elect Donald Trump’s latest threats to hike tariffs on Mexico, Canada, and China. The Dow & S&P 500 hit new all-time highs, gaining 0.28% and 0.57%, respectively, while the Nasdaq also advanced by 0.57%.<\/p>\n\n\n\n

Global Indices<\/strong><\/td>  % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td>YTD<\/strong><\/strong><\/td><\/tr>
Dow Jones<\/td>44,860<\/td>0.3<\/td>19.0<\/td><\/tr>
Nasdaq<\/td>19,175<\/td>0.6<\/td>27.7<\/td><\/tr>
Hang Seng<\/td>19,192<\/td>0.2<\/td>12.6<\/td><\/tr>
Nikkei<\/td>38,165<\/td>-0.7<\/td>14.0<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Brent Oil has ended slightly in the red extending the previous day’s losses in choppy trade after Israel agreed to a ceasefire deal with Hezbollah, reducing oil’s risk premium. Gold futures settled higher as threats of more trade tariffs from Donald Trump buoyed demand for safe havens, although a spike in the dollar limited any major metal gains.<\/p>\n\n\n\n

Commodities                                                               % Change<\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,623<\/td>0.3<\/td><\/tr>
Silver ($)<\/td>30.98<\/td>0.4<\/td><\/tr>
Brent Crude ($)<\/td>72.45<\/td>-0.1<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Moving Averages<\/strong><\/strong><\/td><\/tr>
 <\/td>Nifty 50<\/strong><\/strong><\/td>Nifty Bank<\/strong><\/strong><\/td><\/tr>
50 DMA<\/td>24,742<\/td>51,885<\/td><\/tr>
100 DMA<\/td>24,706<\/td>51,623<\/td><\/tr>
200 DMA<\/td>23,617<\/td>49,910<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets showed a subdued tone as western markets closed with slight gains. Nikkei traded lower by 0.7 pct while Hang Seng traded higher by 0.2%<\/p>\n\n\n\n

Indian Indices<\/strong> – On Tuesday market traded in the choppy range indicating low volatility and indecision among investors. For the second consecutive trading session, the benchmark index Nifty traded within a narrow range of 217 points, closing flat. Today, markets will continue to trade indecisive in absence of any major near-term triggers. Indian ADRs: Infosys (+1.5%), ICICI Bank (-0.6%) and Dr Reddy’s (-1.1%).<\/p>\n\n\n\n

Indian Market<\/strong><\/strong><\/td>  % Change<\/strong><\/strong><\/td><\/tr>
 <\/em><\/em><\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td>YTD<\/strong><\/strong><\/td><\/tr>
Sensex<\/td>80,004<\/td>-0.1<\/td>10.7<\/td><\/tr>
Nifty<\/td>24,194<\/td>-0.1<\/td>11.3<\/td><\/tr>
Nifty Bank<\/td>52,191<\/td>-0.0<\/td>8.1<\/td><\/tr>
Nifty Midcap 100<\/td>55,914<\/td>0.0<\/td>21.1<\/td><\/tr>
Nifty Smallcap 100<\/td>18,265<\/td>0.8<\/td>20.6<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Institutional Activity<\/strong><\/strong><\/td>                  Rs crore<\/strong><\/strong><\/td><\/tr>
 <\/em><\/em><\/td>Cash<\/strong><\/strong><\/td>YTD<\/strong><\/strong><\/td><\/tr>
FII<\/td>-1157<\/td>-268,250<\/td><\/tr>
DII<\/td>1910<\/td>482,724<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

  Stocks to watch<\/h2>\n\n\n\n

Positive Read through<\/strong><\/p>\n\n\n\n