{"id":20963,"date":"2024-12-11T10:38:26","date_gmt":"2024-12-11T05:08:26","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=20963"},"modified":"2024-12-11T15:36:08","modified_gmt":"2024-12-11T10:06:08","slug":"market-morning-notes-for-11th-december-2024","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-11th-december-2024\/","title":{"rendered":"Market Morning Notes For 11th December 2024"},"content":{"rendered":"\n

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

Global markets<\/strong> – U.S. benchmark equity indexes ended session red as caution prevailed ahead of the release of the November consumer inflation report. Dow Jones fell 0.3 pct and Nasdaq slipped 0.2 pct.<\/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>44,247<\/td>-0.3<\/td>17.4<\/td><\/tr>
Nasdaq<\/td>19,687<\/td>-0.2<\/td>31.2<\/td><\/tr>
Hang Seng<\/td>20,381<\/td>0.3<\/td>19.6<\/td><\/tr>
Nikkei<\/td>39,112<\/td>-0.6<\/td>16.9<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> \u2013 Gold nudges up, buoyed by expectations of looser monetary policies from major central banks and strong demand for safe-haven assets amid global economic uncertainties. On the other hand, Crude Oil inches up as investors expecting strong demand from China.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,669<\/td>0.2<\/td><\/tr>
Silver ($)<\/td>31.94<\/td>0.2<\/td><\/tr>
Brent Crude ($)<\/td>72.56<\/td>0.7<\/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>24,488<\/td>51,807<\/td><\/tr>
100 DMA<\/td>24,708<\/td>51,654<\/td><\/tr>
200 DMA<\/td>23,745<\/td>50,265<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets – <\/strong>Asian equities opened with mixed note and waiting for the fresh triggers to continue momentum. Hang Seng up 0.3 pct for while Nikkei slipped at 0.1 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – Indian stock markets are likely to open on a cautious note today as investors keep a close watch on upcoming U.S. inflation data. Benchmark indices closed flat on Tuesday, as investors eyeing inflation data of India and US this week.<\/p>\n\n\n\n

Indian ADRs: Infosys (0.3%), ICICI Bank (0.1%) and Dr Reddy’s (-1.4%).<\/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>81,50<\/td>0.0<\/td>12.8<\/td><\/tr>
Nifty<\/td>24,610<\/td>0.0<\/td>13.3<\/td><\/tr>
Nifty Bank<\/td>53,577<\/td>0.3<\/td>10.9<\/td><\/tr>
Nifty Midcap 100<\/td>59,135<\/td>0.2<\/td>28.1<\/td><\/tr>
Nifty Smallcap 100<\/td>19,583<\/td>0.3<\/td>29.3<\/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>1285<\/td>-270,333<\/td><\/tr>
DII<\/td>605<\/td>499,218<\/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