{"id":21075,"date":"2024-12-26T09:47:34","date_gmt":"2024-12-26T04:17:34","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21075"},"modified":"2024-12-26T09:47:35","modified_gmt":"2024-12-26T04:17:35","slug":"market-morning-notes-for-26th-december-2024","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-26th-december-2024\/","title":{"rendered":"Market Morning Notes For 26th December 2024"},"content":{"rendered":"\n

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

Global markets<\/strong> – US benchmark Indices closed in green on Tuesday, led by gains in megacap and growth stocks during a shortened Christmas Eve session. Dow closed higher by 0.9 pct, Nasdaq jumped 1.4 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>43,297<\/td>0.9<\/td>14.9<\/td><\/tr>
Nasdaq<\/td>20,031<\/td>1.4<\/td>33.4<\/td><\/tr>
Hang Seng<\/td>20,098<\/td>1.1<\/td>17.9<\/td><\/tr>
Nikkei<\/td>39,336<\/td>0.5<\/td>17.5<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold trading green at USD 2627, However volume expected to remain low amid ongoing holidays. On the other hand, Brent crude inches up due to positive market outlook for short term.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,627<\/td>0.4<\/td><\/tr>
Silver ($)<\/td>29.66<\/td>0.3<\/td><\/tr>
Brent Crude ($)<\/td>73.75<\/td>0.2<\/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>24,300<\/td>51,912<\/td><\/tr>
100 DMA<\/td>24,675<\/td>51,724<\/td><\/tr>
200 DMA<\/td>23,841<\/td>50,525<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading positive in the early morning session. Hang Seng closed green at 1.1 pct. While Nikkei grew by 0.5 pct as Japan government plans record budget.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat, while index may see volatility due to monthly expiry of December series.\u00a0 Benchmark Indices slipped slightly on Tuesday led down by IT and Metals.<\/p>\n\n\n\n

Indian ADRs: Infosys (0.0%), ICICI Bank (0.1%) and Dr Reddy’s (1.16%).<\/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>78,472<\/td>-0.1<\/td>8.6<\/td><\/tr>
Nifty<\/td>23,727<\/td>-0.1<\/td>9.2<\/td><\/tr>
Nifty Bank<\/td>51,223<\/td>-0.2<\/td>6.1<\/td><\/tr>
Nifty Midcap 100<\/td>57,057<\/td>-0.1<\/td>23.6<\/td><\/tr>
Nifty Smallcap 100<\/td>18,732<\/td>0.2<\/td>23.7<\/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>-2454<\/td>-291,021<\/td><\/tr>
DII<\/td>2819<\/td>520,061<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u00a0\u00a0Stocks to watch<\/h2>\n\n\n\n

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