{"id":21085,"date":"2024-12-27T10:09:54","date_gmt":"2024-12-27T04:39:54","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21085"},"modified":"2024-12-27T10:09:55","modified_gmt":"2024-12-27T04:39:55","slug":"market-morning-notes-for-27th-december-2024","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-27th-december-2024\/","title":{"rendered":"Market Morning Notes For 27th December 2024"},"content":{"rendered":"\n

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

Global markets<\/strong> – The Dow Jones edged up Thursday, marking its fifth straight gain, despite light trading and pressure on tech megacaps from rising Treasury yields. Dow closed positive by 0.1 pct while Nasdaq fell 0.1 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>43,325<\/td>0.1<\/td>15.0<\/td><\/tr>
Nasdaq<\/td>20,020<\/td>-0.1<\/td>33.4<\/td><\/tr>
Hang Seng<\/td>20,029<\/td>-0.3<\/td>17.5<\/td><\/tr>
Nikkei<\/td>40,074<\/td>1.3<\/td>19.8<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold slipped and stood at USD 2,631 per ounce, reversing previous gains in light holiday trading. On the other hand, Brent crude remains steady as market evaluates expectations of China stimulus measures.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,631<\/td>-0.0<\/td><\/tr>
Silver ($)<\/td>29.84<\/td>0.2<\/td><\/tr>
Brent Crude ($)<\/td>73.26<\/td>0.0<\/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>24,222<\/td>51,902<\/td><\/tr>
100 DMA<\/td>24,641<\/td>51,717<\/td><\/tr>
200 DMA<\/td>23,861<\/td>50,563<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading mix in the early morning session. Hang Seng trading lower at 1.1 pct. While Nikkei grew by 1.3 pct on weak Yen.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark Indices closed flat on Thursday due to lack of triggers and monthly expiry.<\/p>\n\n\n\n

Indian ADRs: Infosys (-0.6%), ICICI Bank (-0.0%) and Dr Reddy’s (-0.6%).<\/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>0.0<\/td>8.6<\/td><\/tr>
Nifty<\/td>23,750<\/td>0.1<\/td>9.2<\/td><\/tr>
Nifty Bank<\/td>51,170<\/td>-0.1<\/td>6.1<\/td><\/tr>
Nifty Midcap 100<\/td>57,170<\/td>0.2<\/td>23.8<\/td><\/tr>
Nifty Smallcap 100<\/td>18,728<\/td>-0.0<\/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>-2367<\/td>-293,389<\/td><\/tr>
DII<\/td>3316<\/td>523,397<\/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