{"id":21103,"date":"2025-01-01T10:07:09","date_gmt":"2025-01-01T04:37:09","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21103"},"modified":"2025-01-01T10:07:10","modified_gmt":"2025-01-01T04:37:10","slug":"market-morning-notes-for-1st-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-1st-january-2025\/","title":{"rendered":"Market Morning Notes For 1st January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US equity indices ended lower on Tuesday but posted double digit returns in CY2024. Dow closed lower by 0.1 pct while Nasdaq fell 0.9 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>42,544<\/td>-0.1<\/td>12.9<\/td><\/tr>
Nasdaq<\/td>19,310<\/td>-0.9<\/td>28.6<\/td><\/tr>
Hang Seng<\/td>20,059<\/td>0.1<\/td>17.7<\/td><\/tr>
Nikkei<\/td>39,894<\/td>-1.0<\/td>19.2<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold set for strong finish in 2024. Gold has surged more than 27 pct marking best year in last 14 months. On the other hand, Brent crude grew 1 pct as data showing an expansion in Chinese manufacturing.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,623<\/td>-0.0<\/td><\/tr>
Silver ($)<\/td>28.89<\/td>0.0<\/td><\/tr>
Brent Crude ($)<\/td>74.80<\/td>1.0<\/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>24,197<\/td>51,871<\/td><\/tr>
100 DMA<\/td>24,638<\/td>51,725<\/td><\/tr>
200 DMA<\/td>23,867<\/td>50,596<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Hang Seng closed higher at 0.1 pct, following modest losses in the prior session. While Nikkei closed red 1 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are expected to open 1st<\/sup> day of CY25 flat as GIFT Nifty indicates. Benchmark Indices closed CY2024 flat on Tuesday led by drop in IT due to decline in banking stocks and rising US treasury yields continue to hurt emerging markets.<\/p>\n\n\n\n

Indian ADRs: Infosys (-0.8%), ICICI Bank (-0.9%) and Dr Reddy’s (0.5%).<\/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>78,139<\/td>-0.1<\/td>8.2<\/td><\/tr>
Nifty<\/td>23,658<\/td>0.0<\/td>8.8<\/td><\/tr>
Nifty Bank<\/td>50,887<\/td>-0.1<\/td>5.4<\/td><\/tr>
Nifty Midcap 100<\/td>57,153<\/td>-0.1<\/td>23.8<\/td><\/tr>
Nifty Smallcap 100<\/td>18,763<\/td>0.7<\/td>23.9<\/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>-4645<\/td>-302,434<\/td><\/tr>
DII<\/td>4546<\/td>526,545<\/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