{"id":21114,"date":"2025-01-06T09:59:13","date_gmt":"2025-01-06T04:29:13","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21114"},"modified":"2025-01-06T09:59:14","modified_gmt":"2025-01-06T04:29:14","slug":"market-morning-notes-for-6th-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-6th-january-2025\/","title":{"rendered":"Market Morning Notes For 6th January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US equity indices rose on Friday on the back of latest manufacturing data and Federal Reserve\u2019s remarks. Dow closed green by 0.8 pct while Nasdaq jumped 1.8 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>42,732<\/td>0.8<\/td>0.4<\/td><\/tr>
Nasdaq<\/td>19,621<\/td>1.8<\/td>1.6<\/td><\/tr>
Hang Seng<\/td>19,768<\/td>0.0<\/td>-1.5<\/td><\/tr>
Nikkei<\/td>39,394<\/td>-1.3<\/td>-1.3<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold trading at USD 2,641 supported by softer dollar. On the other hand, Brent crude gained stood at 76.34 on buoyed by expectations of more stimulus in 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 ($)<\/td> 2,641<\/td>0.1<\/td><\/tr>
Silver ($)<\/td>29.62<\/td>0.2<\/td><\/tr>
Brent Crude ($)<\/td>76.34<\/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>24,140<\/td>51,836<\/td><\/tr>
100 DMA<\/td>24,629<\/td>51,761<\/td><\/tr>
200 DMA<\/td>23,889<\/td>50,652<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets opened marginally higher in early trade Hang Seng rose 0.1 pct While Nikkei trading in red zone, down by 1.3 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open positive as GIFT Nifty indicates. Benchmark Indices tumbled on Friday weighed down by a sell-off in IT and financials.<\/p>\n\n\n\n

Indian ADRs: Infosys (0.1%), ICICI Bank (-1.4%) and Dr Reddy’s (-1.5%).<\/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>79,223<\/td>-0.9<\/td>1.4<\/td><\/tr>
Nifty<\/td>24,004<\/td>-0.8<\/td>1.5<\/td><\/tr>
Nifty Bank<\/td>50,988<\/td>-1.2<\/td>0.3<\/td><\/tr>
Nifty Midcap 100<\/td>57,931<\/td>-0.3<\/td>1.3<\/td><\/tr>
Nifty Smallcap 100<\/td>19,033<\/td>-0.2<\/td>1.4<\/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>-4227<\/td>-4503<\/td><\/tr>
DII<\/td>820<\/td>2533<\/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