{"id":21124,"date":"2025-01-07T10:10:19","date_gmt":"2025-01-07T04:40:19","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21124"},"modified":"2025-01-07T10:10:20","modified_gmt":"2025-01-07T04:40:20","slug":"market-morning-notes-for-7th-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-7th-january-2025\/","title":{"rendered":"Market Morning Notes For 7th January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – The S&P 500 and the Nasdaq Composite closed green on Monday led by rally in certain chipmaker and technology stocks. Dow closed red by 0.1 pct while Nasdaq jumped 1.2 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>42,706<\/td>-0.1<\/td>0.4<\/td><\/tr>
Nasdaq<\/td>19,864<\/td>1.2<\/td>2.9<\/td><\/tr>
Hang Seng<\/td>19,318<\/td>-1.9<\/td>-3.7<\/td><\/tr>
Nikkei<\/td>40,264<\/td>2.4<\/td>0.9<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold trading at steady USD 2,638. On the other hand, oil prices trading slightly lower, Brent crude gained stood at 76.15.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,638<\/td>0.1<\/td><\/tr>
Silver ($)<\/td>29.96<\/td>0.1<\/td><\/tr>
Brent Crude ($)<\/td>76.15<\/td>-0.1<\/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>24,115<\/td>51,805<\/td><\/tr>
100 DMA<\/td>24,618<\/td>51,759<\/td><\/tr>
200 DMA<\/td>23,907<\/td>50,688<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading mixed amid global cues. Hang Seng slipped 1.9 pct While Nikkei trading in positive zone, up by 2.4 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark Indices slipped on Monday led by weaker than expected Q3 business updates and fear of HMPV Virus<\/p>\n\n\n\n

Indian ADRs: Infosys (0.5%), ICICI Bank (0.5%) and Dr Reddy’s (-0.1%).<\/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>77,964<\/td>-1.6<\/td>-0.2<\/td><\/tr>
Nifty<\/td>23,616<\/td>-1.6<\/td>-0.1<\/td><\/tr>
Nifty Bank<\/td>49,922<\/td>-2.1<\/td>-1.8<\/td><\/tr>
Nifty Midcap 100<\/td>56,366<\/td>-2.7<\/td>-1.5<\/td><\/tr>
Nifty Smallcap 100<\/td>18,425<\/td>-3.2<\/td>-1.8<\/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