{"id":21167,"date":"2025-01-17T10:15:12","date_gmt":"2025-01-17T04:45:12","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21167"},"modified":"2025-01-17T10:15:14","modified_gmt":"2025-01-17T04:45:14","slug":"market-morning-notes-for-17th-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-17th-january-2025\/","title":{"rendered":"Market Morning Notes For 17th January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – The US indices closed Thursday lower over disappointed retail sales growth. Dow fell by 0.2 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>43,153<\/td>-0.2<\/td>1.4<\/td><\/tr>
Nasdaq<\/td>19,388<\/td>-0.9<\/td>0.1<\/td><\/tr>
Hang Seng<\/td>19,511<\/td>-0.1<\/td>-2.7<\/td><\/tr>
Nikkei<\/td>38,193<\/td>-1.0<\/td>-4.3<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices rose and stood at USD 2,713 supported by Fed rate cut expectations. On the other hand, oil prices rose as over tighter supply.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,713<\/td>0.1<\/td><\/tr>
Silver ($)<\/td>30.81<\/td>0.1<\/td><\/tr>
Brent Crude ($)<\/td>81.38<\/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>24,009<\/td>51,524<\/td><\/tr>
100 DMA<\/td>24,556<\/td>51,691<\/td><\/tr>
200 DMA<\/td>23,951<\/td>50,767<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading mixed in the early trade despite China GDP beat. Hang Seng fell 0.1 pct. While Nikkei closed red by 1.0 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark Indices extended their gain on Thursday led by financials as easing inflation data boosted expectations of rate cuts.<\/p>\n\n\n\n

Results Today<\/strong> \u2013 Wipro, Indian Hotels, Ramkrishna Forgings.<\/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>77,042<\/td>0.4<\/td>-1.4<\/td><\/tr>
Nifty<\/td>23,111<\/td>-0.4<\/td>-2.3<\/td><\/tr>
Nifty Bank<\/td>49,278<\/td>1.1<\/td>-3.1<\/td><\/tr>
Nifty Midcap 100<\/td>54,483<\/td>1.1<\/td>-4.7<\/td><\/tr>
Nifty Smallcap 100<\/td>17,643<\/td>1.7<\/td>-6.0<\/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>-4341<\/td>-43,258<\/td><\/tr>
DII<\/td>2928<\/td>46,794<\/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