{"id":21187,"date":"2025-01-23T09:56:56","date_gmt":"2025-01-23T04:26:56","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21187"},"modified":"2025-01-23T09:56:57","modified_gmt":"2025-01-23T04:26:57","slug":"market-morning-notes-for-23rd-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-23rd-january-2025\/","title":{"rendered":"Market Morning Notes For 23rd January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US indices closed higher on Wednesday led by Tech stock rally. Dow closed green by 0.3 pct while Nasdaq closed positive by 1.3 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>44,156<\/td>0.3<\/td>3.8<\/td><\/tr>
Nasdaq<\/td>20,009<\/td>1.3<\/td>3.6<\/td><\/tr>
Hang Seng<\/td>19,858<\/td>0.4<\/td>-1.0<\/td><\/tr>
Nikkei<\/td>39,830<\/td>0.5<\/td>-0.2<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices remain steady and stood at USD 2,751 on softer amid Trump policy uncertainty. On the other hand, oil prices fell in and stood at USD 78.75\/bbl.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,751<\/td>-0.2<\/td><\/tr>
Silver ($)<\/td>30.61<\/td>-0.5<\/td><\/tr>
Brent Crude ($)<\/td>78.75<\/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>23,887<\/td>51,169<\/td><\/tr>
100 DMA<\/td>24,450<\/td>51,557<\/td><\/tr>
200 DMA<\/td>23,978<\/td>50,816<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets opened higher and trading green in early trade. Hang Seng rose 0.4 pct. While Nikkei grew by 0.5 pct, rides tech boost.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to see flat to negative start as Gift Nifty indicates. Benchmark Indices saw high volatility Wednesday but ended day positive led by rally in IT stocks.<\/p>\n\n\n\n

Results Today<\/strong> \u2013 Ultratech, Dr. Reddy, Amber Ent<\/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>76,404<\/td>0.7<\/td>-2.2<\/td><\/tr>
Nifty<\/td>23,155<\/td>-0.6<\/td>-2.1<\/td><\/tr>
Nifty Bank<\/td>48,724<\/td>0.3<\/td>-4.2<\/td><\/tr>
Nifty Midcap 100<\/td>53,113<\/td>-1.3<\/td>-7.1<\/td><\/tr>
Nifty Smallcap 100<\/td>17,172<\/td>-1.6<\/td>-8.5<\/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>-4026<\/td>-60,859<\/td><\/tr>
DII<\/td>3640<\/td>60,830<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Stocks to watch<\/h2>\n\n\n\n

Positive Read through<\/strong><\/p>\n\n\n\n