{"id":21191,"date":"2025-01-24T09:56:06","date_gmt":"2025-01-24T04:26:06","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21191"},"modified":"2025-01-24T09:56:07","modified_gmt":"2025-01-24T04:26:07","slug":"market-morning-notes-for-24th-january-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-24th-january-2025\/","title":{"rendered":"Market Morning Notes For 24th January 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US indices closed at record high on Thursday due to positive comments from President Donald Trump. Dow closed higher by 0.9 pct while Nasdaq closed green by 0.2 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>44,565<\/td>0.9<\/td>4.8<\/td><\/tr>
Nasdaq<\/td>20,053<\/td>0.2<\/td>3.8<\/td><\/tr>
Hang Seng<\/td>20,024<\/td>1.6<\/td>-0.2<\/td><\/tr>
Nikkei<\/td>40,192<\/td>0.6<\/td>0.7<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices rose and stood at USD 2,773 after Trump called for an immediate reduction in rate cuts. On the other hand, oil prices rose in and stood at USD 78.19\/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 ($)<\/td> 2,773<\/td>0.3<\/td><\/tr>
Silver ($)<\/td>30.75<\/td>1.2<\/td><\/tr>
Brent Crude ($)<\/td>78.19<\/td>0.4<\/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>23,868<\/td>51,103<\/td><\/tr>
100 DMA<\/td>24,429<\/td>51,528<\/td><\/tr>
200 DMA<\/td>23,981<\/td>50,818<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets opened positive largely tracking global peers. Hang Seng rose 1.6 pct. While Nikkei grew by 0.6 pct as BoJ decision looms.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open positive as Gift Nifty indicates. Benchmark Indices extended their gains on Thursday led by rally in IT stocks and auto stocks.<\/p>\n\n\n\n

Results Today<\/strong> \u2013 EMS, Godrej CP, DLF<\/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>76,520<\/td>0.2<\/td>-2.1<\/td><\/tr>
Nifty<\/td>23,205<\/td>0.2<\/td>-1.9<\/td><\/tr>
Nifty Bank<\/td>48,589<\/td>-0.3<\/td>-4.5<\/td><\/tr>
Nifty Midcap 100<\/td>54,098<\/td>1.9<\/td>-5.4<\/td><\/tr>
Nifty Smallcap 100<\/td>17,364<\/td>1.1<\/td>-7.5<\/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>-5462<\/td>-66,322<\/td><\/tr>
DII<\/td>3712<\/td>64,542<\/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