{"id":21350,"date":"2025-02-24T10:18:13","date_gmt":"2025-02-24T04:48:13","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21350"},"modified":"2025-02-24T10:18:14","modified_gmt":"2025-02-24T04:48:14","slug":"market-morning-notes-for-24th-february-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-24th-february-2025\/","title":{"rendered":"Market Morning Notes For 24th February 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US indices fell sharply on Friday led by slump in consumer sentiments and uptick in inflation expectations. Dow tumbled by 1.7 pct while Nasdaq slipped by 2.2 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>43,428<\/td>-1.7<\/td>2.1<\/td><\/tr>
Nasdaq<\/td>19,524<\/td>-2.2<\/td>1.1<\/td><\/tr>
Hang Seng<\/td>23,493<\/td>0.1<\/td>17.1<\/td><\/tr>
Nikkei<\/td>38,776<\/td>0.3<\/td>-2.8<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices increased and stood at USD 2,941 over safe haven commodity demand. On the other hand, oil prices stood at USD 74.42\/bbl amid expectations of resumed exports from Kurdistan\u2019s oilfield.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 2,941<\/td>0.2<\/td><\/tr>
Silver ($)<\/td>32.70<\/td>0.9<\/td><\/tr>
Brent Crude ($)<\/td>74.42<\/td>0.3 <\/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>23,438<\/td>49,895<\/td><\/tr>
100 DMA<\/td>23,925<\/td>50,855<\/td><\/tr>
200 DMA<\/td>24,067<\/td>50,933<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading lower in early morning trade.\u00a0 Hang Seng increased by 0.1 pct. While Nikkei closed higher by 0.3 pct.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open gap down as Gift Nifty indicates. Benchmark indices extended loses on Friday as financial and automobile stocks weighed on sentiment.<\/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>75,311<\/td>-0.6<\/td>-3.6<\/td><\/tr>
Nifty<\/td>22,795<\/td>-0.5<\/td>-3.6<\/td><\/tr>
Nifty Bank<\/td>48,981<\/td>-0.7<\/td>-3.7<\/td><\/tr>
Nifty Midcap 100<\/td>50,486<\/td>-1.3<\/td>-11.7<\/td><\/tr>
Nifty Smallcap 100<\/td>15,636<\/td>-0.7<\/td>-16.7<\/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>-3449<\/td>-124,351<\/td><\/tr>
DII<\/td>2884<\/td>129,193<\/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