{"id":21596,"date":"2025-05-06T09:39:45","date_gmt":"2025-05-06T04:09:45","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21596"},"modified":"2025-05-06T09:39:47","modified_gmt":"2025-05-06T04:09:47","slug":"market-morning-notes-for-6th-may-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-6th-may-2025\/","title":{"rendered":"Market Morning Notes For 6th May 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US indices closed lower on Monday over US Service sector growth data. Dow Jones closed lower by 0.2 pct. While Nasdaq closed red by 0.7 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>41,218<\/td>-0.2<\/td>-3.1<\/td><\/tr>
Nasdaq<\/td>17,844<\/td>-0.7<\/td>-7.6<\/td><\/tr>
Hang Seng<\/td>22,628<\/td>0.6<\/td>12.8<\/td><\/tr>
Nikkei<\/td>36,830<\/td>0.3<\/td>-7.7<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices rose and stood at USD 3,358 as global uncertainties spurted demand, On the other hand, oil prices rose and stood at USD 61.10\/bbl on Mideast tension.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 3,358<\/td>0.8<\/td><\/tr>
Silver ($)<\/td>32.90<\/td>1.6<\/td><\/tr>
Brent Crude ($)<\/td>61.10<\/td>1.3 <\/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>23,146<\/td>50,966<\/td><\/tr>
100 DMA<\/td>23,396<\/td>50,685<\/td><\/tr>
200 DMA<\/td>24,051<\/td>51,152<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading higher in the early morning trade. Hang Seng trading positive by 0.6 pct. While Nikkei closed positive by 0.3 pct on Friday.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark indices closed higher on Monday buoyed by a decline in global crude prices that lifted energy-related stocks.<\/p>\n\n\n\n

Result Today \u2013 <\/strong>Godrej CP, Bank Baroda, BSE, Polycab<\/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>80,796<\/td>0.4<\/td>3.4<\/td><\/tr>
Nifty<\/td>24,461<\/td>0.5<\/td>3.5<\/td><\/tr>
Nifty Bank<\/td>54,919<\/td>-0.4<\/td>8.0<\/td><\/tr>
Nifty Midcap 100<\/td>54,675<\/td>1.8<\/td>-4.4<\/td><\/tr>
Nifty Smallcap 100<\/td>16,609<\/td>1.0<\/td>-11.5<\/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>497<\/td>-138,346<\/td><\/tr>
DII<\/td>2788<\/td>223,337<\/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