{"id":21601,"date":"2025-05-07T09:38:21","date_gmt":"2025-05-07T04:08:21","guid":{"rendered":"https:\/\/www.fintoo.in\/blog\/?p=21601"},"modified":"2025-05-07T09:38:23","modified_gmt":"2025-05-07T04:08:23","slug":"market-morning-notes-for-7th-may-2025","status":"publish","type":"post","link":"https:\/\/blog.fintoo.in\/blog\/market-morning-notes-for-7th-may-2025\/","title":{"rendered":"Market Morning Notes For 7th May 2025"},"content":{"rendered":"\n

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

Global markets<\/strong> – US indices closed negative on Tuesday after trade gap widens. Dow Jones closed lower by 0.9 pct. While Nasdaq closed red by 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>40,829<\/td>-0.9<\/td>-4.0<\/td><\/tr>
Nasdaq<\/td>17,689<\/td>-0.9<\/td>-8.6<\/td><\/tr>
Hang Seng<\/td>22,856<\/td>1.0<\/td>13.9<\/td><\/tr>
Nikkei<\/td>36,813<\/td>-0.0<\/td>-7.7<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Commodities<\/strong> – Gold prices fell and stood at USD 3,387 on US \u2013 China Talks. On the other hand, oil prices rose and stood at USD 62.47\/bbl over more demand from Europe and China.<\/p>\n\n\n\n

Commodities                                                              % Change<\/strong><\/strong><\/td><\/tr>
 <\/td>Last Close<\/strong><\/strong><\/td>1 day<\/strong><\/strong><\/td><\/tr>
Gold ($)<\/td> 3,387<\/td>-1.5<\/td><\/tr>
Silver ($)<\/td>33.09<\/td>-0.4<\/td><\/tr>
Brent Crude ($)<\/td>62.47<\/td>0.7 <\/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>23,174<\/td>51,068<\/td><\/tr>
100 DMA<\/td>23,393<\/td>50,692<\/td><\/tr>
200 DMA<\/td>24,050<\/td>51,162<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Asian markets<\/strong> – Asian markets trading mixed in the early morning trade. Hang Seng trading positive by 1 pct. While Nikkei trading flat.<\/p>\n\n\n\n

Indian Indices<\/strong> – India’s equity benchmarks are likely to open flat as GIFT Nifty indicates. Benchmark indices closed red on Tuesday dragged by heavyweight financials as investors booked profits after recent gains.<\/p>\n\n\n\n

Result Today \u2013 <\/strong>Dabur, MRF, Voltas, Blue Star, Tata Chem<\/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>80,641<\/td>-0.2<\/td>3.2<\/td><\/tr>
Nifty<\/td>24,379<\/td>-0.3<\/td>3.1<\/td><\/tr>
Nifty Bank<\/td>54,271<\/td>-1.2<\/td>6.7<\/td><\/tr>
Nifty Midcap 100<\/td>53,435<\/td>-2.3<\/td>-6.6<\/td><\/tr>
Nifty Smallcap 100<\/td>16,195<\/td>-2.5<\/td>-13.7<\/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>3794<\/td>-134,552<\/td><\/tr>
DII<\/td>-1397<\/td>221,939<\/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