Nifty last close: 24004.75 (-0.76%)
The broader indices gained over a percent each and started the new calendar year by outperforming the main indices
which continued the winning run in second week led by buying in auto and oil & gas stocks and DII support
Last week, BSE Sensex rose 524.04 points or 0.66 percent to close at 79,223.11
while the Nifty50 index added 191.35 points or 0.80 percent to finish at 24,004.75
However, BSE large-cap, mid-cap and small-cap indices rose 1 percent, 1.3 percent and 2 percent
Among sectors, Nifty Auto index surged 4 percent, Nifty Oil & Gas index rose 3.4 percent
while Nifty Energy and FMCG index added 2.4 percent each, while Nifty Realty index shed 2.5 percent
Foreign Institutional Investors (FIIs) sold equities worth Rs 11,041.59 crore
while Domestic Institutional Investors (DII) bought equities worth Rs 9253.7 crore
HDFC Bank Q3 (YoY) Gross advances grow 3% to Rs 25,425 billion Vs Rs 24,693 billion
Deposits soar 15.8% to Rs 25,635 billion Vs Rs 22,140 billion
Bajaj Finance Q3 (YoY) Assets under management grows 28% to Rs 3.98 lakh crore Vs Rs 3.11 lakh crore
Deposits book surges 19% to Rs 68,800 crore Vs Rs 58,008 crore
US stocks rebounded on Friday
Dow Jones Industrial Average rose 339.86 points, or 0.80%
S&P 500 gained 73.92 points, or 1.26%, to 5,942.47
Nasdaq Composite gained 340.88 points, or 1.77%
The US 10-Year Treasury added 53 bps at 4.62 percent
Dollar index sustains around 109
Asian equities fluctuated on Monday after Wall Street snapped a five-day losing streak
Nikkei down 1.25% and Hangseng at flat note
GiftNifty indicates a flat note for the index
This week trend decider 24250 and 23900
Today Nifty is facing a intraday resistance 24040 and 24090
If stays above 24090 will try to move 24160
On flip side, Nifty considering a supports 23965 and 23920
Below 23920 finding a next support around 23850
Updated: 09.02 am / 06th Jan 2025
