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MorningReport 1401

On January 14, 2025, global markets showed mixed results with the S&P 500 gaining slightly while the Nasdaq 100 and several Asian indices declined. The Indian Nifty dropped 1.5% amid concerns over slowing domestic earnings and a record low for the rupee, while U.S. Treasury yields reached a 14-month high. Oil prices rose significantly due to anticipated U.S. sanctions on Russian oil, affecting supply dynamics for buyers in India and China.

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35 views2 pages

MorningReport 1401

On January 14, 2025, global markets showed mixed results with the S&P 500 gaining slightly while the Nasdaq 100 and several Asian indices declined. The Indian Nifty dropped 1.5% amid concerns over slowing domestic earnings and a record low for the rupee, while U.S. Treasury yields reached a 14-month high. Oil prices rose significantly due to anticipated U.S. sanctions on Russian oil, affecting supply dynamics for buyers in India and China.

Uploaded by

Dolabari to Jamuguri 4 Lane Road Project
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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The Morning Note

Jan 14, 2025

Global Markets:
S&P 500 Nasdaq 100 Spot Gold WTI Crude
5,836.2 (0.2%) 20,784.7 (-0.3%) 2,663.2 (-1.0%) 78.8 (2.9%)

DXY Nikkei* Hang Seng* Kospi*


109.5 (-0.1%) 38,469.5 (-1.8%) 19,023.6 (0.8%) 2,487.8 (-0.1%)
In The Previous Session:
• Nifty dropped 1.5% to 23,085.9 after a strong U.S. jobs report hinted at fewer Fed rate cuts, adding to concerns over
slowing domestic earnings.
• Rupee hit a record low of, 86.58 on dollar strength, equity outflows, and limited central bank intervention.
• All the 12 NSE sectors ended in red, with Realty (-6.5%) and Media (-4.5%) leading the losses.
• Market breadth was bearish, with 46 stocks declining, ADANIENT (-6.3%) and BPCL (-4.5%) were the biggest losers,
while AXISBANK (0.8%) and TCS (0.6%) topped the gainers.

Market Snippets:
• S&P 500 gained 0.16% ahead of December inflation data and upcoming bank earnings.
• U.S. Treasury 10-year yields touched 14-month high of 4.80% as a resilient U.S. economy and persistent inflation
prompted investors to weigh the possibility that the Federal Reserve may pause its easing cycle.
• Oil prices rose 2.9% to a four-month high on Monday on expectations that wider U.S. sanctions on Russian oil would
force buyers in India and China to seek other suppliers.
• Gift Nifty futures– trading at 23,274.9, higher by ~140 points.

Stocks and Signals:


Near horizontal support Near horizontal resistance Near trendline support Near trendline resistance
BALRAMCHIN LTTS 360ONE BRITANNIA
EQUITASBNK MARUTI ASTERDM ICICIGI
GICRE SHYAMMETL BAJAJHLDNG
HBLPOWER WIPRO CHALET
JYOTICNC FORTIS
KAYNES FSL
LEMONTREE GILLETTE
NEWGEN HOMEFIRST
VARROC M&M

Sector Movers (Daily Percentage Change)

1 For private circulation only.


Stock Movers (Daily Percentage Change)

Global Movers

Note : *Data as of 8:15 AM IST. Source(s): Bloomberg, LSEG workspace, Axis Securities Research. The above data is for
knowledge purpose of the recipient and not a recommendation . Please read disclaimer at : https://bit.ly/4aXHv6V
2 For private circulation only.

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