Global markets are in flux as US job data sparks inflation fears, but domestic trends offer hope! Discover the key Nifty levels, actionable insights, and top stock picks for January 8, 2025.
In today’s episode of Indian Market in Minutes, host Shivangi Sarda takes you through global market updates and their impact on the Indian market. The US market dipped as inflation concerns persisted, while Asian markets remained mixed. Back home, strong domestic buying and easing FII selling lend some stability to Nifty and Bank Nifty.
Highlights of the day include:
- Nifty's volatile opening and its struggle near the 200-day EMA.
- Actionable trading ranges and key levels for Nifty (23550–23800) and Bank Nifty (49500–50500).
- Insights into FII and DII activity, with DIIs as net buyers worth ₹1615 crores.
- Stocks to watch: Positive setups in BSE, Biocon, and Apollo Hospital, while TCS, LIC Housing, and Ashok Leyland show weakness.
Stay ahead of the curve with our expert analysis, and uncover market trends to make smarter trading decisions.
With 30+ years of equity expertise and dedicated advisors at your service, access investing opportunities in 550+ cities across 2200+ locations.
Follow our podcast for daily trading tips, actionable insights, and expert market analysis. Share this episode with fellow investors to help them make informed decisions!