Nifty Drops: Market Recap & Key Stock Picks

Nifty Drops: Market Recap & Key Stock Picks

ЁЯУЙ Tuesday, 7th January 2025: Market Recap & Insights ЁЯУИ In today's episode of Indian Market in Minutes from the Motilal Oswal Research Desk, host Shivangi Sarda unpacks global and domestic market moves: ЁЯМН Global Highlights: Strong rally in semiconductor stocks following Foxconn's record revenues. Optimism builds around potential easing of US tariff hikes. ЁЯУК Market Overview: Nifty fell 420 points to close at 23,550, forming a bearish candle. India VIX surged 15.6%, signaling increased volatility. FIIs sold тВ╣2,575 crores, while DIIs bought тВ╣5,750 crores. ЁЯФС Key Insights for Traders: Nifty Trading Range: 23,200тАУ24,200 (immediate support at 23,400; resistance at 23,800). Bank Nifty Outlook: Weakness below 50,250; support at 49,250. ЁЯУМ Top Stock Picks: Bullish: Godrej Consumer Products, Apollo Hospital, SBI Cards, Titan, HCL Tech Bearish: Adani Green, Hind Copper, MCX, JSW Energy ЁЯТб CTA: Follow this podcast for daily market updates, actionable insights, and stock recommendations to level up your trading game! With 30+ years of equity expertise and dedicated advisors at your service, access investing opportunities in 550+ cities across 2200+ locations. ЁЯУв Disclaimer: Investment and securities market are subject to market risks. Read all related documents carefully before investing.

ЁЯУЙ Tuesday, 7th January 2025: Market Recap & Insights ЁЯУИ

In today's episode of Indian Market in Minutes from the Motilal Oswal Research Desk, host Shivangi Sarda unpacks global and domestic market moves:

ЁЯМН Global Highlights:

  • Strong rally in semiconductor stocks following Foxconn's record revenues.
  • Optimism builds around potential easing of US tariff hikes.

ЁЯУК Market Overview:

  • Nifty fell 420 points to close at 23,550, forming a bearish candle.
  • India VIX surged 15.6%, signaling increased volatility.
  • FIIs sold тВ╣2,575 crores, while DIIs bought тВ╣5,750 crores.

ЁЯФС Key Insights for Traders:

  • Nifty Trading Range: 23,200тАУ24,200 (immediate support at 23,400; resistance at 23,800).
  • Bank Nifty Outlook: Weakness below 50,250; support at 49,250.

ЁЯУМ Top Stock Picks:

  • Bullish: Godrej Consumer Products, Apollo Hospital, SBI Cards, Titan, HCL Tech
  • Bearish: Adani Green, Hind Copper, MCX, JSW Energy

ЁЯТб CTA: Follow this podcast for daily market updates, actionable insights, and stock recommendations to level up your trading game!

With 30+ years of equity expertise and dedicated advisors at your service, access investing opportunities in 550+ cities across 2200+ locations.

ЁЯУв Disclaimer: Investment and securities market are subject to market risks. Read all related documents carefully before investing.