6 Things to Know Before Market Opens on November 25, 2024

On Monday, November 25, 2024, the benchmark indices Sensex and Nifty 50 are expected to open on a positive note amid positive global market performance. At 08:07 AM, Gift Nifty was trading up by 0.28% at 24,336.50.

Previous Trading Session 

On November 22, 2024, the Nifty 50 ended 557.35 points or 2.39% closing at 23,907.25, and the Sensex ended 1,961.32 points or 2.54% higher at 79,117.11.

FII and DIIs 

On November 22, 2024, DIIs bought securities worth ₹12,251.72 crore, while FIIs sold securities worth ₹18,263.73 crore.

Put Call Ratio (PCR)

Nifty’s PCR has shifted to 1.15 in the previous session. A PCR ratio below 0.7 or heading toward 0.5 denotes a bearish trend, whereas a ratio above 0.7 or approaching 1 typically suggests a positive sentiment.

The increasing PCR, which is higher than 0.7 or surpasses 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling Call Options is higher than selling Put options, reflecting a bearish mood in the market.

Oil Prices

Oil prices surged nearly 1% on Friday. Brent crude futures climbed 1.3% to close at $75.17 per barrel, while U.S. WTI crude gained 1.6% to settle at $71.24 per barrel.

Asian Markets

Asian markets traded positively on Monday. Japan’s Nikkei 225 climbed 1.61%, with the broader Topix advancing 0.97%. South Korea’s Kospi increased by 1.38%, while the small-cap Kosdaq outperformed with a 2.29% rise. In Hong Kong, the Hang Seng Index edged up 0.34%, whereas mainland China’s CSI 300 remained largely unchanged.

US Markets

On Friday, U.S. markets ended on a high note, with the Dow Jones Industrial Average reaching a record close, marking a strong week for stocks. The blue-chip Dow climbed 426.16 points (0.97%) to close at 44,296.51, achieving its third consecutive positive session and a new all-time high. The S&P 500 advanced 0.35%, extending its winning streak to five days, while the tech-focused Nasdaq Composite gained 0.16%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.