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January 6–10, 2025
Markets Juggle Between Macro Data & Global Uncertainty!
PMI Stays Strong: December’s Services PMI rose to 60.8, marking the fastest pace of growth since August, signaling strong demand.
GDP Expectations: India remains the fastest-growing economy with 2023-24 GDP revised to 8.2%. All eyes are on 2024-25's preliminary figures.
Global Tensions: Rising oil prices and restrictive US monetary policies keep market sentiments cautious.
FOMC Insights Awaited: Fed minutes will reveal clues on the interest rate trajectory for 2025.
📅 Key Events This Week
Day | Event | Details |
|---|---|---|
Monday, Jan 6 | Services PMI Final Data | Final PMI data confirmed strong growth, with composite PMI rising to 60.7 in December 2024. |
Tuesday, Jan 7 | Preliminary GDP Data | India’s 2024-25 GDP growth estimates are to be unveiled, with 2023-24 GDP revised upward to 8.2%. |
Wednesday, Jan 8 | EIA Crude Oil Stock Change | Updates on US crude inventories to provide insights into global oil supply dynamics. |
Thursday, Jan 9 | FOMC Minutes Release | Fed minutes to offer clarity on 2025’s interest rate expectations after December’s rate cut. |
US Initial Jobless Claims | Jobless claims data to show labor market strength amid tight economic conditions. | |
Friday, Jan 10 | India Industrial Production (IIP) | November IIP data to reflect industrial growth trends following a 3.5% rise in October. |
💡 Sector Highlights
Services Sector: PMI growth highlights resilient demand and robust economic activity.
Energy: Rising oil prices and US crude stock changes remain critical for energy markets.
Manufacturing & Industry: Industrial production data could set the tone for mid-quarter economic expectations.
📊 Important Observations & Market Sentiments
Global Concerns: Rising oil prices and restrictive US policies affect market optimism.
Earnings Season Ahead: Investors await corporate earnings announcements to drive market direction.
Domestic Momentum: Strong PMI data and RBI’s optimism on growth counter global headwinds.
🤔 DO YOU KNOW?
India's Composite PMI of 60.7 in December 2024 marked one of the best performances in recent years, reflecting robust business activity and consumer demand across industries.
📉 Stocks to Focus On
Reliance Industries: Benefiting from oil price trends and robust telecom growth.
ICICI Bank: Positioned well amid improving credit growth and robust financial performance.
TCS: Slips on weak global tech sentiment, offering a potential buy-the-dip opportunity.
📜 Summary
The week balances strong domestic growth indicators and global uncertainties like oil prices and restrictive monetary policies. India’s resilient PMI data and RBI’s optimism provide hope for sustained growth, while investors await corporate earnings and macroeconomic clarity. Summary
Stay Informed, Stay Ahead 🚀
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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.