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US stocks challenged by rising treasury yields while Asian currencies, including the rupee, take a hit against the dollar. 💵📉

Stay on the top of global markets with The Global Bull! 🌍
What caught your eye?
Rising yields
👍
Rupee plunges
👎
Italy’s bond boost ❤️
Fed’s tempered rate cuts
😭
All of the above 🤣


💫 Market Metrics: Weekly Roundup
⭐ Sensex: 78,041.59 ⬇️
⭐ Nifty 50: 23,587.50 ⬇️
⭐ Nifty Bank: 50,759.20 ⬇️
⭐ Nifty Smallcap 100: 18,714.30 ⬇️
⭐ Nifty Midcap 100: 56,960.75 ⬇️


Market Performance Key Takeaways For The Week
🌟 The markets witnessed a dreadful week as key indices fell dramatically and erased the gains of the last four weeks with the benchmark Nifty 50 falling into a bottomless pit, marking a total loss of nearly 5% or 1200 points and closing at 23587.
🌟 While the market sentiment has turned bearish, 23200-23100 could now act as potential support zone while a breach can cause a further downside towards 22800. An intermediate resistance is expected at 23800-24000 followed by stiff resistance in 24150-24300 zone.  
🌟 The market participants are advised to stay cautious, consider the recent developments, and approach the markets with proper risk management and refrain from taking complacent bets for the time being.
🌟 BANKNIFTY endured a brutal week and lost nearly 2000 points or 5%, closing at 50,759. While the overall outlook remains bearish, the participants are advised to use any rebounds toward immediate resistance levels in the 50950-51110 zone to initiate fresh bearish positions. The immediate support is expected in the 50660-50600band and major support zone is anticipated at 49800-49700.
…………………………………………………………………………………………………………
✨ News Highlights For The Week
🌟 Accenture ushers in holiday season with $1.2 billion in Gen AI orders
🌟 Industry pushes for simplified GST structure amid concerns over 35% slab proposal
🌟 Adani Group plans Rs 20K crore super critical thermal power plant in Bihar
🌟 HC upholds tender awarded to Adani Group to redevelop Dharavi slum sprawl
🌟 'India charges a lot': Donald Trump threatens 'reciprocal' tariffs
————————x———————

Disclaimer: https://bit.ly/3usSGoH 
Sources: Angel One Research | Mint | FE | BS | ET | BS |
Date: December 20, 2024
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Friday is here & so are the sectors of the day!

What are your views on the market today? 🤔
It will go up 👍
It will go down 😭
It will be flat 😂


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The market wrap for today is here!📉📈

How was your day?🤔🤔
Good 👍
Bad 😭
Okay okay 😂


Here Are The Sectors Of Today!

The bears are here, but the bull seems missing😱😨

How do you feel the market will open?🤔
Up 👍
Down 👎
Flat 😭
Don't know 😂


The market wrap for today is here!📉📈

How was your day?🤔🤔
Good 👍
Bad 😭
Okay okay 😂




Wednesday is here and so are the bears!😰😰
The bull seems to be missing!😭

Are you excited for this week to end?🤔
Yes 👍
No 👎
Depends on the market 😭
Always excited 😂


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The market wrap for today is here!📉📈

How was your day?🤔🤔
Good 👍
Bad 😭
Okay okay 😂




Tuesday is here, and so is the bull!😍😍

The bear seems to be missing!

What are your views on the market today? 🤔
It will go up 👍
It will go down 👎
It will be flat 😂




Happy monday!♥️💚

Are you excited to trade today?
Yes 👍
No 👎
Totally ❤️
Not at all 😁
Can't wait 🔥


What is the full form of BEL?🧐🙀
Poll
  •   Bharat Electrol Ltd 🤣
  •   Bharat Electronics Ltd 👍
  •   Byculla Electronics Ltd 👎
  •   Don't know 😭
7831 votes


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Learn all about recognizing common candlestick patterns 📈

Understanding these formations is key to decoding market psychology, anticipating trends, and gaining insights 🔥

Do let us know by reacting 👍 if you found this information useful.

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