Welcome to today’s “What will move the Market” show. I'm your host Prem. It’s Wednesday, December twenty-fourth, two thousand twenty-five, and here is everything you need to know as the markets open for today.

Starting with the Wall Street Overnight Recap, US markets delivered a strong performance yesterday, driven by a better-than-expected GDP report and optimism surrounding the Santa Claus rally. The S&P Five Hundred climbed to a fresh record high, adding thirty-one points to close at six thousand nine hundred ten. The Dow Jones Industrial Average advanced roughly eighty points to finish at forty-eight thousand four hundred forty-two, while the tech-heavy Nasdaq Composite gained one hundred thirty-three points to end at twenty-three thousand five hundred sixty-two. The rally was broad-based, with major tech and AI stocks leading the charge, although trading volumes were lighter ahead of the holiday. Remember, US markets will close early today at one PM Eastern time for Christmas Eve.

Moving to Indian ADR Performance, INFY is down 3%, HDFC Bank is flat, ICICI 0.53% up and Reliance GDR -0.42%, suggesting a tepid market for India.

Shifting to Asian Markets and the Gift Nifty, the region is trading with a positive bias this morning. The Nikkei in Japan is trading firm around forty-three thousand two hundred fifty, while the Hang Seng in Hong Kong is hovering near twenty-five thousand seven hundred seventy. The Shanghai Composite is holding steady above three thousand nine hundred twenty. Most importantly for us, the Gift Nifty is currently trading at twenty-six thousand two hundred thirty-nine, up by about thirty-six points, indicating a flat to positive start for the Indian market this morning.

In Key Global News and Geopolitics, sentiment is being aided by the robust US GDP data released yesterday, which has eased fears of an economic slowdown. However, keep an eye on crude oil volatility as tensions involving Venezuela and potential supply disruptions are back in the headlines.

Coming to Indian Market Headlines and Pre-Open Cues, domestic sentiment remains buoyant after Nifty closed above twenty-six thousand one hundred seventy yesterday. We are seeing sustained buying in the financial services sector, which is likely to continue today given the HDFC Bank ADR cue. The RBI has maintained a watchful stance on liquidity, but the overall credit growth numbers remain supportive.

Looking at Technical Levels and Trading Setups, the Nifty Fifty has immediate support at twenty-six thousand one hundred, with strong buying interest likely emerging around twenty-six thousand. On the upside, resistance is placed at twenty-six thousand three hundred; a sustain above this could trigger a fresh breakout toward twenty-six thousand five hundred. For Bank Nifty, the key support level to watch is fifty-seven thousand two hundred, with resistance near fifty-seven thousand eight hundred.

In the Commodity Market Summary, we are seeing some interesting moves. Brent crude oil is trading soft around sixty-two dollars per barrel, which is a net positive for the Indian economy. However, the big story is precious metals. Gold has hit a new record high, trading around three thousand forty-five dollars an ounce, while Silver is firm at thirty-four point three three dollars. These moves in bullion reflect some underlying safe-haven demand despite the equity rally.

Finally, for your Actionable Idea or Day Plan, the trend remains buy-on-dips, especially with the Gift Nifty indicating a steady start. The "Santa Claus Rally" theme is playing out globally, so staying with established leaders in banking and consumption seems prudent. Be cautious with IT stocks early on due to the ADR drag, but look for stability before entering. As always, manage your risk strictly as volumes may be lower due to the holiday season.