16th April 2024 #Nifty Intraday Levels and Pre-market reports
Nifty last close: 22272.50 (-1.1%)
The Indian equity indices extended losses for the second consecutive session on April 15
Nifty was opened 22350 then fell to 22360 again shot up to 22400 then erased the intraday rally
Finally, Nifty was down 246.90 points, or 1.10 percent, at 22,272.50
Sensex was down 845.12 points, or 1.14 percent, at 73,399.78
Biggest losers on the Nifty included Shriram Finance, Wipro, Bajaj Finance, ICICI Bank
while gainers were ONGC, Hindalco Industries, Maruti Suzuki, Nestle
Among sectors, except oil & gas and metal, all sectoral indices ended in the red
midcap and smallcap indices were down 1.5 percent each
VIX shot up 8% to 12.50
IMD SAYS INDIA’S MONSOON RAINFALL SEEN ABOVE NORMAL IN 2024
CRISIL EXPECTS RBI TO INITIATE REPO RATE CUTS FROM MID-2024
WPI INFLATION YOY ACTUAL: 0.53% VS 0.20% PREVIOUS FORECAST 0.7%
Foreign institutional investors (FIIs) net sold shares worth Rs 3,268 crore
while domestic institutional investors (DIIs) purchased Rs 4,762.93 crore worth of stocks on April 15
Life Insurance Corporation hikes stake in Hindustan Unilever
The stake was increased from 4.99 percent to 5.01 percent, according to the filing
US markets ended sharply lower on April 15
Dow down 0.65%, Nasdaq declined 1.78%, S&P500 fell 1.2%
S&P500 fell more than 100 points from day’s high
Dow down 2000 points from recent high
US VIX up 11% to 19.23
Goldman Sachs beats estimates and stock up 2.9%
Tesla falls 2.8% post reports of layoff in global workforce
Gold near record high $2385/oz
The U.S. dollar index touched 106.27, the highest since Nov. 2
Brent futures for June delivery rose 46 cents, or 0.5%, to $90.56 a barrel
China Q1 GDP above estimates at 5.3% YoY vs Estimate of 4.8%
Asian markets were set to sharply lower opening
Nikkei down 2% and Hangseng down 1.5%
GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 22300 and 22350
If stays above 22350 will try to check 22400
On flip side, Nifty considering a supports 22240 and 22200
Below 22200 finding a next support around 22140 and 22050
Updated: 08.54 am / 16th April 2024
16th April 2024 #Banknifty Intraday Levels
Today’s Banknifty intraday levels and open interest data will be sharing to my free telegram channel
Free Telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.42 am / 16th April 2024
15th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22519.40 (-1.03%)
The Indian market continued the record run in the truncated week ending April 12
On last week, Nifty50 index hit a fresh all-time high of 22,775.7 on April 10 but closed flat at 22,519.40
However, the BSE Sensex also touched its record high level of 75,124.28 on April 9 but ended on flatline at 74,244.90
The BSE Small-cap index ended with marginal losses & BSE Mid-cap Index ended with no change
The BSE Large-cap Index ended on a flat note
Among sectors, Nifty Pharma index down 2 percent, Nifty PSU Bank, and Media indices shed 1.5 percent each
However, Nifty Metal index was up 3 percent, Nifty Realty index added 1.5 percent
FIIs increased their selling in this week as they sold equities worth of Rs 6,526.71 crore
DII bought equities worth Rs 12,232.61 crore
TCS Q4 net profit rises 9% to Rs 12,434 cr, firm declares final dividend of Rs 28 per share
India’s retail inflation eases to a 10-month low of 4.85% in March
India’s February IIP grows at 5.7% from 3.8% a month back
Japan’s MUFG, SMBC weigh majority stake buyout in Yes Bank
US markets ended sharply lower on last Friday
Dow fell 1.24%, Nasdaq declined 1.62% and S&P500 down 1.46%
US VIX rose 16% to 17.31
JpMorgan falls more than 6% after weak guidance for the year
US 10-year sustained 4.5%
Bitcoin down by 7.9% to $61,842
Gold prices rose above $2,400 per ounce to an all-time high on Friday
Brent futures for June delivery fell 24 cents to $90.21 a barrel
Asian markets were set to lower opening
Nikkei down 1% and Hangseng declined 0.5%
GiftNifty indicates a negative opening for the index
Nifty weekly trend decider is 22300 and 22775
Today Nifty is facing a intraday resistance 22560 and 22600
Above 22600 finding a next resistance 22660
On flip side, Nifty considering a supports 22450 and 22400
Below 22400 finding a next support around 22330
Updated: 08.54 am / 15th April 2024
15th April 2024 #Banknifty Intraday Levels
Banknifty last close :48564.55 (-0.86%)
This week Banknifty trend decider 48400 and 49000
Today Banknifty is facing a intraday resistance 48630 and 48700
Above 48700 will try to move 48850
On other side, Banknifty condering a supports 48480 and 48400
Below 48400 finding a next support around 48250
Updated: 08.32 am / 15th April 2024
12th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22753.80 (+0.49%)
On Wednesday Nifty was seen range with positive bias
Finally, Nifty was up 111 points, or 0.49 percent, at 22,753.80
Sensex was up 354.45 points, or 0.47 percent, at 75,038.15
Nifty Midcap 100 and Bank Nifty also touched their respective record highs in today’s session
Except pharma, all other sectoral indices ended in the green
Media, PSU Bank, FMCG, metal, oil & gas stocks were up 1-2 percent
March SIP inflows at ?19,271 Cr vs ?19,187 Cr (MoM)
Smallcap mutual funds saw outflows for the first time in 30 months in March
Smallcap funds saw a net outflows of Rs 94 crore in March against net inflows of Rs 2,922.45 crore in February
The last time smallcap funds saw net outflows, of Rs 249 crore, was in September 2021
Inflows into midcap funds slumped 44 percent to Rs 1,018 crore against net investments of Rs 1,808.18 crore in February
Largecap funds as inflows into the category jumped 131 percent to Rs 2,128 crore in March
Foreign institutional investors (FIIs) net bought shares worth Rs 2,778.17 crore
while domestic institutional investors (DIIs) purchased Rs 163.36 crore worth of stocks on April 10
India’s largest IT services company TCS is going to announce earnings for the fourth quarter on April 12
US markets was seen highly volatile in last two days
On Wednesday US ended huge selling pressure and fell 1% in frontline indices after CPI inflation
On Thursday The Producer Prices index (PPI) came in softer than expected
Supporting the narrative that price growth is still cooling
Dow ended flat note, Nasdaq gained 1.7% and S&P500 rallied 0.8%
US VIX fell 8% to 14.9
Apple rises 4.3% after the positive report from company
Nvidia ends 4% higher and Amazon jumps all time high
US 10year yield rises above 4.5%
Crude rises above $90/bbl
Gold hits all time high $2385/oz
Dollar index above 105
ECB holds rates at record highs, signals upcoming cut
Asian markets open mixed and Hangseng down 2%
GiftNifty indicates slightly negative for the index
Nifty is facing a intraday resistance 22780 and 22810
If stays above 22810 will try to check 22860
On flip side, Nifty considering a supports 22725 and 22700
Below 22700 finding a next support around 22640
Updated: 08.54 am / 12th April 2024
12th April 2024 #Banknifty Intraday Levels
Banknifty last close: 48986.60 (+0.53%)
Today Banknifty is facing a intraday 49100 and 49200
If stays above 49200 will try to move 49350
On flip side, Bankifty considering a supports 48900 and 48800
Below 48800 finding a next support 48650
Updated: 08.34 am / 12th April 2024
10th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22642.75 (-0.1%)
Indian benchmark indices the Sensex and the Nifty scaled fresh lifetime highs on April 9
But failed to hold on the gains as profit booking ahead of the release of key inflation figures for India and the US
Finally, The Nifty also pared to slipped from its new peak of 22,768.40 to close 24.50 points, or 0.11 percent lower, at 22,641.80
Sensex settled 58.80 points, or 0.08 percent, lower at 74,683.70
Top Nifty gainers were Apollo Hospitals, Hindalco, ICICI Bank and Infosys
while losers were Titan Co, Hero MotoCorp, Coal India and Reliance Industries
As for sectors, auto, capital goods, FMCG, energy, infra, oil and gas and pharma closed with 0.3-1 percent losses
while banks, metals and realty indices were rose 0.3-1 percent
midcap index also slipped 0.5 percent and the smallcap index shed 0.2 percent
ICICI Lombard enters into a strategic partnership with Policybazaar
Skymet is expected to see a ‘normal monsoon’ in 2024
Hinduja Group’s IIHL acquires 60% stake in Invesco India Asset Management
Vendanta gets an upgrade by CLSA
Foreign institutional investors (FIIs) net sold shares worth Rs 593.20 crore
while domestic institutional investors (DIIs) bought Rs 2,257.18 crore worth of stocks on April 9
US markets ended flat note ahead of US CPI reading
US 10-year yield at 4.35%
Crude falls below $90/bbl
Gold sustains near record high $2350/oz
Asian markets mixed in early trade
GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 22675 and 22700
If stays above 22700 will try to check 22740
On other hand, Nifty considering a supports 22620 and 22590
Below 22590 finding a next support around 22540
Updated: 08.42 am / 10th April 2024