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
10th April 2024 #Banknifty Intraday Levels
Banknifty last close: 48730.55 (+0.31%)
Today Banknifty is facing a intraday resistance 48800 and 48880
If stays above 48880 will try to move 49050
On other side, Banknifty can be considered as supports as 48650 and 48580
Below 48580 finding a next support around 48450
Updated: 08.22 am / 10th April 2024
09th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22666.30 (+0.68%)
The benchmark Nifty 50 and the 30-stock Sensex opened higher and sustained gains to scale fresh record highs on April 8
Nifty was opened 22600 and rallied to 22697 on April 8
Sensex was up 494.28 points or 0.67 percent at 74,742.50
Nifty 50 was up 152.60 points or 0.68 percent at 22,666.3
Top Nifty gainers were Mahindra & Mahindra, Eicher Motors, Maruti Suzuki
while losers were Wipro, LTIMindtree, Adani Ports, Nestle India and Apollo Hospitals
As for other sectors, auto, energy, infra, metal and realty were the top gainers, up 1-2 percent
while the PSU bank, information technology and media indices were down 0.5-1 percent
midcap and smallcap indices ended the day with marginal gains
More than six years after making a big-bang entry into Axis Bank
Bain Capital is all set to make a complete exit from the private sector lender
US private equity major looks to dilute its balance stake and launch a fresh block deal of around $430 million
Maybe offer price range is Rs 1,071 – Rs 1,076.05 per share, a discount of 0 percent to 0.47 percent
Tata Motors’ JLR records 11% sales growth in Q4FY24
Foreign institutional investors (FIIs) net sold shares worth Rs 684.68 crore
while domestic institutional investors (DIIs) bought Rs 3,470.54 crore worth of stocks on April 8
US markets ended flat note on April 8
US 10-year yield steady around 4.4%
Crude rises above $90/bbl amid geopolitical tensions
Gold hits record high for 7th straight session on demand
Bitcoin above $72000
Asian markets were set to higher opening in early trade
GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22700 and 22740
If stays above 22740 finding a next resistance around 22800
On other hand, Nifty considering a supports 22625 and 22585
Below 22585 finding a next support around 22530
Updated: 08.49 am / 09th April 2024
09th April 2024 #Banknifty Intraday Levels
Today’s Banknifty supports, resistance levels and open interest data will be sharing to my free telegram channel.
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.37 am / 09th April 2024
