01st June 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close : 18534.40 (-0.5%)

On Wednesday, Nifty was seen highly volatile and ended 0.5% down
Nifty was opened 18600 and slipped to 18483 then rallied 18540
Finally Nifty was ended 18534 down 0.5%
Sensex ended 62622 down 346 points
Midcap and Small-cap index ended marginally higher
Auto, IT, Pharma, FMCG, Reality and Media was seen buying pressure
Selling pressure was seen Privatebank, Energy, Metal, PSUBank
India GDP numbers beat expectations and came 6.1% in the last Jan-March
FIIs net bought 3405 crore while DIIs net sold 2528 crore on May 31
US house passes the Debt ceiling bill
US markets ended lower on Wednesday
Dow lost 0.4%, Nasdaq declined 0.62% and S&P500 down 0.6%
Dow slides 3.5% for the month of May
Nasdaq jumped nearly 6%
US 10-year yield slips to 3.65%
Brent back near $73/bbl
Gold prices rise to $1960/oz
Dollar index sustained 104.30
Asian markets mixed in the early trade
Hangseng rises 1% and Nikkei rises 0.3%

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31st May 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 18633.85 (+0.2%)

The Indian benchmark indices ended higher for the fourth consecutive session on May 30
Nifty was opened 18600 and went to 18660 then ended 18633
Sensex rising 122.75 points or 0.20 percent to close at 62,969.13
Nifty up 35.10 points or 0.19percent to end at 18,633.80
Midcap and smallcap indices ended with marginal gains
VIX sustained around 12
VEDL promoter creates pledge on 4.4% equity
In favour of Glencore International on May 25 to borrow $250 million
FIIs net bought 2085 crore while DIIs net sold 438 crore on May 30
VEDL-Foxconn bid for India chip funding is set to be rejected
US futures lower await Debt ceiling deal progress in Washington
US markets ended mixed on Tuesday
Dow down 0.15%, Nasdaq gained 0.3% and S&P500 ended flat note
Nvidia briefly breaks above $1 Tn market-cap
Dollar index sustained around 104
Gold rose 0.8% to $1959/oz
Oil prices fell more than 4% on Tuesday on concerns about US congress will pass the Debt ceiling
WTI was down $4.5% to $69.50/bbl
Brent Crude settled to $73.5/bbl
US 10-year yield falls to 3.65%
Asian markets lower in early trade
Hangseng down 2%, Nikkei down over 1%

SGXNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 18640 and 18660
Above 18660 will try to move 16885

On flip side, Nifty considering a supports 18620, 18600 and 18580
Below 18580 finding a next support around 18520

Updated: 08.42 am / 31st May 2023