19th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22055.70 (+0.15%)

The benchmark indices ended on a positive note on March 18
Nifty was opened 22000 then fell to 21907 then bounced to 22100
Finally, Nifty was up 32.40 points or 0.15 percent at 22,055.70
Sensex was up 104.99 points or 0.14 percent at 72,748.42
Tata Steel, M&M, JSW Steel, Tata Motors and Apollo Hospitals were among the top gainers on the Nifty
while losers included Tata Consumer Products, UPL, Infosys, Adani Ports and Titan Company
Among sectors, capital goods, healthcare, auto, realty, metal and media were up 0.5-3 percent
while IT and FMCG shed 0.5-1.5 percent
Midcap and Smallcap indices ended on a flat note
Foreign institutional investors (FIIs) net sold shares worth Rs 2,051.09 crore
while domestic institutional investors (DIIs) bought Rs 2,260.88 crore worth of stocks on March 18
Narayana Murthy gifts 15 lakh shares to his Grandson Ekagrah Murthy
Aditya Birla Sun Life AMC: Promoters to sell up to 11.47% stake in OFS
Tata Steel UK to shut down coke ovens at Port Talbot plant in Wales
Tata Sons to sell 2.3 crore shares in TCS via block deals TCS AT 4,001 RUPEES PER SHARE
The reported price represents a 3.6 percent discount to the last traded price
US markets ended marginally higher on March19
Dow gained 0.20%, Nasdaq rallied 0.82% and S&P500 ended 0.63% higher
US VIX ended 14.3
Tesla soars 6% as company hikes a price hike on some of its EU models
Alphabet up nearly 5% on reports of talks with Apple on AI support
US 10-year yield inches higher to 4.32%
Crude rises 4-month high brent at $87/bbl
Gold rises to $2160/oz
Dollar index rises above 103.5
Asian markets were set to lower opening in early trade
Nikkei down 0.36% and Hangseng down 0.6%

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 22070 and 22100
Above 22100 will try to move 22160

Today Nifty can be considered as supports as 22010 and 21980
Below 21980 will try to move 21920

Updated: 08.59 am / 19th March 2024

18th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22023.35 (-0.56%)

After trading in the green for four weeks in a row, the market ended in the red
In last week, BSE Sensex lost 1,475.96 or 0.99 percent to end at 72,643.43
Nifty50 shed 470.25 points or 2.09 percent to finish at 22,023.30
Smallcap index posted its biggest weekly losses since December 2022 as it plunged 6 percent
Mid-cap Index tumbled 4 percent
Nifty Realty index shed 9.4 percent, Nifty Media index 8.3 percent, Nifty PSU Bank 8 percent
Nifty Metal index fell 6.8 percent while Information Technology index added 1 percent
Foreign institutional investors (FIIs) sold off equities worth Rs 816.91 crore
While their domestic peers (DIIs) continued to support the market, infusing Rs 14,147.5 crore
US GOVT PROBING ADANI GROUP CHAIRMAN GAUTAM ADANI OVER POTENTIAL BRIBERY
General election to be held in 7 phases from April 19 to June 1, results on June 4
India’s February trade deficit widens to $18.71 billion, exports at 11-month high
US markets ended lower on last Friday
Dow fell 0.49%, Nasdaq declined 0.96% and S&P500 dropped 0.65%
Amazon and Microsoft falling 2% each
US 10-year stays around 4.30
Crude sustains above $85/bbl
Gold prices fall below $2150/oz
Asian markets were set to higher opening in early trade
Nikkei up 2% and Hangseng up 0.35%

GiftNifty indicates a flat note for the index
This week trend decider 21800 and 22225
Today Nifty is facing a intraday resistance 22060 and 22080
If stays above 22080 will try to move 22140

On other side, Nifty considering a supports 21980 and 21950
Below 21950 finding a next support around 21900

Updated: 08.49 am / 18th March 2024

18th March 2024 #Banknifty Intraday Levels

Banknifty last close: 46594.10 (-0.42%)

Banknifty weekly trend decider 46200 and 47500
Today Banknifty is facing a intraday resistance 46700 and 46850
If stays above 46850 finding a next resistance 47050

On flip side Banknifty considering a supports 46450 and 46300
Below 46300 will try to check 46050

Updated: 08.40 am / 18th March 2024

15th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22146.55 (+0.68%)

The benchmark indices ended on a positive note on March 14
Nifty was opened 22000 and rallied up to 22200 then ended around 22150
Finally, Nifty was up 149 points or 0.68 percent at 22,146.70
Sensex was up 335.39 points or 0.46 percent at 73,097.28
Top gainers on the Nifty included Adani Enterprises, Adani Ports, Hero MotoCorp
while losers included Axis Bank, IndusInd Bank, Bajaj Finance, Tata Steel
Except for bank, all other sectoral indices ended in the green with telecom, power, oil & gas added 3 percent each
while auto, capital goods, FMCG, Information Technology, healthcare and metal rose 1-2 percent
Midcap index rising 2.2 percent and Smallcap index gaining 3 percent
Foreign institutional investors (FIIs) net sold shares worth Rs 1,356.29 crore
while domestic institutional investors (DIIs) purchased Rs 139.47 crore worth of stocks on March 14
OMCs slash petrol, diesel prices by Rs 2 per litre nationwide
SEBI Board Meeting held on today
Sensex rebalancing will happen today
US retail sales rebound in February; weekly jobless claims fall
US markets ended deep fallen on 14 March
Dow down 0.35%, Nasdaq fell 0.30% and S&P500 ended 0.29%
US VIX shot up 4% to 14.4
Adobe falls around 10% following weak guidance for current quarter
US 10-year rose to 4.30% after strong wholesale inflation data
Spot gold was down 0.6 percent at $2,161.10 per ounce
Brent crude oil futures for May fell 41 cents, or 0.5%, to $85.01 a barrel
Asian markets open in the red
Nikkei down 0.14% and Hangseng down 1.95%

GiftNifty indicates negative opening for the index
Nifty is facing a intraday 22170 ad 22200
If stays above 22200 will try to move 22250

On flip side, Nifty considering a supports 22100 and 22060
Below 22060 finding a next support 22000 and 21920

Updated: 09.02 am / 15th March 2024

15th March 2024 #Banknifty Intraday Levels

Banknifty last close: 46789.95 (-0.41%)

Banknifty is facing a intraday resistance 46900 and 47000
If stays above 47000 will try to move 47200
Stay caution at higher levels!!

Banknifty can be considered supports as 46700 and 46600
Below 46600 finding a next support around 46400

Updated: 08.40 am / 15th March 2024

14th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21997.70 (-1.51%)

The Indian market closed deep in the red on March 17
As broad-based selling and the mid and smallcap meltdown continued for another day
Nifty was opened 214440 then fell to 21905 then ended 21997
Nifty ended 338.00 points, or 1.51 percent, lower at 21,997.70
Sensex was down 906.07 points, or 1.23 percent, at 72,761.89
The biggest Nifty losers included Adani Enterprises, Coal India, Adani Ports, Power Grid
while gainers were ITC, UltraTech Cement, HCL Technologies, Kotak Mahindra Bank
All sectoral indices, except IT, ended in the red
Realty, media, PSU bank, telecom, power, oil & gas and metals down 4-6 percent
Broader indices underperformed the main indices with BSE Midcap index fell 4 percent
Registering steepest fall since December 2021
Smallcap index plunged 5 percent, a major drag since February 2022
Nearly 200 NSE stocks hit 52-week lows & 400 stocks close at lower circuit
Foreign institutional investors (FIIs) net sold shares worth Rs 4,595.06 crore
While domestic institutional investors (DIIs) purchased Rs 9,093.72 crore worth of stocks on March 13
SBI partners with Paytm as the fourth bank for its UPI business
Reliance to buy Paramount’s stake in Viacom18
Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network
Viacom 18 Media for about $517 million
Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV
US markets ended mixed on March 13
Dow gained 0.1%, Nasdaq slipped 0.55% and S&P500 ended 0.19% lower
US 10-year yield rises to 4.19%
Gold prices rise to $2175/oz
The dollar index , which measures the greenback against a basket of six currencies, was mostly flat at 102.77
Brent futures rose $2.11, or 2.6 percent, to settle at $84.03 a barrel
while US West Texas Intermediate (WTI) crude rose $2.16, or 2.8 percent, to settle at $79.72
Asian markets were set to mixed opening
Hangseng down 0.25% and Nikkei at flat note

GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 22050 and 22100
If stays above 22100 will try to move 22170-22200

Nifty considering a supports 21940 and 21900
Below 21900 finding a next support around 21830

Updated: 08.57 am / 14th March 2024