09th Dec 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24677.80 (-0.12%)

The market had a strong week ended December 6
On last week, Sensex rallied 2.39 percent or 1,906 points to close at 81,709
NIfty 50 jumped 2.27 percent or 547 points to 24,678
Nifty Midcap 100 Index rose 4.1 percent and Smallcap 100 index surged 4.5 percent
FIIs net bought Rs 11,934 crore in the cash segment in December
Against Rs 1.6 lakh crore of net selling in October-November
Domestic institutional investors net bought Rs 1,792 crore worth shares in December
Against Rs 1.51 lakh crore of net buying in previous two months
Vodafone Idea board to consider raising as much as Rs 2,000 crore in key meeting today
Flipkart eyes IPO in 12-15 months, prepares to move base to India: Report
Inventurus Knowledge Solutions sets price band of Rs 1,265-1,329 a share for IPO
Global stocks advanced as investors raised their bets on the prospect of a U.S. interest rate cut this month
The S&P 500 and the Nasdaq rose on Friday, up 0.25% and 0.8% respectively
Dow Jones fell 0.28% on Friday
The US 10-Year Treasury was down 23 basis points at 4,14 percent
Dollar index around 106
Asian markets were mixed on a weak tone
Nikkei up 0.25% and Hangseng down 0.23%

Nifty weekly trend decider 24850 and 24300
Today Nifty is facing a intraday resistance 24720 and 24760
Above 24760 will try to move 24850

On other side, Nifty considering a supports 24630 and 24590
Below 24590 finding a next support around 24500

Updated: 08.54 am / 09th Dec 2024

09th Dec 2024 #Banknifty Intraday Levels

Banknifty last close: 53509.50 (-0.18%)

Banknifty weekly trend decider 54000 and 52850
Today Banknifty is facing a intraday resistance 53630 and 53800
If stays above 53800 will try to move 54050

On other side, Banknifty considering a supports 53400 and 53260
Below 53260 finding a next support around 53000

Updated: 08.44 am / 09th Dec 2024

06th Dec 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24708.40 (+1%)

In yet another highly volatile session on December 5
Indian equity market managed to close higher with Nifty closing above 24,700
Continuing the winning run for fifth consecutive session
Sensex was up 809.53 points or 1 percent at 81,765.86
Nifty was up 240.95 points or 0.98 percent at 24,708.40
midcap and smallcap indices ended with marginal gains
Except realty and PSU Bank, all other sectoral indices ended in the green
Information Technology index being the biggest gainer by rising nearly 2%
RBI Governor Shaktikanta Das’ last MPC meet before his term ends may leave the repo as is, cut CRR
Bitcoin retreats from record highs to test sub-$94,000 levels, then rebounds
FIIs bought equities of Rs 8,539.91 crore on December 5
Domestic institutional investors sold equities of Rs 2,303 crore on the same day
The US stocks pulled back slightly but held near record highs ahead of a key U.S. jobs report
The Dow Jones Industrial Average fell 0.55%, to 44,765
S&P 500 dropped 0.19%, to 6,075 and the Nasdaq Composite lost 0.18%
Dollar Index broke below 106
UST 10y yield shed 1 bps to 4.17%
Brent Oil down 0.1% to $72.27
Asian equities tracked a drop in US shares ahead of jobs data
Nikkei down 1% and Hangseng up 1.5%

GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 24760 and 24850
If stays above 24850 finding a next resistance around 24940 and 25050

On other side, Nifty considering a supports 24660 and 24590
Below 24590 finding a next support around 24500 and 24370

Updated: 08.55 am / 06th Dec 2024

06th Dec 2024 #Banknifty Intraday Levels

Banknifty last close: 53603.55 (+0.65%)

Today Banknifty is facing a intraday resistance 53700 and 53830
If stays above 53830 will try to move 54100

On flip side, Banknifty considering a supports 53500 and 53370
Below 53370 finding a next support around 53130

Updated: 08.42 am / 06th Dec 2024

05th Dec 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24467.45

In a highly volatile session on December 4, the Indian market ended on a positive note
Market gains for 4th straight day to register longest gaining streak in 2 months
Sensex was up 110.58 points or 0.14 percent at 80,956.33
Nifty was up 10.30 points or 0.04 percent at 24,467.45
On the sectoral front, auto and FMCG were down 0.7 percent each
while IT and Media were up 0.5 percent each
Realty, PSU Bank gained more than 2 percent each
Midcap index gained nearly 1 percent and smallcap index rose 0.6 percent
Bharat Forge launches QIP, may raise Rs 1,650 crore via equity share sale
ICICI Bank’s three offices searched by Maharashtra GST officials
Bitcoin reaches all-time high of $100,000 on optimism over Trump 2.0
Vodafone Idea to consider up to Rs 2,000 crore fund raise on December 9 through a preferential issue to promoter group
FIIs extended their buying on second day as they bought equities of Rs 1,797 crore on December 4
DIIs also extended their selling as they sold equities of Rs 900 crore on the same day
A US tech stock rally and expectations of lower interest rates boosted global shares
Wall Street’s major stock indexes rallied to record closing highs
The S&P 500 added 0.6% & Nasdaq Composite jumped 1.3%
Dow Jones Industrial Average rose 0.7%, to 45,014
Dollar Index roughly unchanged @ 106.36
US 10-Year Treasury rose 37 basis points at 4.19 percent
Asian markets were set to mixed opening in early trade
Nikkei up 0.54% and Hangseng down 1%

GiftNifty indicates a flat note for the index
Nifty is facing a intraday resistance 24500 and 24550
If stays above 24550 will try to move 24620

On flip side, Nifty considering a supports 24425 and 24390
Below 24390 finding a next support around 24330

Updated: 08.47 am / 05th Dec 2024

04th Dec 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24457.15 (+0.75%)

Bulls further tighten their holding on Dalal Steet
Benchmarks extended the gains on third consecutive session on December 3
Sensex was up 597.67 points or 0.74 percent at 80,845.75
Nifty was up 181.10 points or 0.75 percent at 24,457.15
Among sectors, except FMCG, all other indices ended in the green
Media and PSU Bank indices up more than 2 percent each
The BSE midcap and smallcap indices rose a percent each
RVNL has received a Letter of Acceptance for a project worth Rs 186.76 crore from East Central Railway
Nomura initiates coverage on Oberoi Realty, CLSA has ‘Outperform’ rating on Zomato
FIIs purchased equities of more than Rs 3,600 crore on December 3
while domestic institutional investors sold equities of Rs 250.99 crore
The S&P 500 and Nasdaq eked out record closing highs on Tuesday
The Dow finished slightly lower on the day
The Dow Jones Industrial Average fell 76.47 points, or 0.17%
S&P 500 gained 2.73 points, or 0.05%
Nasdaq Composite gained 76.96 points, or 0.40%
Dollar index inching up 106.50
Treasury 10-year yields edged higher to 4.23%
Brent Oil up 2.5% to $73.65
Asian markets slipped in early trade
Nikkei down 0.45% and Hangseng up 0.15%
Kospi index fell 2% after South Korea’s President Yoon unexpectedly declared an “emergency martial law”

GiftNifty indicates a flat opening the index
Nifty is facing a intraday resistance 24490 and 24525
Above 24525 will try to move 24600

On other side, Nifty considering a supports 24420 and 24385
Below 24385 finding a next support around 24330

Updated: 08.50 am / 04th Dec 2024