01st Jan 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21731.40 (-0.22%)

The market bounced back from the losses of the previous week and ended the year 2023 on a positive note
For the week, BSE Sensex gained 1,133.3 points or 1.60 percent to close at 72,240.26
Nifty50 jumped 382 points or 1.78 percent to end at 21731.4
However, for the year 2023, BSE Sensex and Nifty50 rose 18.74% and 20%, respectively
Telecommunication, BSE Auto, and BSE Metal sectors each saw a 4% increase
FMCG index rose 3%. However, the BSE Information Technology index dipped by 0.5%
In this week, broader indices also touched fresh record highs with BSE-Midcap, BSE-Largecap and BSE-Smallcap
Foreign institutional investors (FIIs) bought equities worth Rs 8,648.96 crore
Domestic institutional investors (DIIs) also purchased equities worth Rs 666.06 crore
In December, FIIs bought equities worth Rs 31,959.78 crore
While DIIs purchased equities worth Rs 12,942.25 crore
The NSE has added Hindustan Copper to its F&O ban list for January 1
US markets ended flat note on Dec 29 ahead of New Year holidays
Dow down 0.05%, Nasdaq declined 0.56% and S&P500 fell 0.26%
S&P500 rallied 24%, Dow gained 13.5% and Nasdaq rallied 44% in 2023
Dax up 20%, CAC gained 16% and FTSE rallied 4% in 2023
Crude down around 10% in 2023
The Brent contract for March lost 11 cents, or 0.14 percent, to settle at $77.04
The Dollar index traded 0.06 percent lower in futures at 101.32
Spot gold was at $2,062.59 per ounce
Most global and Asian markets to remain shut today

GiftNifty indicates a negative opening for the index
This week Nifty trend decider 21500 and 22000
Today Nifty is facing a intraday resistance 21760 and 21800
If stays above 21800 will try to move 21860

On other hand Nifty considering a supports 21700 and 21670
Below 21670 finding a next support 21620

Updated: 08.54 am / 01st Jan 2024