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

Nifty last close: 21982.80 (+0.14%)

In a highly volatile session on February F&O expiry day
The Indian benchmarks ended with marginal gains with Nifty finishing at around 22,000 level
Nifty was seen huge swing on Feb series ending day. Seen almost 850 points swing
Finally Nifty was up 31.65 points or 0.14 percent at 21,982.80
Sensex was up 195.42 points or 0.27 percent at 72,500.30
In February expiry, the Nifty50 index rose three percent
However, for the month of February Sensex and Nifty added one percent each
Adani Enterprises, Tata Consumer, M&M, IndusInd Bank and Adani Ports were among the top gainers on the Nifty
while losers were Apollo Hospitals, Bajaj Auto, LTIMindtree, Eicher Motors and UPL
On the sectoral front, except healthcare, all other indices ended in the green
Midcap index added nearly 1 percent and smallcap index rose 0.5 percent
The Union Cabinet approved three semiconductor plant proposa
Two in Gujarat and one in Assam, for an estimated cost of Rs 1.26 lakh crore
India’s GDP growth accelerates to 8.4% in Q3; FY24 growth pegged at 7.6%
India’s core sector growth hits 15-month low of 3.6% in January
India’s April-January fiscal deficit widens to Rs 11.03 lakh cr, 64% of FY24 target
Foreign institutional investors (FIIs) net bought shares worth Rs 3,568.11 crore
While domestic institutional investors (DIIs) sold Rs 230.21 crore worth of stocks on February 29
US markets ended positive on Feb 29
Dow gained 0.12%, Nasdaq added 0.9% and S&P500 rallied 0.52%
Dell jumps more than 18% on better than expected Q4 results
US 10-year yield falls near 2.5%
Dollar index back again 104
Brent crude futures for April delivery, which expires on Thursday, rose 9 cents to $83.77 a barrel
Spot gold was up 0.5 percent at $2,045.59 per ounce
Asian markets were set to higher opening on March 1

GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 22020 and 22040
If stays above 22040 will try to move 22090

On other side, Nifty considering a supports 21950 and 21920
Below 21920 finding a next support around 21870

Updated: 08.50 am / 01st March 2024