02nd Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21697.45 (-0.13%)

The Indian equity indices ended with little change in the volatile session on February 1
Nifty was opened 21800 and went to 21830 then slipped to 21650
Finally, Nifty was down 28.20 points or 0.13 percent at 21,697.50
Sensex was down 106.81 points or 0.15 percent at 71,645.30
Top Nifty gainers were Maruti Suzuki, Cipla, Eicher Motors, SBI Life Insurance
while losers included UltraTech Cement, L&T, Dr Reddy’s Laboratories, JSW Steel
A mixed trend saw on the sectoral front, with auto, bank, FMCG and power added 0.2-0.8 percent
while capital goods, metal and realty were down a percent each
midcap index shed 0.4 percent, and the smallcap index ended 0.2 percent lower
VIX fell 10% to 14.4
FIIs net sold shares worth Rs 1,879.58 crore
DIIs purchased Rs 872.49 crore worth of stocks on February 1
Bank of England keeps interest rate at 5.25%
US markets ended sharply higher on 01 Feb 2024
Dow gained 0.97%, Nasdaq rallied 1.3% and S&P500 gained 1.25%
Meta jumps 14% in extended trading on earnings beat
Amazon ends 7% higher on strong Q4 earnings report
Apple falls 3% company posts on decline in China sales
US 10-year yield falls below 3.85%
Brent crude futures dropped $1.85, or 2.5 percent, to settle at $78.70 a barrel
Spot gold was up 0.9 percent at $2,054.89 per ounce
Asian markets were set to higher opening on Feb 2
Nikkei up 1% and Hangseng up 1.45%

GiftNifty indicates gap up opening for the index
Nifty is facing a intraday resistance 21740 and 21790
If stays above 21790 finding a next resistance 21850

On other side, Nifty considering a supports 21665 and 21630
Below 21630 will try to check 21580

Updated: 08.48 am / 02nd Feb 2024