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

Nifty last close: 21741.90

The Indian equity indices ended the first day of the New Year with little chang
But highly volatile session after hitting fresh record highs
Nifty was rallied almost 120 points up to 3 pm
After 3 pm erased all the gains and ended flat note
Finally, Nifty was up 10.50 points or 0.05 percent at 21,741.90
Sensex was up 31.68 points or 0.04 percent at 72,271.94
Nestle India, Adani Enterprises, Adani Ports, Tech Mahindra and Wipro were among the top gainers on the Nifty
While losers included Eicher Motors, Bharti Airtel, M&M, Bajaj Auto and HDFC Bank
On the sectoral front, healthcare and PSU Bank rose 0.5 percent each
While the bank index shed 0.5 percent
Midcap and Smallcap indices touched fresh record highs of 37,171.97 and 43,094.79
INDIA VIX was Positive by 1.24 percent intraday and settled at 14.68
GST collections climbed 10 percent year-on-year in the last month of 2023 to Rs 1.65 lakh crore
FIIs sold shares worth Rs 855.80 crore
DIIs purchased Rs 410.46 crore worth of stocks on January 1
Global market was shut on Jan 1
Asian markets were set to flat opening on Jan 2
Japan Nikkei were opened almost 0.25% down on Jan 2
Japan’s Nikkei 225 wrapped up 2023 with gains of over 28 percent
making it Asia’s top-performing market
The Brent contract for March lost 11 cents, or 0.14 percent, to settle at $77.04
The Dollar index traded 0.06 percent higher in futures at 101.06
Spot gold was at $2,062.59 per ounce

GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 21770 and 21785
If stays above 21785 will try to move 21840

On other side, Nifty considering a supports 21700 and 21670
Below 21670 finding a next support around 21620

Updated: 08.42 am / 02nd Jan 2024