03rd Feb 2025 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 23482.15 (-0.11%)

In the volatile session on Budget Day, the Indian equity indices ended on a flat note on February 1
Union Finance Minister Nirmala Sitharaman delivered her eighth consecutive Union Budget
Introducing some tax relief to the lower and middle class
With a major boost to consumption with a fiscal deficit target of 4.4 percent in FY26
At close, the Sensex was up 5.39 points or 0.01 percent at 77,505.96
Nifty was down 26.25 points or 0.11 percent at 23,482.15
FIIs remained net sellers on February 1, as they offloaded equities worth Rs 1,327 crore
while domestic institutionals bought equities worth Rs 824 crore on the same day
US stocks ended lower on Friday
U.S. President Donald Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods
The Dow Jones Industrial Average fell 337.47 points, or 0.75%
S&P 500 lost 30.64 points, or 0.50%
Nasdaq Composite lost 54.31 points, or 0.28%
Indexes registered gains for the month of January
Dow up 4.7%, the S&P 500 up 2.7%, and the Nasdaq up 1.6%
10-year yield at 4.51%
Dollar index surged 110
Asian currencies fell against the US dollar in the early Monday
South Korean Won and Taiwan Dollar leading the losers with a 1 percent fall
followed by the Malaysian Ringgit, Singapore Dollar, and Philippines Peso
Oil prices jumped after US President Donald Trump made good on his threat to impose tariffs
Gold edged lower after President Donald Trump imposed tariffs on imports from Canada, Mexico and China
Asian markets opened lower Monday after US President Donald Trump levied tariffs on Canada, Mexico and China
Nikkei down almost 2% and Hangsend down 1.5%

GiftNifty indicates a negative opening for the index
Nifty this week trend decider 23100 and 23800
Today Nifty is facing a intraday resistance 23520 and 23560
Above 23560 will try to move 23630

On other side, Nifty considering a supports 23440 and 23400
Below 23400 finding a next support at 23330 and 23250

Updated: 08.50 am / 03rd Feb 2025