03rd Oct 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 25796.90 (-0.05%)

On Tuesday, Nifty was seen slightly volatile and ended flat note
Sensex was down 33.49 points or 0.04 percent at 84,266.29
Nifty was down 13.95 points or 0.05 percent at 25,796.90
Among sectors, buying was seen in media, auto, and IT
while selling was seen in the telecom, power, FMCG, Oil & Gas, and realty sectors
Midcap index was up 0.3 percent, and Smallcap index was up 0.5 percent
SEBI TIGHTENS DERIVATIVE NORMS AS PER THE CONSULTATION PAPER
SEBI RELEASES NEW RULES FOR EQUITY DERIVATIVE SEGMENT
SEBI INCREASES THE MINIMUM TRADING AMOUNT FOR DERIVATIVES FROM 500,000 RUPEES TO 1500,000 RUPEES
SEBI REDUCES EXPIRIES OF DERIVATIVES CONTRACT TO ONE PER EXCHANGE PER WEEK
SEBI ASKS EXCHANGES TO MONITOR INTRADAY POSITION LIMITS FOR EQUITY INDEX DERIVATIVES
UPFRONT COLLECTION OF OPTIONS PREMIUM AND INCREASED MARGINS TO BE EFFECTIVE FEB 2025
SEBI MANDATES ADDITIONAL MARGIN REQUIREMENT OF 2% FOR SHORT OPTIONS CONTRACTS ON DAY OF OPTIONS EXPIRY.
Royal Enfield sales increased by 11% year-on-year to 86,978 units, exceeding analysts’ estimates
Hero MotoCorp two-wheeler major has announced sales of 6.37 lakh units in September 2024
Maruti Suzuki India recorded total sales of 1.84 lakh units in September 2024
ITC Infotech India, a subsidiary of the company, has acquired 100% shares of Blazeclan Technologies for Rs 485 crore
NMDC The company reported iron ore production of 3.04 million tonnes (MT) in September 2024
Coal India production in September fell by 1% to 50.9 million tonnes, compared to 51.4 million tonnes in the same month last year
FIIs extended their selling as they sold equities worth Rs 5,579 crore on October 1
DIIs extended their buying as they bought equities worth Rs 4,609 crore on the same day
The S&P 500 ended little changed on Wednesday
The Dow Jones Industrial Average rose 39.55 points, or 0.09 percent
Nasdaq Composite edged up 14.76 points
The US 10-year Treasury yield rose 30 bps at 3.79 percent
Dollar index rallied from 101 to 101.80
Oil up $75/bbl
Asian markets were set to mixed on Thursday
Nikkei up 2.2% and Hangseng down 4%

GiftNifty indicates a gap down start for the index
Nifty is facing a intraday resistance 25820 and 25850
If stays above 25850 will try to move 25930
Stay caution at higher levels

On other side, Nifty considering a support 25750 and 25710
Below 25710 finding a next support around 25650 thereafter 25530

Updated: 08.55 am / 03rd Oct 2024