Nifty last close: 19381.65 (-0.7%)
The Indian equity benchmarks extended the losing streak to a third day on August 3
Nifty was opened 19460 and went to 19540 then dropped to 19300 levels
In the last 30 minutes Nifty spiked from 19300 to 19400
Nifty was down 145 points, or 0.74 percent, at 19,381.70
Sensex was down 542.10 points, or 0.82 percent, at 65,240.68
UPL, Titan Company, Bajaj Finserv, ONGC and ICICI Bank were among the top Nifty losers
The gainers included Adani Enterprises, Eicher Motors, Divis Labs, Infosys
Pharma index gained a percent, while bank, metal, oil & gas and realty were down 1-2% each
Midcap and smallcap indices ended flat
FIIs net sold 317 crore while DIIs net bought 1729 crore on Aug 3
US markets ends lower
Dow doen 0.19%, Nasdaq slipped 0.1% and S&P500 dropped to 0.25%
US VIX sustained around 16
Amazon up 9% in after hours trade as Q2 earnings beat the estimate and strong guidance
Apple slumps 3% in extended trading as Q3 earnings miss estimate
US 10-yield hovers near highest level since Nov at 4.18 ahead of job data
Dollar index sustained around 102.55
Oil price gained about 2% on Thursday as Saudi Arabia and Russia took steps to keep supplies tight into Sept
Brent crude rose 2% to $85.20/bbl
WTI crude settled around $81.50/bbl
Asian markets largely higher
Hangseng up more than 1%
GiftNifty indicates a positive opening for the index
However, Nifty is facing a intraday resistance 19450 and 19510
If breaks and manages above 19510 will try to move 19580
On flip side, Nifty can be considered as supports as 19335 and 19295
If breaks and sustains below 19295 finding a next support around 19200
Updated: 08.48 am / 04th Aug 2023
