04th Dec 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 20267.90 (+0.67%)

The Indian equity market posted solid gains and extended the winning run for the fifth consecutive week
Sensex added 2.29 percent or 1,511.15 points to finish at 67,481.19
Nifty50 gained 473.2 points or 2.39 percent to end at 20,267.90
In the month of November, the BSE Sensex rose nearly 5 percent and Nifty50 rose 5.5 percent
Mid-cap, Large-cap and BSE Small-cap indices added 3 percent, 2.6 percent and 2 percent, respectively
All the sectoral indices ended in the green with BSE Oil & Gas and Power indices added 5.7 percent each
Capital Goods index up 3.6 percent, and BSE Metal index up 3 percent
In this week market witnessed resurgence in FII buying, as they bought Rs 10,593.19 crore
Domestic institutional investors (DIIs) bought equities worth Rs 4,353.55 crore
BJP clean sweeps in MP, Rajasthan, Chhattisgarh
BJP has added two more states – Rajasthan and Chhattisgarh
Bharti Airtel promoter firm Bharti Telecom on Friday bought an additional 1.35 percent stake
Country’s second-largest telecom services provider for Rs 8,301 crore through an open market transaction
Sunil Mittal, holds a majority stake of 50.56 percent
Kross files draft papers with Sebi to raise Rs 500 crore via IPO
US markets ended higher on last Friday
Dow gained 0.82%, Nasdaq added 0.55% and S&P500 rallied 0.60%
S&P500 gained 20% YoY
Dow Recorded gains for 5th straight week
US 10-year yield below 4.3%
Brent Crude falls below $79/bbl
Gold crosses $2140/oz and marked record high
Bitcoin rises above $40000 for the first time this year
Asian markets mixed in early trade
Hangseng up 0.5% and Nikkei down 0.4%
GiftNifty indicates huge gap-up around 250 points

This Week Nifty Trend Decider 20550 and 20000
Today Nifty is facing a intraday resistance 20300 and 20360
If stays above 20360 will try to move 20420 and 20500

On other side, Nifty considering a supports 20240, 20200 and 20130

Updated: 08.53 am / 04th Dec 2023