04th Jan 2024 #Nifty intraday levels and pre-market reports

Nifty last close: 21517.35 (-0.69%)

Domestic equities came under selling pressure for the second day as the benchmark indices logged losses on January 3
Nifty was opened 21640 then fell to 21500 and finally ended 21577
The Sensex fell 535.88 points, or 0.75 percent, to end the day at 71,356.60
Nifty closed 148.50 points, or 0.69 percent, lower at 21,517.30
Broader market indices outperformed with Nifty Smallcap 100 ending flat and Nifty Midcap adding 0.3%
Nifty Realty was the biggest gainer, up 1.23 percent
Nifty PSU Bank and Nifty Pharma were other top gainers
Nifty IT and Nifty Metal plunged sharply
Foreign institutional investors (FIIs) sold shares worth Rs 666.34 crore
while domestic institutional investors (DIIs) offloaded Rs 862.98 crore worth of stocks on January 3
Adani Group stocks cool off but hold gains after SC dismisses petitions on Adani-Hindenburg case
Vedanta Q3 update: Mined metal output up 7% YoY, saleable silver up 22%
SoftBank-backed Unacademy’s losses shrink 41% in FY23, revenue growth slows
Jio Financial-BlackRock and Abira Securities file for mutual fund license with SEBI
US markets ended sharply lower on Jan 3
US down 0.75%, Nasdaq fell 1.18% and S&P500 declined 0.8%
Nasdaq Composite fell for a fourth straight trading day
Apple and Nvidia ends lower 1%
US 10-yield falls to 3.93%
FOMC meet minutes indicates uncertainty over timeline of rate cuts in 2024
Brent crude rose 93 cents, or 1.23 percent, to trade at $76.82 a barrel
The Dollar index traded 0.06 percent lower in futures at 102.60
Spot gold was down 1.2 percent to $2,033.85 per ounce
Asian markets open lower on Jan 4
Nikkei falls 1% and Hangseng down around 0.5%

GiftNifty indicates flat note for the index
Nifty is facing a intraday resistance 21550 and 21575
If stays above 21575 will try to move 21625

On flip side, Nifty considering a supports 21485 and 21465
Below 21465 finding a next support around 21420

Updated: 08.52 am / 04th Jan 2024