Nifty last close: 22338.75 (+1.62%)
On last week Nifty was seen bulls action and ended 1% higher on weekly basis
On March 2, the Nifty 50 surpassed the 22,400-mark for the first time to eventually settle at 22,378
while the Sensex ended up 61 points at 73,806
On last week, Bank index gained 1%, Metal rallied 3% and Auto ended 1.55% higher
Midcap down 0.25% while Smallcap at flat note
Pharma and IT index down nearly 1% on last week
India VIX ended 14.95
FIIs net sold 15962 crore in the month of Feb
While DIIs net bought around 25380 crore
Strong action will continue in the primary market in the week starting March 4
IPOs of RK Swamy, JG Chemicals, Gopal Snacks, VR Infraspace, Sona Machinery,
Shree Karni Fabcom, Koura Fine Diamond Jewellery and Pune e-Stock Broking will open for subscription
On the other hand, Platinum Industries, Exicom Telesystems, Bharat Highways Infrastructure Investment Trust,
Mukka Proteins, Owais Metal and Mineral Processing, Purv Flexipack, and MVK Agro Food Product willl debut exchanges
US markets higher on last Friday
Dow gained 0.23%, Nasdaq rallied 1.83% and S&P500 added 0.8%
NASDAQ Composite indices rose up to 1 percent to close at all-time highs
Gold glitters at 2-month high on hopes of sooner rate cuts
US gold futures settled about 2 percent higher at $2,095.7
OPEC+ maintains production cuts until mid-year; Brent above $84 a barrel
Japan’s Nikkei 225 sets new record high, breaks 40,000-mark
The broader index – Topix also scaled to fresh highs, surpassing the 2,700-mark, up 0.4 percent
Asian markets were set to higher opening in the early morning trades
Nikkei up 0.79%, Topix up 0.16% and Hangseng flat note
GiftNifty indicates positive note for the index
This week Trend decider 22500 and 22050
Today Nifty is facing a intraday resistance 22400 and 22440
If stays above 22440 will try to move 22500
On flip side, Nifty considering a supports 22330 and 22290
Below 22290 will try to check 22240
Updated: 08.57 am / 04th March 2024
