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

Nifty last close: 19528.80 (-0.56%)

The Indian equity benchmarks ended lower when the market resumed trading on October 3
Nifty was opened 19550 and fell to 19480 then shot up to 19540
Finally, Nifty was down 109.50 points or 0.56 percent at 19,528.80
Sensex was down 316.31 points or 0.48 percent at 65,512.10
ONGC, Eicher Motors, Hindalco Industries, Maruti among the top losers on the Nifty
The gainers included Titan Company, Bajaj Finance, L&T, Bajaj Finserv and Adani Ports
FMCG, auto, power, metal, and oil & gas were down 0.5-1 percent
The PSU bank index gained 2.3 percent and the capital goods index a percent
midcap index ended flat, while smallcap index rose 0.6 percent
FIIs net sold 2034 crore while DIIs net bought 1360 crore on Oct 3
Abu Dhabi based International Holding Company (IHC) raises stake in Adani Enterprises to over 5%
Bajajfinsv GST notice of Rs 1010 crore
Maruti IT notice of Rs 2159 crore
Heromotoco deliveries of Harley-Davidson from Oct 15
Nestle board meeting on Oct 19 on stock split and dividend
Polyplex to sell 24.3% stake to Dubai based AGP holdco for Rs 1189 crore
US markets slipped further on Oct 3
US Job opening survey showed 9.6m monthly vacancies vs estimate of 8.8m
Dow down 1.29%, Nasdaq fell 1.87% and S&P500 declined 1.37%
Dow records worst session in 6 months
US VIX up 12% to 19.78
US 10-year yield spiked to 4.82
Gold prices near seven month low on Tuesday
Gold prices sustained around $1820/oz
Dollar index traded 0.2% higher to 107.20
Brent crude fell to $90.50/bbl
WTI crude sustained $89/bbl
Asian markets lower in early trade
Kospi and Nikkei falls 2%

GiftNifty indicates a gap down opening for the index
However, Nifty is facing a intraday resistance 19550 and 19570
Above 19570 will try to move 19620
Stay caution at higher levels!!

On flip side, Nifty considering a supports 19500 and 19480
Below 19480 finding a next support around 19430 and 19370

Updated: 08.48 am / 04th Oct 2023