05th Dec 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 20686.80 (+2.07%)

The market zoomed to new highs with equity benchmarks surging more than 2 percent on December 4
Investors cheered the BJP’s win in three state elections
Sensex was up 1,383.93 points, or 2.05 percent, at 68,865.12
The Nifty gained 418.9 points, or 2.07 percent, to end at 20,686.80
The two indices clocked their biggest single-day gains since October 4, 2022
Except Nifty pharma and media, all sectoral indices ended in the green
BSE midcap and smallcap rose a percent each to test record highs
Foreign institutional investors bought shares worth Rs 2,073.21 crore
While domestic institutional investors purchased Rs 4,797.15 crore worth of stocks on December 4
Fireside likely to sell Rs 230-crore Mamaearth shares in bulk deal today
South Korea’s inflation eased for the first time in four months in November
US stocks ended lower on Monday, interrupting last week’s rally
Megacaps stocks Nvidiya and Intel fell 3%
Alphabet down 2% and Meta down 15%
Dow down 0.11%, Nasdaq down 0.85% and S&P500 fell 0.54%
The dollar index, which tracks the currency against six major peers, rose by 0.54 percent to 103.67
Gold fell more than 2 percent after hitting an all-time high on Monday
Spot gold slipped 2.1 percent to $2,026.69 per ounce
Oil prices fell on Monday on concern about a drop in demand
Brent crude futures settled down 85 cents, or 1.08 percent, at $78.03 a barrel
US West Texas Intermediate crude futures finished down $1.03, or 1.39 percent, at $73.04
Asian indices were trading lower in the early session on Tuesday with Nikkei down 1 percent and Kospi down 0.4 percent

Today’s Nifty supports, resistance levels and open interest data will be sharing my free telegram channel

Click the link https://t.me/FlyingcallsArjun

Updated: 08.50 am / 05th Dec 2023