05th June 2024 #Nifty Intraday Levels and Post Market Reports

Nifty last close: 21884.50 (-5.93%)

The Dalal Street witnessed a bloodbath on vote counting day on June 4
The Nifty50 index registered the biggest single-day fall since March 23, 2020 (during Covid lockdown crash)
At close, the Sensex was down 4,389.73 points or 5.74 percent at 72,079.05
Sensex tanked 6,234.35 points to low of 70,234.43 during the day
Nifty was down 1,379.40 points or 5.93 percent at 21,884.50
During the day, the Nifty index fell 1,982.45 points and tested a low of 21,281.45
Biggest losers on the Nifty included Adani Ports, Adani Enterprises, ONGC, NTPC and SBI
While gainers were HUL, Nestle, Britannia Industries, Hero MotoCorp and Tata Consumer Products
Except FMCG, all other sectoral indices ended in the red
Realty, Telecom, Metal, Capital Goods, Oil & Gas, Power, PSU Bank 15% down more than 10 percent each
Midcap index shed 8 percent and smallcap index fell nearly 7 percent
Investors’ wealth eroded by around Rs 30 lakh crore
volatility surged with the India VIX jumping 50 percent to above 31, intraday
A huge selling was seen from Foreign institutional investors (FIIs) on June 4
They sold Indian equities worth Rs 12,436.22 crore
while domestic institutional investors also sold equities worth Rs 3,218.98 crore
US stocks ended a shade higher on Tuesday
Dow gained 0.35%, Nasdaq gained marginally 0.15% and S&P500 ended flat note
Data on Tuesday showed that U.S. job openings fell to their lowest level in more than three years in April
The US 10-year Treasury yields rose 22 basis points to 4.33 percent
Dollar index sustained 104.15
Asian markets were set to opened mixed trends
Hangseng up 0.7% and Nikkei down 0.8%

Nifty will be expecting highly volatile during the day
Maybe technical levels and open interest will not work today also
Take care and stay caution at higher levels

Updated: 09.01 am / 05th June 2024