05th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22405.60 (+0.12%)

The market closed higher for the fourth straight session on March 4
Nifty was opened 22400 and travelled around 40-60 points on entire day
Finally, Nifty ended at 22405.60 up 0.12%
The Sensex ended at 73,872.29, up 0.09%, or 66.14 points
NTPC, HDFC Life, PowerGrid Corp, ONGC and Bharat Petroleum Corp were among the top Nifty gainers
The big losers were Eicher Motors Ltd, JSW Steel, SBI Life, Mahindra & Mahindra, and Britannia
BSE midcap rose 0.3 percent, while the smallcap index lost 0.8 percent
Among sectoral indices, Nifty oil & gas rose 1.8 percent, while Nifty bank and PSU indices were up 0.3 percent each
Moody’s raises India’s 2024 #GDP growth estimate to 6.8% from 6.1%
BHEL says have not received any order from NTPC regarding the Singrauli Super Thermal Power Project
TATA MOTORS: CO TO DEMERGE ITS BUSINESSES INTO TWO SEPARATE LISTED COMPANIES
Power Grid board approves fund raising up to ?1,200 cr via NCDs
Indiabulls Housing Finance repays debt worth ?1,249 crore related to bond issue
RBI asks IIFL Finance to stop giving fresh gold loans
SBI seeks extension till June 30 from SC to disclose details of electoral bonds
Macrotech Developers launches QIP issue with floor price at Rs 1,129.48 per share
Foreign institutional investors (FIIs) net sold shares worth Rs 564.06 crore
while domestic institutional investors (DIIs) bought Rs 3,542.87 crore worth of stocks on March 4
Wall Street stocks closed lower on Monday, backing away from record highs
Dow dropped 0.25%, Nasdaq declined 0.41%, and S&P50 fell 0.12%
Nvidia and Super Micro Computer up more than 3% and 18%
Apple falls 2.5%
Tesla slips more than 7% following new price discounts
US 10-year yield sustains 4.2% ahead of Fed Chair Testimony
Crude falls below $83/bbl
Gold rises above $2100/oz
Bitcoin continues 2-year rally and breaks $68000 and closer to all time high
Asian markets open lower
Hangseng down 1% and Shanghai flat note
China GDP targets of 2024 growth around 5%

GiftNifty indicates a flat note for the index
Nifty is facing a intraday resistance 22420 and 22450
If stays above 22450 will try to move 22500

On flip side, Nifty considering a supports 22390 and 22360
Below 22360 finding a next support around 22320

Updated: 08.50 am / 05th March 2024