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

Nifty last close: 23995.35 (-1.27%)

Monday blues turned Dalal Street red as the bear grip tightened
Nifty 50 and Sensex plunging over a percent
Nifty prices have now dropped nearly 10 percent from all-time highs
Hitting a five-month low on heavy sell-offs from FIIs which offloaded around Rs 1.14 lakh crore
Sensex was down 941.88 points or 1.18 percent at 78,782.24
Nifty was down 314.00 points or 1.29 percent at 23,990.30
Sectorally, the Nifty Energy index suffered the most, plummeting by 2.72 percent
Nifty Realty and Nifty Infra falling 2.9 percent and 2.2 percent
India VIX, a measure of market volatility, surged by 5.03 percent to 16.70
FIIs sold equities worth Rs -211.93 crore on November 4
Domestic institutional investors bought equities worth Rs 377.33 crore on the same day
US stocks closed slightly lower after a choppy session on Monday
Dow Jones Industrial Average fell 257.59 points, or 0.61%
S&P 500 lost 16.11 points, or 0.28%
Nasdaq Composite lost 59.93 points, or 0.33%
US 10-Year Treasury rose 42 bps at 4.30 percent
Dollar index slightly down at 103.90
Brent crude sustains $75/bbl
Gold edges lower at $2733/oz
Asian markets mixed in early trade
Nikkei up 1% and Kospi down nearly 1%

GiftNifty indicates a slightly lower for the index
Nifty is facing a intraday resistance 24030 and 24080
If stays above 24080 finding a next resistance around 24160

On other side, Nifty considering a supports 23930 and 23850
Below 23850 finding a next support around 23760

Updated: 08.55 am / 05th Nov 2024