06th Oct 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19545.80 (+0.56%)

The equity benchmarks snapped two-day losing streak to shut shop on a positive note on October 5
Nifty was opened 19540 and travelled around 19500 to 19580
Finally, Nifty50 was up 108.20 points or 0.56 percent at 19,544.30
Sensex was up 405.53 points or 0.62 percent at 65,631.57
The top leaders of Nifty50 were Larsen & Toubro, Bajaj Auto, Titan, TCS
The top laggards were Power Grid, Hindalco, NTPC, Tata Consumer
FIIs net sold 1864 crore while DIIs net bought 521 crore
Bajajfinance to raise Rs 10,000 crore via QIP, preferential issue
Sunpharma to acquire nearly 38% stake in Ezers Health Tech for Rs 28.69 crore
US markets ended flat on Oct 5
Dow down 0.03%, Nasdaq declined 0.12% and S&P500 fell 0.13%
US VIX ended at 18.50
US 10-year yield strady at 4.72%
Oil prices dipped on Thursday
Brent crude settled around $85/bbl
WTI crude settled around $83.50/bbl
Dollar index 0.35% lower to at 106.43
Gold prices eased 0.3% to $1819/oz
Since Gold price was fell more than 12% from May high around $2000/oz
Asian markets largely higher in early trade
Hangseng up 1% and Nikkei in flat

GiftNifty indicates a positive opening for the day
Nifty is facing a intraday resistance 19570 and 19600
If stays above 19600 then will move to 19650

On other hand, Nifty can be considered as supports as 19520 and 19490
Below 19490 finding a next support around 19440

Updated: 08.40 am / 06th Oct 2023