07th June 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22821.40 (+0.90%)

Indian stock markets ended positively for the second consecutive session
On news of the BJP-led NDA securing a third consecutive term
Sensex surged by 0.93 percent or 692.27 points, reaching 75,074.51
Nifty index closed at 22,821.40, up by 0.89 percent or 201 points
MidCap rose by 2.3 percent, and BSE SmallCap saw a jump of 3.06 percent
Among sectoral indices, BSE Realty led with a gain of 4.85 percent
Industrials and capital goods indices, both jumping over 3.7 percent and 3.4 percent
Other gainers included Oil & Gas, Power, Telecommunication, and IT sectors, each up by over 2.5 percent
BSE-listed cos gain ?8 lk cr mkt cap on Thursday, total mkt cap now ?416 lk cr
Wipro gets $500 m contract from a leading US Communication service provider
Foreign institutional investors (FIIs) continued their selling on third consecutive session on June 6
They offloaded Indian equities worth Rs 6,867.7 crore
while domestic institutional investors bought equities worth Rs 3,718.38 crore on same day
US markets ended mixed on June 6
The S&P 500 and Nasdaq composite finished a shade lower on Thursday and the Dow was slightly higher
Dow Jones Industrial Average rose 78.84 points, or 0.20%, to 38,886.17
S&P 500 lost 1.07 points, or 0.02%, to 5,352.96 and the Nasdaq Composite lost 14.78 points, or 0.09%
NVIDIA sees slightly profit booking after crossing $3 Tn market-cap
US 10- yield near 4.3%
Cruse rises above $79/bbl
European Central Bank first rate cut since in 5 years by 25 bps
Asian markets were set slightly lower on June 7

GiftNifty indicates a flat opening for the index
Nifty is facing a intraday resistance 22870 and 22900
If stays above 22900 will try to move 22970-23050

On other side, Nifty considering a supports 22800 and 22770
Below 22770 will try to check 22710-22650

Updated: 09.02 am / 07th June 2024