07th Nov 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19411.80 (+0.94%)

The equity benchmark extended gains for the third straight session on November 6
Sensex rising 594.91 points or 0.92 percent to end at 64,958.69
Nifty closing at 19,411.80, up 181.20 points or 0.94 percent
The biggest Nifty gainers included Divislab, Hero MotoCorp, Eicher Motors, L&T
While losers were SBI, HUL, Tata Motors, Cipla and Titan
Except PSU Bank, down a percent, all sectoral indices ended in the green
With pharma, capital goods, metal, oil & gas, power and realty up a percent each
Midcap and smallcap indices each closed a percent higher
Fitch Ratings raises India’s mid-term growth forecast to 6.2%, downgrades China
India’s GDP may grow at 5.5% to almost 6% in FY24: JP Morgan’s Aziz
India’s fuel demand rose 5.5% month-on-month in October
Foreign institutional investors offloaded shares worth Rs 549.37 crore
While domestic institutional investors bought Rs 595.70 crore worth of stocks on November 6
Bajaj Finance launches QIP, floor price set at `7,533.81/share
Company may offer a discount of up to 5% on the floor price
US markets ended marginally higher on Nov 6
Dow gained 0.1%, Nasdaq added 0.3%, S&P500 gained 0.18%
The Dollar index traded 0.16 percent lower in futures at 104.90
Spot gold was down 0.4 percent at $1,983.49 per ounce
Brent crude futures rose 41 cents, or 0.5 percent, to $85.30 a barrel
US West Texas Intermediate crude was at $81.05 a barrel
Asian markets were set to lower opening
Nikkei down 0.95% and Hangseng down 1.5%

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday levels 19430 and 19450
If stays above 19450 will try to move 19500

On other side, Nifty can be considered as supports as 19390 and 19370
Below 19370 will try to check 19320

Updated: 09.00 am / 07th Nov 2023