08th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21930.50

On Wednesday Nifty was seen highly volatile and ended flat note
The Sensex closed 34.09 points down at 72,152
while the Nifty close 1.1 points higher at 21,930.50
Banknifty index gained marginally 0.23%
Today RBI policy outcome at 10 am
RBI is likely to leave the key interest rates unchanged on February 8
ONGC inks JV pact with NTPC for renewable energy
Mankind Pharma promoters to divest part stake to meet Sebi’s MPS norms
Foreign institutional investors (FIIs) net sold shares worth Rs 1,691.02 crore
while domestic institutional investors (DIIs) purchased Rs 327.73 crore worth of stocks on February 7
US markets ended higher on Feb 8
Dow gained 0.41%, Nasdaq rallied 0.95% and S&P500 added 0.82%
The U.S. dollar retreated and oil prices rose
Brent crude futures settled 62 cents higher, or 0.79 percent at $79.21 a barrel
U.S. West Texas Intermediate crude climbed 55 cents, or 0.75 percent to $73.86
Asian markets mixed in early morning on Feb 8
Nikkei up 1.7% and Hangseng down 0.8%

GiftNifty indicates a postive opening for the index
Nifty is facing a intraday resistance 21965 and 22000
If stays above 22000 will try to move 22050-22100

On flip side, Nifty considering a supports 21900 and 21870
Below 21870 finding a next support 21820

Updated: 08.45 am / 08th Feb 2024