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

Nifty last close: 24323.85

The broader indices touched their record highs and outperformed the main indices in the week ended July 5
Benchmarks also hitting fresh highs, rallying for the fifth straight week
On last week,BSE Sensex rose 963.87 points or 1.21 percent to close at 79,996.60
Nifty50 index gained 313.2 points or 1.30 percent to close at 24,323.80
Mid and Small-cap indices touched record highs on July 4, gaining 3 percent and 4 percent
Large-cap index added 1.5 percent, hitting fresh on July 4
Among sectors, the Nifty IT index jumped 4.3%, the Nifty Pharma index rose 3.6%
Nifty Media index gained 2.7% and the Nifty Oil & Gas index rose 2.6%
FIIs continued extending their support this week as they bought Rs 6,874.66 crore worth of equities
Domestic Institutional Investors (DII) remained net sellers as they sold equities worth Rs 385.29 crore
Wall Street stock indexes closed firmer on Friday
Dow gained 0.17%, Nasdaq rallied 0.9% and S&P500 gained 0.5%
Nasdaq and benchmark S&P 500 hitting record highs
Focus this week, Citigroup and JPMorgan chase to report results
Also focus, US Inflation, Fed chair speech and Core inflation
US 10-year yields falls to 4.3%
Crude sustains around $86/bbl
Gold prices rise to 1-month high above $2385/oz
Asian markets were set to lower opening

GiftNifty indicates a negative opening for the index
Nifty this week trend decider 24000 and 24400
Today Nifty is facing a intraday resistance 24360 and 24385
If stays above 24385 will try to move 24430

On other side, Nifty considering a supports 24290 and 24265
Below 24265 finding a next support around 24220

Updated: 08.59 am / 08th July 2024