09th Jan 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21513 (-0.91%)

Amid weak global cues, the domestic equity benchmarks slipped about a percent each on January 8
Nifty was opened 21720 then slipped up to 21495 then ended 21513
Nifty declined 197.80 points, or 0.91 percent, to end the day at 21,513
The Sensex closed 670.93 points, or 0.93 percent, lower at 71,355.22
Broader market underperformed. Nifty Midcap 100 fell 1.06 percent
Nifty 500, the broadest index on NSE, dipped 0.88 percent
Nifty FMCG was the biggest loser, down 1.72 percent. Nifty Bank followed with 1.47 percent
December Mutual Fund Data | SIP Inflows at ?17,610 cr vs ?17,073 cr Inflows (MoM)
The Assets Under Management (AUM) has reached ?50.78 lakh crore as of Dec 31, 2023 for the first time
Foreign institutional investors (FIIs) bought shares worth Rs 16.03 crore
While domestic institutional investors (DIIs) purchased Rs 155.96 crore worth of stocks on January 8
FMCG major Godrej Consumer Products Limited (GCPL) joined hands with the State Government of Tamil Nadu
GCPL launches Rs 515-cr manufacturing plant at TN investor meet
Hyundai announces Rs 6,180 crore investment in Tamil Nadu
India’s exports may take a $30 billion hit on Red Sea threats
India’s weightage surpassed Taiwan in MSCI EM index, now ranking second after China
The Tata Group has begun talks to list Tata Autocomp Systems (TACO)
Bajaj Auto Ltd board on January 8 approved a Rs 4,000 crore share buyback at Rs 10,000 apiece
This is at a premium of 43 percent to the last closing price
Zee-Sony’s $10-billion merger may be called off
Indian government bonds could get an additional boost in 2024,
With Bloomberg proposing their inclusion in its indices starting September 2024
US markets ended sharply higher on Jan 8
Dow gained 0.58%, Nasdaq rallied 2.2% and S&P500 gained 1.4%
Apple rallied 2.5% Vision pro device will be available for sale from Feb 2
NVidiya hits all time high up 6.5%
US 10-year yield sustained 4%
The Dollar index traded 0.06 percent lower in futures at 102.32
Gold prices fell to a three-week low on Monday
Pressured by elevated Treasury yields as expectations for an imminent Federal Reserve interest rate cut faded
Spot gold was down 0.9 percent at $2,026.97 per ounce
US crude oil declined 4 percent on Monday after Saudi Arabia slashed its prices
The Brent futures contract for March shed $2.64, or 3.35 percent, to settle at $76.12 a barrel
Asian markets open largely higher
Nikkei up 1% Hangseng up 0.45%

GiftNifty indicates a gap-up opening for the index
Nifty is facing a intraday resistance 21560 and 21590
If stays above 21590 will try to move 21650

On other side, Nifty considering a supports 21490 & 21450
Below 21450 finding a next support around 21380

Updated: 08.55 am / 09th Jan 2024