12th Feb 2024 #Nifty Intraday Levels & Pre-market Reports

Nifty last close: 21782.50 (+0.3%)

On Friday, Nifty was seens range with volatility and ended 0.3% up
In this week, Nifty shed 71.3 points or 0.32 percent to finish at 21,782.5
while BSE Sensex fell 490.14 or 0.67 percent to end at 71,595.49
However, broader indices witnessed mix performance
Small-cap index touched fresh record high during the week, but lost 0.4 percent
while BSE Mid-cap Index ended with 1.6 percent gain
On the sectoral front, Nifty PSU Bank index added 5 percent, Nifty Healthcare index gained 4.4 percent
FIIs sold equities worth of Rs 5,871.45 crore
DIIs have provided support by compensating buying of equities worth Rs 5,325.76 crore during the week
However, in February till now, the FIIs sold equities worth Rs 7,680.34 crore
while DIIs bought equities worth Rs 8,661.41 crore
ONGC Q3 net profit drops 7.9% to Rs 10,748 cr, revenue falls 2.2% YoY
Paytm forms advisory committee under former Sebi chief Damodaran
Direct tax collection reaches 80% of revised FY24 target at Rs 15.60 lakh cr
Hyundai picks JP Morgan, Citi and HSBC as advisors for mega IPO of India arm
A potential filing of the draft papers of this mega deal in the works is likely by June 2024 and if the listing plans fructify
It would be the biggest ever IPO on the Indian bourses. Prior to this, the $2.7-billion listing of LIC in 2022 was India’s biggest IPO
US markets ended mixed on last Friday
Dow lost 0.13%, Nasdaq rallied 1.25% and S&P500 added 0.57%
US VIX ended 12.92
PayPal falls 12% after flat earnings report and adjusted profit for the current year
US 10-year yields flat at 4.12 & Brent crude nearly $82/bbl

GiftNifty indicates a positive opening for the index
Nifty this week trend decider 22050 and 21600
Today Nifty is facing a intraday resistance 21820 and 21850
If stays above 21850 will try to move 21910

On flip side, Nifty considering a supports 21750 and 21720
Below 21720 finding a next support around 21650

Updated : 08.56 am / 12th Feb 2024