12th Oct 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19811.30 (+0.62%)

The equity market extended the winning run on the second consecutive session on October 11
Nifty was opened 19770 and went to 19830 then consolidated around the levels
Finally, Nifty was up 121.50 points or 0.62 percent at 19,811.30
Sensex was up 393.69 points or 0.60 percent at 66,473.05
The biggest gainers on the Nifty were Hero MotoCorp, Wipro, Grasim
While losers were HCL Technologies, Adani Ports, SBI, Coal India and TCS
Except for PSU Bank, all other sectoral indices ended in the green
Auto, FMCG, metal, pharma, power, oil & gas and realty up 0.5-1 percent
Midcap index rose 0.5 percent and smallcap index added 0.7 percent
TCS Q2 reported a 9% YoY growth in consolidated net profit
TCS reports a decline in $ revenue for the first time since Q1FY21 (in 13 quarters)
TCS board approves interim dividend of Rs 9/Sh
SIP inflows scale record high of Rs 16402 crore
FIIs net sold 421 crore while DIIs net bought 1032 crore on Oct 11
US markets ended higher note for 4th straight session
Dow gained 0.19%, Nasdaq added 0.71% and S&P500 rallied 0.43%
US VIX ended 16 down 5.5%
US 10-year yield declines to 4.57% following a inflation data
Dollar index settled around 105.78
Gold was trading around $1860/oz
Brent crude rose 12 cents to $87.77/bbl
WTI crude rose 2 cents to $86/bbl
Asian markets higher in early trade
Hangseng up 2% and Nikkei rises 1%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 19835 and 19855
If breaks and manages above 19855 will try to move 19900

On other side, Nifty can be considered as supports as 19785 and 19755
Below 19755 finding a next support around 19700

Updated: 08.40 am / 12th Oct 2023