13th April 2023 #Nifty Intraday levels and pre-market reports

Nifty last close: 17812.40 (+0.5%)

The market extended its winning streak for the eighth consecutive session on April 12
On Wednesday, Nifty was opened 17750 and went to 17825 then ended 17812.40
Sensex was up 235.05 points or 0.39 percent at 60,392.77
Nifty was up 90.10 points or 0.51 percent at 17,812.40
midcap index added 0.5 percent and smallcap index rose 0.4 percent
Auto, pharma, and information technology indices were up 1-2 percen
while some selling was seen in the FMCG and Capital Goods names
VIX sustained around 12.20
IIP Growth up to 5.6% in Feb
India CPI inflation 5.66% vs 6.44 Poll 5.63%
TCS Q4FY24 result Net profit increases 5% to Rs 11,391 crore QoQ
US reports inflation rate of 5%, lower than expected
US markets ended lower on Wednesday after the Hawkish comment from FOMC
Dow down 0.11%, Nasdaq declined 0.85% and S&P500 lost 0.41%
Dollar index at 101.20
Gold settled around $2021/oz
Brent Crude settled around $86/bbl


SGXNifty indicates flat opening for the index
However, Nifty is facing a intraday resistance 17820, 17840 and 17870
Above 17870 will try to move 17910

On other side, Nifty can be considered as supports as 17790, 17775 and 17750
Below 17750 will try to check 17700

Updated: 08.50 am / 13th April 2023