13th Oct 2023 #Nifty Intraday Levels and Pre-market Reports

Nifty last close: 19794 (-0.09%)

The equity benchmark remained rangebound on October 12 after two straight days of gains
Nifty was opened 19820 and then consolidated around the level in whole day
Nifty closing 17.30 points or 0.09 percent lower at 19,794
Sensex falling 64.66 points or 0.10 percent to 66,408.39
Top Nifty gainers included BPCL, Coal India, Maruti Suzuki, Grasim
While the biggest losers were Tech Mahindra, Apollo Hospitals and TCS
On the sectoral front, the information Technology index shed 1.5 percent
While auto, metal, power, oil & gas added 0.5-1 percent
Midcap index gained 0.3 percent and smallcap index rose 0.6 percent
Infosys Q2 result beat street but weak guidance
INFY ADR down more than 7%
India CPI inflation below estimated
September #CPI inflation at 5.02% Vs 6.83% (MoM)
August #IIP at 10.3% Vs 5.7% (MoM) & Vs -0.8% (YoY)
FIIs net sold 1862 crore while DIIs net bought 1532 crore on Oct 12
PayTM fined Rs 5.3 crore by RBI on regulatory compliance
Drreddy US FDA issues 9 observations for manfacturing facility in Hyderabad
Mphasis acquires US based Sonnic partners for $132.5 m in cash
US markets snaps 4-day winning streak
Dow down 0.50%, Nasdaq fell 0.63% and S&P500 declined 0.62%
US 10-year yield rises to 4.68% after slightly higher inflation
Dollar index shot up to 106.45
Gold prices fell slightly to $1872/oz
Brent crude rose 0.66% to $86.40/bbl
WTI crude gained 0.25% to $83.60/bbl
Asian markets lower in early trade
Hangseng down more than 1%

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 19820 and 19850
If stays above 19850 will try to move 19900

On other side, Nifty considering a supports as 19780 and 19750
Below 19750 finding a next support around 19690

Updated: 08.49 am / 13th Oct 2023