14th May 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22104.05 (+0.22%)

The Sensex and Nifty 50 fully recovered from the day’s lows on May 13
Closed in green after falling almost 1 percent each in the morning trade
At close, the Sensex was up 145 points or 0.2 percent at 72,809
Nifty 50 was up 64 points or 0.3 percent at 22,120
The broader market was mixed with BSE Midcap rising 0.3 percent and BSE Smallcap down 0.2 percent
Nifty Auto, on the other hand, was the worst hit sectoral index as it shed 1.5 percent
Nine out of 13 major sectoral indices were up on May 13
India VIX is still up by 12 percent to 21
India’s retail inflation largely unchanged at 4.83% in April vs 4.85% in March
FIIs sold shares worth Rs 4,498.92 crore. DIIs pumped in Rs 3,562.75 crore worth of stocks on May 13
Results Today Bharti Airtel, Shree Cement, Siemens, Apollo Tyres, Bajaj Electricals,
Colgate, Bharti Hexacom, PVR Inox, Devyani International, and Ideaforge Technology
US markets ended mixed on May 13
Dow Jones, S&P500, and Nasdaq closed steady ahead of crucial inflation readings
Dow lost 0.21%, Nasdaq gained 0.29% and S&P500 ended flat
US 10-year yield dips to 4.48% from 4.50%
Gamestop soars over 70% on Roaring Kitty return
Gamestop short sellers lose almost $1 billion in Monday’s rally
Brent crude rose marginally to $83.52 a barrel, up 0.19 percent from its previous close of $83.36 a barrel
The dollar index was trading at 105.244, up 0.02 percent
Gold remained steady just above $2,335 an ounce as traders awaited key US inflation data
Asian markets were set to mixed opening
Nikkei flat and Hangseng up 0.2%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22130 and 22160
If stays above 22160 will try to move 22200 & 22275

Nifty considering a supports 22075 and 22040
Below 22040 finding a next support around 21970

Updated: 08.50 am / 14th May 2024