15th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21840.05 (+0.45%)

The market made a smart recovery on February 14 to close higher
Led by gains in SBI and other PSU banks in a highly volatile session
Nifty was opened gap down at 21600 and made a low of 21530 then gained to 21850
Finally Nifty ended at 21840.05 ie 0.45%
Sensex recovered 1, 023 points from the day’s low to close 277.98 points, or 0.39 percent
Nifty Bank index, too, gained over a 1,000 points from the day’s low to end 0.9 percent
BPCL, SBI, Coal India, ONGC and Axis Bank were among the top gainers on the Nifty
while losers were Tech Mahindra, Cipla, Sun Pharma, TCS and Dr Reddy’s Laboratories
On the sectoral front, PSU bank and oil & gas indices rose 3 percent each
while auto, bank, FMCG, capital goods, metal, power and realty were up 1.2 percent each
Information technology and pharma indices were down a percent each
Midcap and Smallcap indices added 1 percent each
Hindustan Unilever in talks with Andhra Pradesh government to collaborate on palm oil production
FIIs net sold shares worth Rs 3,929.60 crore
while domestic institutional investors (DIIs) purchased Rs 2,897.98 crore worth of stocks on February 14
US markets ends higher on Feb 14
Dow gained 0.4%, Nasdaq rallied 1.3% and S&P500 added 0.96%
Cisco falls 5% in extended trading on layoff and weak sales guidance
US 10-year yield falls to 4.23%
Japan’s Q4 GDP down 0.4% YoY vs estimate of 1.4% rise
Japan officially enters recession
Spot gold fell 0.1 percent to $1,991.09 per ounce, its lowest since December 13
Brent crude futures settled at $81.60 a barrel, shedding, $1.17, or 1.4 percent
Asian markets indicates higher on Feb 15

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 21900 and 21935
If stays above 21935 will try to move 22000

On other side, Nifty considering a supports 21775 and 21745
Below 21745 finding a next support around 21650

Updated: 08.50 am / 15th Feb 2024