16th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21910.75 (+0.32%)

In yet another volatile session, the market ended higher
Extended the winning run for the third consecutive session on February 15
Sensex was up 227.55 points or 0.32 percent at 72,050.38
Nifty was up 70.70 points or 0.32 percent at 21,910.75
Top gainers on the Nifty included M&M, BPCL, ONGC, NTPC
while top losers were Axis Bank, Apollo Hospitals, ITC, HUL and Nestle India
On the sectoral front, FMCG index shed 0.9 percent
On the other hand auto, PSU Bank, metal, realty power and oil & gas up 1-2 percent
Midcap and Smallcap indices were up one percent each
Rupee ends at 83.04/$ against Wednesday’s close of 83.03
Govt raises windfall gains tax on crude oil, diesel
Foreign institutional investors (FIIs) net sold shares worth Rs 3,064.15 crore
while domestic institutional investors (DIIs) bought Rs 2,276.93 crore worth of stocks on February 15
US markets ended higher on Feb 15
Dow gained 0.9%, Nasdaq rallied 0.3% and S&P500 added 0.58%
S&P500 at record high
US Jan retail sales data falls 0.8% MoM
US 10-year yield falls to 4.25%
Spot gold was up 0.3 percent at $1,997.10 per ounce
Brent crude futures settled up $1.26, or 1.5 percent
US retail sales fall sharply in January; weekly jobless claims decline
Asian markets open higher on Feb 16
Nikkei rises nearly 1%, Shanghai up more than 1%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 21950 and 22000
If stays above 22000 will try to move 22075

On other hand, Nifty considering a supports 21880 and 21840
Below 21840 finding a next support around 21790

Updated: 08.57 am / 16th Feb 2024