16th Oct 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19751.05

Indian benchmark indices ended with marginal gains in the highly volatile week ended October 13
On weekly basis, Sensex added 0.43 percent or 287.11 points to end at 66,282.74
Nifty50 rose 97.5 points or 0.49 percent to close at 19,751
Mid-cap, Small-cap and BSE Large-cap index gained 0.7%, 0.8% and 0.5%, respectively
Nifty Realty index gained 4.3%, Nifty Auto index added 2.8%
Nifty FMCG index rose nearly 2% and Nifty Media index added 1.5%
On the other hand, PSU Bank index shed 3.2% and IT index fell 1.6%
FIIs continued this week also as they offloaded equities worth Rs 2,199.99 crore
DIIs purchased equities worth Rs 3,937.66 crore this week
DMart Q2 net profit falls 9% to Rs 623.35 crore revenue up 18.6% but misses estimates
Tatamotors to sell 9.9% stake in IPO bound Tata Technologies for Rs 1614 crore
HDFCBankn will declare their earnings report today
US markets ended mixed on Oct 13
Dow up 0.12%, Nasdaq declined 1.23% and S&P500 fell 0.5%
US VIX sustained around 19
US 10-year yield rises to 4.65% ahead of Powell speech this week
Crude surges more than 5% disruption fears from West Asia
Brent crude settled around $90.50/bbl
WTI crude around $87.50/bbl
Gold sustains around $1900/oz
Asian markets lower in early trade
Nikkei down 2% and Hangseng down around 0.5%

GiftNifty indicates a flat opening for the index
This week Nifty trend decider 19850 and 19550
Today Nifty is facing a intraday resistance 19780 and 19810
If stays above 19810 will try to move 19850

On other hand, Nifty considering a supports 19725, 19700 and 19650

Updated: 08.41 am / 16th Oct 2023