18th April 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22147.90 (-0.56%)

Market falls for 3rd straight session for the 1st time in 3 months
Contributed to the decline included the threat of higher-for-longer interest rates, tensions in the Middle East
On Tuesday, Nifty was down 124.60 points, or 0.56 percent, at 22,147.90
Sensex was down 456.10 points, or 0.62 percent, at 72,943.68
The biggest losers on the Nifty included Infosys, LTIMindtree, IndusInd Bank and Bajaj Finserv
while the gainers were Eicher Motors, Hindustan Unilever, Oil & Natural Gas Corp. Titan Co., and Divi’s Lab
Nifty IT index plunged 2.6 percent
Nifty PSU Bank and Nifty Bank indexes, down 1.3 percent
Nifty Media gained the most, rising 1.57 percent
Followed by the Nifty Oil & Gas and the Nifty Pharma, which increased 0.6% and 0.4%, respectively
Rupee Ends At A Record Low Of 83.54/$
Infosys to announce Q4 earnings today also Bajajauto declaring the earnings report
IMF raises India’s FY25 GDP growth forecast by 30 bps to 6.8%
NSE to stop issuing new futures and options contract for Zee Entertainment
Foreign institutional investors (FIIs) net sold shares worth Rs 4,468.09 crore
while domestic institutional investors (DIIs) purchased Rs 2,040.38 crore worth of stocks on April 16
US markets ended lower on April 17
Dow lost 0.12%, Nasdaq declined 1.15% and S&P500 dropped 0.58%
Nasdaq down for 4th straight session
Dow down 7th session out of eight session
US VIX ended at 18.21
Nvidia fell 4% and Netflix and Meta down
Gold prices fall near $2370/oz
Dollar index near 106
US 10-year yield fall to settle at 4.58%
Asian markets were set to open higher
Kospi up 2% and Hangseng rises 0.6%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22180 and 22220
If stays above 22220 will try to move 22260

On other side, Nifty considering a supports 22130 and 22100
Below 22100 finding a next support around 22060

Updated: 08.56 am / 18th April 2024