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

Nifty last close: 24749.85 (-0.90%)

Market extended the losses on the third consecutive session on October 17
with benchmark Nifty 50 closing a little below 24,750 amid selling across sectors barring Information Technology
At close, the Sensex was down 494.75 points or 0.61 percent at 81,006.61
Nifty was down 221.50 points or 0.89 percent at 24,749.80
Among sectors, except Information Technology index up 1 percent
All other sectoral indices ended in the red with auto, media and realty down 2-3 percent
The BSE midcap and smallcap indices shed more than 1 percent each
FIIs offloaded equities worth Rs 7,421 crore on October 17
while domestic institutional investors purchased equities worth Rs 4,979 crore on the same day
The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions
The S&P 500 lost 1 point, or 0.02%
while the Nasdaq Composite climbed 6.53 points
The Dow Jones Industrial Average rose 161.35 points, or 0.37%
The US 10-year Treasury yield was down 10 bps at 4.08 percent
The dollar headed for a third weekly gain in a row on Friday at 103.75
Asian markets were trading mixed Friday
China third quarter GDP grows to 4.6% slightly beating the expectations
JAPANESE CPI OVERALL NATIONWIDE ACTUAL 2.5% (FORECAST 2.5%, PREVIOUS 3.0%)
Nikkei up 0.35% and Hangseng up 1%

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 24780 and 24830
If stays above 24830 will try to move 24900

On flip side, Nifty considering a supports 24700 and 24650
Below 24650 finding a next support around 24580

Updated: 08.53 am / 18th Oct 2024