18th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 20192.35 (+0.4%)

Market posted a fresh record high this week with the Nifty surpassing the 20,000 mark for the first time
On weekly basis, Nifty50 gained 1.87 percent or 372.35 points to finish at 20,192.30
Sensex ended the week up 1.86 percent or 1,239.72 points at 67,838.63
PSU Bank index was up 7.2 percent, IT index nearly 3 percent
Nifty Bank index 2.3 percent, and Nifty Pharma and Auto indices 2 percent each
On the other hand, Nifty Media index fell 3.6% and Nifty Oil & Gas index 1%
SmallCap and MidCap remained under pressure during the week with a decline of 1% and 0.5%
FIIs continued in the eight consecutive week as they offloaded equities worth Rs 746.62 crore
While domestic institutional investors (DIIs) bought equities worth Rs 3,363.36 crore in this week
Jupitar Life Line hospitals likely to list with 30% premium today & the issue price was at 735/share
10 public issue lined up to raise Rs 2400 crore this week
Tatasteel deal with UK Govt for an UK steel
BEL bags order worth Rs 3000 crore and Rs 2110 crore whith is from Cochin Ship
Windfall tax on crude oil hiked to Rs 10000/tone and ATF cut
Defence approved project worth Rs 45000 crore. Focus Defence stocks
US markets sharply down on last Friday
Dow down 0.83%, Nasdaq dropped to 1.56% and S&P500 declined 1.22%
US VIX up 8% to 13.80
Apple, Microsoft and Nvidiya down nearly 2% to 3%
Oil prices hit a 10-month high on Friday
Brent crude settled around $94/bbl
Dollar index settled around $103.20
Gold price jumped 1% on Friday helped by a weaker dollar index
Gold was up 1% to $1928/oz
Asian markets Hangseng down around 1%
Japan Nikkei was shut on today

GiftNifty indicates a negative opening for the index
Nifty weekly trend decider 20300 and 20000
Today Nifty is facing a intraday resistance 20200 and 20220
If stays above 20220 will try to move 20250

On flip side, Nifty considering a supports 20165 and 20140
Below 20140 finding a next support around 20090

Updated: 08.47 am / 18th Sept 2023