22nd Aug 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close : 24770.20 (+0.29%)

Indian share market ended with marginal gains in the rangebound session on August 21
At close, BSE Sensex was up 102.44 points or 0.13 percent at 80,905.30
Nifty was up 71.37 points or 0.29 percent at 24,770.20
VIX fell 3% to settled around 13.30
Midcap and Smallcap was seen marginal gains
The foreign institutional investors (FIIs) sold equities worth Rs 799 crore on August 21
While domestic institutional investors bought equities worth Rs 3097 crore on the same day
Zomato is set to acquire Paytm’s entertainment and ticketing business for Rs 2,048 crore
Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs
After the Dovish comment by FOMC minutes the US markets shot up
The Dow Jones Industrial Average rose 0.13%, to 40,889
S&P 500 gained 0.42%, to 5,620 and the Nasdaq Composite gained 0.57%, to 17,918
The US 10-year Treasury yield rose 20 bps at 3.80 percent
The dollar traded near the lowest in more than a year against the euro and sterling on Thursday
Dollar index around 101.20
Crude falls below $76/bbl
Gold at all time high above $2510/oz
Asian markets mixed opening Nikkei up 1% and Hangseng down 0.2%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 24800 and 24850
If stays above 24850 finding a next resistance 24920

On flip side, Nifty considering a supports 24740 and 24700
Below 24700 will try to check 24650

Updated: 08.45 am / 22nd Aug 2024