23rd Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22217.45 (+0.74%)

In the highly volatile session, the benchmark indices erased all the previous session losses
Nifty hitting a fresh all-time high of 22,252.50 led by buying across the sectors
Nifty was opened 22070 then fell to 21900 then spiked to 22230
Finally, Nifty was up 162.50 points or 0.74 percent at 22,217.50
At close, the Sensex was up 535.15 points or 0.74 percent at 73,158.24
The Sensex is now just 225.87 points away from its record high level of 73,427.59 tested on January 16
Bajaj Auto, HCL Technologies, Eicher Motors, ITC and Coal India were among the top gainers on the Nifty
while the losers were IndusInd Bank, HDFC Ban Kotak and heromotoco
On the sectoral front, Auto, Capital Goods, Metal, Power, Information Technologies and Telecom were up 1% each
However, the bank index ended marginally lower
Midcap gained 1 percent and Smallcap index added 0.5 percent
Foreign institutional investors (FIIs) net sold shares worth Rs 1,410.05 crore
while domestic institutional investors (DIIs) bought Rs 1,823.68 crore worth of stocks on February 22
Voda Idea to discuss fundraising on Feb 27, mulls rights issue, QIP, FPO, other means
Angel One to raise up to Rs 2,000 cr via preferential issue, QIP or other modes
US markets ended sharply higher on Feb 22
Dow gained 1.18%, Nasdaq rallied 3% and S&P500 added 2.11%
NVidia surges 16% after a strong earnings report
US 10-year yield rises to 4.33%
Gold prices sustained around $2025/oz
Brent crude futures settled higher, up 64 cents or 0.77 percent at $83.67 a barrel
Asian markets open mixed
Hangseng falls 0.4% and Nikkei up 2%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22280 and 22320
If stays above 22320 will try to move 22400

On flip side, Nifty considering a supports 22150 and 22100
Below 22100 finding a next support around 22000

Updated: 09.02 am / 23rd Feb 2024