26th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 19675

The Indian benchmark indices broke a four-day losing streak to end on a flat note
Nifty was seen highly volatile on Sept 25
Nifty was travelled around 150 points up & down like rollar coaster style
However, Nifty was up 0.30 points at 19,674.55
Sensex was up 14.54 points or 0.02 percent at 66,023.69
Bajaj Finance, Tata Consumer, Apollo Hospitals, Bajaj Finserv and Coal India were among the top gainers on the Nifty
While losers included Hindalco Industries, SBI Life Insurance, Hero MotoCorp, Infosys
On the sectoral front, realty index rose 1.5 percent and bank index was up 0.3 percent
While Information Technology index fell 0.7 percent and capital goods index was down 0.3 percent
Midcap index rose 0.40 percent, while the Smallcap index ended on a flat note
Moody’s upgrade Tata Steel to investment grade with Baa3 issuer rating and outlook stable
FIIs net sold 2333 crore while DIIs net bought 1580 crore on Sept 25
US markets snaps 4-day losing streak
Dow Jones up 0.13%, Nasdaq added 0.45% and S&P500 rallied 0.4%
US VIX down 1.75% to 16.90
Amazon up 2% after company annouces up to $4Bn investment in AI
US 10-year yield climbs back to 16-years high at 4.56%
US 30-year yield went to 4.67
US 5-year yield shot up to 4.61
Germany’s 10-year yield hit highest in 12-years at 2.81
Crude at $93/bbl
Gold prices fall further to $1910/oz
Dollar index traded 0.3% higher to 105.90
Asian markets trades lower
Hangseng and Nikkei down nearly 1%

Giftnifty indicates a negative opening for the day
Nifty is facing a intraday resistance 19710 and 19740
If stays above 19740 will try to move 19800
Stay caution at higher levels!!

On other side, Nifty can be considered as supports as 19670 and 19635
Below 19635 finding a next support around 19590

Updated: 08.45 am / 26th Sept 2023