27th May 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22957.10

The Indian benchmark indices rallied 2 percent to hit fresh milestones with Nifty surpassing 23,000 for the first time
Weekly basis, Nifty50 index rose 455.1 points or 2.02 percent to close at 22,957.10 after hitting new high of 23,026.40
BSE Sensex added 1,404.45 points or 1.90 percent to finish at 75,410.39, after touching fresh high of 75,636.5
Capital Goods index up 4.7 percent, BSE Telecom index rose 3.4 percent
while Metal, Power, Oil & Gas and Realty indices added 2 percent each
Large-cap Index surged 2 percent & Mid-cap Index rose 1 percent
Small-cap index ended on flat note
Foreign institutional investors (FIIs) selling as they sold equities worth of Rs 1165.54 crore
Domestic Institutional Investors (DII) bought equities worth Rs 6,977.71 crore in this week
US stocks rebounded on Friday from sharp losses the day before
Dow ended flat, Nasdaq rallied 1% and S&P500 gained 0.7%
Nvidia continues to rise following a strong earnings report around $1050/share
US 10-year yield above 4.47%
Dollar index was trading flat at 104.71
Gold prices were trading with marginal gains around $2340/oz
Crude rises slightly to $82/bbl
Asian markets open higher
Kospi and Shanghai up around 0.5%

GiftNifty indicates a flat opening for the index
Nifty weekly trend decider 23150 & 22800
Today Nifty is facing a intraday resistance 23000 and 23030
If stays above 23030 will try to check 23100

On other hand, Nifty considering a supports 22925 and 22900
Below 22900 finding a next support around 22835

Updated: 08.49 am / 27th May 2024