28th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22123.65 (+0.54%)

Nifty was ended higher note due to positive global cues
Nifty up 119 points to 22,124 and Sensex rises 526 points to 72,996
Biggest gainers on the Nifty were Reliance Industries, Maruti Suzuki, Bajaj Auto, Bajaj Finance
while losers included Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy’s
Among sectors, auto, bank, capital goods, power, realty, telecom were up 0.5-1 percent
while metal, IT, media down 0.3-0.5 percent
midcap index ended on a flat note and the smallcap index gained 0.7 percent
BSE releases list of 25 stocks available for T+0 settlement starting March 28
The Centre will borrow Rs 7.50 lakh crore via the issuance of government securities in the April-September period of FY25
Foreign institutional investors (FIIs) net bought shares worth Rs 2,170.32 crore
while domestic institutional investors (DIIs) purchased Rs 1,197.61 crore worth of stocks on March 27
Cloverdell Investment likely to sell its entire stake in IDFC First Bank via block deals
Shareholders approve delisting of company and share-swap ratio
For every 100 shares of ICICI Sec, 67 shares of ICICI Bank will be share-swap ratio
The offer size is likely to be at Rs 1,191.40 crore and the company is looking to sell 15.9 crore shares
The floor price set at Rs 75 per share, implying 4 percent discount to current market price
US markets ended higher on March 27
Dow gained 1.22%, Nasdaq rallied 0.52% and S&P500 added 0.86%
S&P500 postes record close on March 27
US 10-year bond yield falls to 4.1% from 4.2%
Crude sustains $86/bbl
JPMorgan expects Russia’s actions to push Brent crude to $100 by Sept
Gold sustains $2200/oz
Australlian index hits record high in opening trade on Thursday
Asian markets were set to mixed opening for early morning
Nikkei down 1% and Hangseng up 0.85%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22150 and 22185
If stays above 22185 will try to move 22240

On flip side, Nifty considering a supports 22100 and 22080
Below 22080 finding a next support around 22040

Updated: 08.52 am / 28th March 2024