29th Oct 2024 #Banknifty Intraday Levels

Nifty last close: 24339.15 (+0.65%)

Indian equity markets snaped a five-day losing streak and ended on a strong note on October 28
With the Nifty inching closer to 24,500 amid buying across sectors especially banking and metal stocks
Sensex was up 602.75 points or 0.76 percent at 80,005.04
Nifty was up 158.35 points or 0.65 percent at 24,339.15
All the sectoral indices ended in the green with PSU Bank index rose 3.8 percent
Metal index added 2.5 percent, while pharma, media, realty up more than 1 percent each
The BSE midcap index was up 0.7 percent and smallcap index gained 1 percent
FIIs sold equities worth Rs 3,228 crore on October 28
while domestic institutional investors bought equities worth Rs 1,400 crore
Wall Street closed higher on Monday ahead of a packed week of earnings from megacap companies
The S&P 500 gained 15.4 points, or 0.27%
Nasdaq Composite gained 48.58 points, or 0.26%
The Dow Jones Industrial Average rose 273.17 points, or 0.65%
US 10-Year Treasury shed 42 bps at 4.26 percent
The dollar index was little changed at 104.25
Asian markets were set to higher opening
Nikkei up 0.55% and Hangseng up 0.85%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 24380 and 24430
Above 24430 finding a next resistance around 24500

On other side, Nifty considering a supports 24300 and 24250
Below 24250 finding a next support around 24170

Updated: 08.54 am / 29th Oct 2024