30th Jan 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21737.60 (+1.8%)

Indian equity indices erased previous session losses and started the (Budget) week on a solid note
Nifty and Sensex rising nearly 2 percent each on January 29
Nifty was up 385.00 points or 1.80 percent at 21,737.60
Sensex was up 1,240.90 points or 1.76 percent at 71,941.57
Reliance was gained more than 7% and contributed around 150 points to lift the index
The biggest gainers on the Nifty included ONGC, Reliance Industries, Adani Enterprises, Coal India
while losers included Cipla, ITC, LTIMindtree, Bajaj Auto and Infosys
Among sectors, oil & gas index is up 5%, Power index is up 3%, and Capital Goods index is up 2%
Midcap index rose 1.7 percent and Smallcap index added a percent
Reliance gains most since September 2020 to a #RecordHigh; Market Cap at ?19.5 lakh crore
Rolls-Royce signs long-term contract of 7 years with Azad Engineering to produce and supply critical engine parts
ITC Q3 net profit rises 11% to Rs 5,572 crore
Bajaj Finance Q3 net profit rises 22% to Rs 3,639 crore
Vodafone Idea Q3 net loss narrows to Rs 6,986 crore, revenue flat
FIIs turned net buyers in the cash segment after selling in the previous seven days, buying shares worth Rs 110.01 crore
DIIs purchased Rs 3,221.34 crore worth of stocks on January 29
US markets ended higher on Jan 29
Dow gained 0.59%, Nasdaq added 1.12% and S&P500 rallied 0.75%
US 10-year yield sustains around 4.1%
US VIX rallied 2.55% to 13.6
Spot gold was up 0.4 percent at $2,025.97 an ounce
Brent crude futures fell $1.15, or 1.4 percent, to settle at $82.40 a barrel
US West Texas Intermediate crude futures dropped by $1.23, or 1.6 percent, at $76.78 per barrel
Asian markets were set to mixed opening on Jan 30
Nikkei up 0.25% and Hangseng down 2.3%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 21800 and 21840
If stays above 21840 will try to move 21900

Nifty considering a supports 21710 and 21680
Below 21680 finding a next support around 21630

Updated: 08.39 am / 30th Jan 2024