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18th April 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22147.90 (-0.56%)

Market falls for 3rd straight session for the 1st time in 3 months
Contributed to the decline included the threat of higher-for-longer interest rates, tensions in the Middle East
On Tuesday, Nifty was down 124.60 points, or 0.56 percent, at 22,147.90
Sensex was down 456.10 points, or 0.62 percent, at 72,943.68
The biggest losers on the Nifty included Infosys, LTIMindtree, IndusInd Bank and Bajaj Finserv
while the gainers were Eicher Motors, Hindustan Unilever, Oil & Natural Gas Corp. Titan Co., and Divi’s Lab
Nifty IT index plunged 2.6 percent
Nifty PSU Bank and Nifty Bank indexes, down 1.3 percent
Nifty Media gained the most, rising 1.57 percent
Followed by the Nifty Oil & Gas and the Nifty Pharma, which increased 0.6% and 0.4%, respectively
Rupee Ends At A Record Low Of 83.54/$
Infosys to announce Q4 earnings today also Bajajauto declaring the earnings report
IMF raises India’s FY25 GDP growth forecast by 30 bps to 6.8%
NSE to stop issuing new futures and options contract for Zee Entertainment
Foreign institutional investors (FIIs) net sold shares worth Rs 4,468.09 crore
while domestic institutional investors (DIIs) purchased Rs 2,040.38 crore worth of stocks on April 16
US markets ended lower on April 17
Dow lost 0.12%, Nasdaq declined 1.15% and S&P500 dropped 0.58%
Nasdaq down for 4th straight session
Dow down 7th session out of eight session
US VIX ended at 18.21
Nvidia fell 4% and Netflix and Meta down
Gold prices fall near $2370/oz
Dollar index near 106
US 10-year yield fall to settle at 4.58%
Asian markets were set to open higher
Kospi up 2% and Hangseng rises 0.6%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22180 and 22220
If stays above 22220 will try to move 22260

On other side, Nifty considering a supports 22130 and 22100
Below 22100 finding a next support around 22060

Updated: 08.56 am / 18th April 2024

16th April 2024 #Nifty Intraday Levels and Pre-market reports

Nifty last close: 22272.50 (-1.1%)

The Indian equity indices extended losses for the second consecutive session on April 15
Nifty was opened 22350 then fell to 22360 again shot up to 22400 then erased the intraday rally
Finally, Nifty was down 246.90 points, or 1.10 percent, at 22,272.50
Sensex was down 845.12 points, or 1.14 percent, at 73,399.78
Biggest losers on the Nifty included Shriram Finance, Wipro, Bajaj Finance, ICICI Bank
while gainers were ONGC, Hindalco Industries, Maruti Suzuki, Nestle
Among sectors, except oil & gas and metal, all sectoral indices ended in the red
midcap and smallcap indices were down 1.5 percent each
VIX shot up 8% to 12.50
IMD SAYS INDIA’S MONSOON RAINFALL SEEN ABOVE NORMAL IN 2024
CRISIL EXPECTS RBI TO INITIATE REPO RATE CUTS FROM MID-2024
WPI INFLATION YOY ACTUAL: 0.53% VS 0.20% PREVIOUS FORECAST 0.7%
Foreign institutional investors (FIIs) net sold shares worth Rs 3,268 crore
while domestic institutional investors (DIIs) purchased Rs 4,762.93 crore worth of stocks on April 15
Life Insurance Corporation hikes stake in Hindustan Unilever
The stake was increased from 4.99 percent to 5.01 percent, according to the filing
US markets ended sharply lower on April 15
Dow down 0.65%, Nasdaq declined 1.78%, S&P500 fell 1.2%
S&P500 fell more than 100 points from day’s high
Dow down 2000 points from recent high
US VIX up 11% to 19.23
Goldman Sachs beats estimates and stock up 2.9%
Tesla falls 2.8% post reports of layoff in global workforce
Gold near record high $2385/oz
The U.S. dollar index touched 106.27, the highest since Nov. 2
Brent futures for June delivery rose 46 cents, or 0.5%, to $90.56 a barrel
China Q1 GDP above estimates at 5.3% YoY vs Estimate of 4.8%
Asian markets were set to sharply lower opening
Nikkei down 2% and Hangseng down 1.5%

GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 22300 and 22350
If stays above 22350 will try to check 22400

On flip side, Nifty considering a supports 22240 and 22200
Below 22200 finding a next support around 22140 and 22050

Updated: 08.54 am / 16th April 2024