13th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21616.05 (-0.76%)

The Indian market opened marginally higher but failed to build on the gains as the sell-off intensified as the session progressed
Nifty was opened 21820 then slipped to 21575
Finally, The Nifty ended the day 166.50 points, or 0.76 percent, down at 21,616
The Sensex losses to close 523 points, or 0.73 percent, lower at 71,073
The Nifty Bank index came under intense pressure to sink to the day’s low of 44,633.80
Banknifty ended the day 1.65 percent lower at 44,882.25
Top Nifty losers included Coal India, Hero MotoCorp, BPCL, ONGC and NTPC
while gainers were Dr Reddy’s Laboratories, Apollo Hospitals, Wipro, Divis Labs
On the sectoral front, FMCG, PSU bank, capital goods, metal, oil & gas, power and realty were down 1-4 percent each
while healthcare and IT indices ended in the green
midcap index fell 2.6 percent and the smallcap index shed 3 percent
Nifty PSU Index Falls nearly 4% with all its constituents closing lower
PSU companies erase Market Cap of more than ?3.5 lakh cr on Monday
December IIP growth rises to 3.8%
India’s January CPI inflation eases to 5.10%, core inflation drops to 3.6%
Coal India Q3 profit soars 18% YoY to Rs 9,093.69 crore
FIIs net bought shares worth Rs 126.60 crore
while domestic institutional investors (DIIs) purchased Rs 1,711.75 crore worth of stocks on February 12
US markets ended mixed on Monday 12 Feb
Dow gained 0.33%, Nasdaq slipped to 0.3% and S&P500 ended flat
US VIX rose 7.5% to 13.93
Zoominfo stock rises 23% after the strong earnings report
US 10-year yield falls to 4.18%
Brent crude sustained $82/bbl
Bitcoin hits $50,000 level for first time in more than two years
Chinsese market closed and Nikkei up 0.2%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 21660 and 21690
Above 21690 will try to move 21760

On flip side, Nifty considering a supports 21570 and 21540
Below 21540 finding a next support around 21470

Updated: 08.49 am / 13th Feb 2024

12th Feb 2024 #Nifty Intraday Levels & Pre-market Reports

Nifty last close: 21782.50 (+0.3%)

On Friday, Nifty was seens range with volatility and ended 0.3% up
In this week, Nifty shed 71.3 points or 0.32 percent to finish at 21,782.5
while BSE Sensex fell 490.14 or 0.67 percent to end at 71,595.49
However, broader indices witnessed mix performance
Small-cap index touched fresh record high during the week, but lost 0.4 percent
while BSE Mid-cap Index ended with 1.6 percent gain
On the sectoral front, Nifty PSU Bank index added 5 percent, Nifty Healthcare index gained 4.4 percent
FIIs sold equities worth of Rs 5,871.45 crore
DIIs have provided support by compensating buying of equities worth Rs 5,325.76 crore during the week
However, in February till now, the FIIs sold equities worth Rs 7,680.34 crore
while DIIs bought equities worth Rs 8,661.41 crore
ONGC Q3 net profit drops 7.9% to Rs 10,748 cr, revenue falls 2.2% YoY
Paytm forms advisory committee under former Sebi chief Damodaran
Direct tax collection reaches 80% of revised FY24 target at Rs 15.60 lakh cr
Hyundai picks JP Morgan, Citi and HSBC as advisors for mega IPO of India arm
A potential filing of the draft papers of this mega deal in the works is likely by June 2024 and if the listing plans fructify
It would be the biggest ever IPO on the Indian bourses. Prior to this, the $2.7-billion listing of LIC in 2022 was India’s biggest IPO
US markets ended mixed on last Friday
Dow lost 0.13%, Nasdaq rallied 1.25% and S&P500 added 0.57%
US VIX ended 12.92
PayPal falls 12% after flat earnings report and adjusted profit for the current year
US 10-year yields flat at 4.12 & Brent crude nearly $82/bbl

GiftNifty indicates a positive opening for the index
Nifty this week trend decider 22050 and 21600
Today Nifty is facing a intraday resistance 21820 and 21850
If stays above 21850 will try to move 21910

On flip side, Nifty considering a supports 21750 and 21720
Below 21720 finding a next support around 21650

Updated : 08.56 am / 12th Feb 2024

12th Feb 2024 #Banknifty Intraday Levels

Banknifty last close: 45634.55 (+1.38%)

Banknifty this week trend decider 46200 and 44850
Today Banknifty is facing a intraday resistance 45800 and 45900
If stays above 45900 finding a next resistance around 46100-46200

On other side, Banknifty considering a supports 45500 and 45400
Below 45400 finding a next support around 45150

Updated: 08.33 am / 12th Feb 2024

09th Feb 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 21717.95 (-0.97%)

The equity benchmarks the Sensex and the Nifty ended February 8 sharply lower
The Nifty was opened around 22000 then fell sharply up to 21650
Finally, Nifty closed 212.55 points or 0.97 percent lower at 21,717.95
The Sensex closed 723.57 points or 1 percent down at 71,428.43
Sectoral matrix was mixed. Nifty Private Bank was the biggest loser, down 2.59 percent
Nifty FMCG was dragged a little over 2 percent thanks to selling in ITC
Nifty Financial Services and Nifty Auto were also big losers of the day
PSU Bank was the biggest gainer, up 2 percent while Nifty Media followed with gains of about 2 percent
Nifty Oil & Gas also added about a percent.
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) kept the key policy rates unchanged
MPC decides to keep repo rate unchanged at 6.5 percent sixth time
LIC Q3 net profit jumps 49% YoY to Rs 9,441 crore
SEBI asks Zee Business guest experts to cough up Rs 7.41 crore
Biocon swings back to profit in Q3, revenue up 34.4%
FIIs net sold shares worth Rs 4,933.78 crore
while domestic institutional investors (DIIs) purchased Rs 5,512.32 crore worth of stocks on February 8
US markets ended with marginal gains on Feb 8
Dow gained 0.13%, Nasdaq rallied 0.25% and S&P500 ended flat
Disne rises 11.5% on better than expected earnings report
ARM holdings surges 48% on strong demand guidance for AI designs
US 10-yield rises to 4.15% following lower jobless claims data
Brent futures closed up $2.42, or 3 percent, to $81.36 a barrel
US West Texas Intermediate crude climbed $2.36, or 3.2 percent, to $76.22
Gold prices falls near $2034/oz
Most Asian markets are shut today
Nikkei open higher around 0.5%

GiftNifty indicates a marginally negative opening for the index
Nifty is facing a intraday resistance 21780 and 21820
If stays above 21820 will try to move 21880

On other side, Nifty can be considered as supports 21650 and 21610
Below 21610 finding a next support around 21540

Updated: 08.52 am / 09th Feb 2024

09th Feb 2024 #Banknifty Intraday Levels

Banknifty last close: 45012 (-1.76%)

Today Banknifty is facing a intraday resistance 45250 and 45350
If stays above 45350 will try to move 45500
Stay caution at higher levels!!

On flip side, Banknifty considering a supports 44800 and 44650
Below 44650 finding a next support around 44300

Updated: 08.32 am / 09th Feb 2024