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11th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

September 11, 2023 8:40 AM

Nifty last close: 19819.95 (+0.5%)

The Indian market posted strong gains to end higher for the second consecutive week
Indian equity market logged its best week in the last two months
On weekly basis, Nifty50 rose 1.97 percent or 384.7 points to close at 19,820
Sensex added 1.85 percent or 1,211.75 points to close at 66,598.91
Realty index surging 5%, capital goods 5%, energy 4.7% & Power index rose 4.7%
FIIs selling spree continued for the seventh consecutive week, as they offloaded equities worth Rs 9,321.41 crore
DIIs bought shares worth Rs 4,572.14 crore during the week
US Markets ended marginal gains on 8 Sept
Dow gained 0.22%, Nasdaq ended flat and S&P500 rallied 0.14%
US VIX ended at 13.85
US 10-year yield rises to 4.29%
Crude falls from a near 10-month high. Brent holds above $90/bbl
Gold prices edge above $1920/oz
Asian markts mixed in early trade
Hangseng slips 2%, Kospi rises 0.5%

GiftNifty indicates a positive start for the index
This week Nifty trend decider 19900 and 19500
Today Nifty is facing a intraday resistance 19850 and 19890
If stays above 19890 will try to move 19950

On other side, Nifty considering a supports 19780 and 19740
Below 19740 finding a next support around 19680

Updated: 08.40 am / 11th Sept 2023

11th Sept 2023 #Banknifty Intraday levels

September 11, 2023 8:25 AM

Banknifty last close : 45156.40 (+0.6%)

This week Banknifty trend decider 45400 and 44200
Today Banknifty is facing a intraday resistance 45300 and 45450
If stays above 45450 will try to move 45650

On flip side, Banknifty considering a supports 45000 and 44850
Below 44850 finding a next support around 44650

Updated: 08.25 am / 11th Sept 2023

08th Sept 2023 #Nifty Intraday Levels and Pre-Market Reports

September 8, 2023 8:52 AM

Nifty last close: 19727.05 (+0.6%)

The market ended higher for the fifth straight session on September 7
Nifty was opened 19600 then fell to 19550 and spiked to 19737
Nifty 116 points, or 0.59 percent, at 19,727
Sensex was up 385.04 points, or 0.58 percent, at 66,265.56
Top gainers included Coal India, L&T, IndusInd Bank, SBI Life and Tech Mahindra
While losers were Tata Consumer Products, M&M, Britannia Industries, Sun Pharma and Infosys
Except FMCG and pharma, all indices traded in the green.
Bank, capital goods, PSU Bank, power and realty up 1-2 percent
Midcap index gained 0.8 percent and the smallcap rose 0.4 percent
Rupee down 0,09 percent from its previous close of 83.14
FIIs net sold 758 crore while DIIs net bought 28 crore on Sept 7
Jupitat Life Line Hospitals IPO subscribed 3.3 times on second day of bidding
Japan second quarter GDP in Japan expanded by 4.8% on a QoQ and expected 5.5%
US markets ended mixed on Sept 7
Dow up 0.17%, Nasdaq down 0.89% and S&P500 declined 0.32%
US VIX sustained 14.4
Apple falls more than 3% after China announces ban on iPhone for Govt staff
US 10-year yield eases to 4.2% following weekly jobless claims
Brent crude slips to $90/bbl
Gold prices climb above $1925/oz
Dollar index traded 0.09% higher to 104.95 and longest weekly winning streak in 9 years
Asian markets lower in early trade
Nikkei falls 1% after below expected GDP
HangSeng down 1% after huge rainfall. Highest rainfall since 1888

GiftNifty indicates a positive start for the index
Nifty is facing a intraday resistance 19760 and 19780
IF stays above 19780 will try to move 19830

Nifty considering a supports as 19690, 19670 and 19620

Updated: 08.50 am / 08th Sept 2023

08th Sept 2023 #Banknifty Intraday Levels

September 8, 2023 8:36 AM

Banknifty last close: 44878.35 (+1.1%)

Banknifty was seen strong rally and ended gain of 1% nearby 45000
Banknifty is facing a intraday resistance 44950 and 45100
If stays above 45100 will try to move 45300

On other side, Banknifty can be considered as supports as 44800 and 44700
Below 44700 will try to move 44500

Updated: 08.36 am / 08th Sept 2023