28th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22123.65 (+0.54%)

Nifty was ended higher note due to positive global cues
Nifty up 119 points to 22,124 and Sensex rises 526 points to 72,996
Biggest gainers on the Nifty were Reliance Industries, Maruti Suzuki, Bajaj Auto, Bajaj Finance
while losers included Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy’s
Among sectors, auto, bank, capital goods, power, realty, telecom were up 0.5-1 percent
while metal, IT, media down 0.3-0.5 percent
midcap index ended on a flat note and the smallcap index gained 0.7 percent
BSE releases list of 25 stocks available for T+0 settlement starting March 28
The Centre will borrow Rs 7.50 lakh crore via the issuance of government securities in the April-September period of FY25
Foreign institutional investors (FIIs) net bought shares worth Rs 2,170.32 crore
while domestic institutional investors (DIIs) purchased Rs 1,197.61 crore worth of stocks on March 27
Cloverdell Investment likely to sell its entire stake in IDFC First Bank via block deals
Shareholders approve delisting of company and share-swap ratio
For every 100 shares of ICICI Sec, 67 shares of ICICI Bank will be share-swap ratio
The offer size is likely to be at Rs 1,191.40 crore and the company is looking to sell 15.9 crore shares
The floor price set at Rs 75 per share, implying 4 percent discount to current market price
US markets ended higher on March 27
Dow gained 1.22%, Nasdaq rallied 0.52% and S&P500 added 0.86%
S&P500 postes record close on March 27
US 10-year bond yield falls to 4.1% from 4.2%
Crude sustains $86/bbl
JPMorgan expects Russia’s actions to push Brent crude to $100 by Sept
Gold sustains $2200/oz
Australlian index hits record high in opening trade on Thursday
Asian markets were set to mixed opening for early morning
Nikkei down 1% and Hangseng up 0.85%

GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22150 and 22185
If stays above 22185 will try to move 22240

On flip side, Nifty considering a supports 22100 and 22080
Below 22080 finding a next support around 22040

Updated: 08.52 am / 28th March 2024

27th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22004.70 (-0.42%)

The markets broke three-day winning momentum and ended lower in the volatile session on March 26
Nifty was opened around 22000 and seen strong consolidation around 22000-22050
Finally, Nifty was down 92.10 points, or 0.42 percent, at 22,004.70
Sensex was down 361.64 points, or 0.5 percent, at 72,470.30
Bajaj Finance, Hindalco Industries, Britannia Industries, Adani Ports and L&T were among the top gainers
while losers were Power Grid Corporation, Eicher Motors, Bharti Airtel, Kotak Mahindra Bank and Wipro
On the sectoral front, Bank and Information Technology indices were down 0.5 percent each
while Capital Goods, Realty, Oil & Gas, Metal indices gained 0.5-1 percent
India’s current account deficit narrows to $10.5 billion in October-December
Foreign institutional investors (FIIs) net bought shares worth Rs 10.13 crore
while domestic institutional investors (DIIs) purchased Rs 5,024.36 crore worth of stocks on March 26
US markets erase opening gains and ended day’s low on March 26
Dow ended almost flat, Nasdaq down 0.42% and S&P500 fell 0.28%
US VIX settled around 13.2
Nvidia fell almost 4% from record high
Trump Media and Tech group jumps 25% on its stock market debut
Crude falls and settled around $86/bbl
US 10-year yield slips from 4.3% to 4.2%
Gold hits record high $2220/oz
Asian markets were set to mixed opening in the early morning
Nikkei up 1% and Hangseng down 0.6%

GiftNifty indicating a flat opening for the index
Nifty is facing a intraday resistance 22035 and 22060
If stays above 22060 will try to move 22100

On flip side, Nifty considering a supports around 21990 and 21970
Below 21970 finding a next support around 21930

Updated: 08.45 am / 27th March 2024

26th March 2024 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 22096.75 (+0.39%)

Broader indices recovered some of the previous week’s losses
Outperformed the main indices in the week ended March 22
Last week, BSE Sensex added 188.51 or 0.25 percent to close at 72,831.94
Nifty50 index rose 73.45 points or 0.33 percent to end at 22,096.80
Nifty Realty index rose 5.4 percent, the Nifty Auto and Metal indices added 4 percent each
while the Nifty Information Technology index lost 6 percent
Small-cap, Mid-cap, and Large-cap indices rose 1.8 percent, 1.4 percent, and 0.6 percent, respectively
During the week, FIIs increased their selling as they sold equities worth Rs 8,365.53 crore
Domestic institutional investors (DIIs) bought equities worth Rs 19,351.62 crore
Beige Ltd is going to sell up to 2.90 percent stake in Mankind Pharma via block seals
Beige currently holds 2.99 percent stake in Mankind Pharma
The offer price is in the range of Rs 2,103-2,214 per share
ICICI Securities receives administrative warning from SEBI
US markets ended lower on March 25
Dow lost 0.4%, Nasdaq slipped to 0.27% and S&P500 down 0.3%
Nvidia hits record highs level after market hours
US 10-year yield around 4.3%
Spot gold gained 0.5 percent to $2,175.68 per ounce
The dollar index was last 0.02 percent lower at 104.20
Bitcoin tops $70,000 again after slumping on US ETF outflows
Asian markets were set to higher opening in the early trade
Hangseng up 0.4% and Nikkei down 0.10%

GiftNifty indicates a flat opening for the index
This week trend decider 22200 and 21830
Nifty is facing a intraday resistance 22140 and 22175
If stays above 22175 finding a next resistance 22250

On flip side, Nifty considering a supports 22050 and 22010
Below 22010 will try to check 21950

22nd March 2024 #Nifty Intraday Levels & Pre-Market Reports

Nifty last close: 22011.95 (+0.79%)

Sensex and Nifty 50 ended higher on March 21 tracking a rally in global markets
Nifty was opened 22000 and went to 22070 then fell to 21940
Finally, Nifty 50 was up 175.70 points or 0.80 percent at 22,014.80
Sensex was up 590.60 points or 0.82 percent at 72,692.29
The biggest gainers on the Nifty 50 included BPCL, NTPC, Tata Steel, Power Grid Corp
while the top losers included Bharti Airtel, ICICI Bank, HDFC Life, Maruti Suzuki
With all sectors ending in green
Nifty Realty and Nifty PSU Bank rose the most and Nifty Bank and Nifty FMCG saw the least gains
Midcap and BSE Smallcap added over 2 percent gains
BSE-listed companies gain Market Cap of ?5 lakh crore on Thursday
Bank Of England (BoE) keeps interest rates unchanged at 5.25%
Accenture cuts #FY24 revenue growth guidance to 1-3% from 2-5%
SWISS NATIONAL BANK RATE DECISION: 1.50%; EST. 1.75%; PREV. 1.75%
TURKEY’S CENTRAL BANK DELIVERS ITS NINTH STRAIGHT RATE HIKE, RAISING RATES TO 50% FROM 45%
Sebi issues framework for beta version of T+0 settlement; to start with 25 scrips and limited trade timing
US weekly jobless claims unexpectedly fall; labor market gradually cooling
Foreign institutional investors (FIIs) net sold shares worth Rs 1,826.97 crore
while domestic institutional investors (DIIs) bought Rs 3,208.87 crore worth of stocks on March 21
US Markets ended higher on March 21
Dow gained 0.68%, Nasdaq rallied 0.2% and S&P500 gained 0.32%
US VIX at 12.92
Accenture down 9% after weak guidance and Apple falls 4%
Gold prices falls near $2180/oz
Brent crude futures fell 18 cents to $85.60 a barrel
Asian markets largely lower on early trade
Nikkei flat and Hangseng down 2.2%

GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 22050 and 22080
Above 22080 will try to move 22130

On other hand, Nifty considering a supports 21970 and 21930
Below 21930 finding a next support around 21880

Updated: 08.40 am / 22nd March 2024