10th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22642.75 (-0.1%)
Indian benchmark indices the Sensex and the Nifty scaled fresh lifetime highs on April 9
But failed to hold on the gains as profit booking ahead of the release of key inflation figures for India and the US
Finally, The Nifty also pared to slipped from its new peak of 22,768.40 to close 24.50 points, or 0.11 percent lower, at 22,641.80
Sensex settled 58.80 points, or 0.08 percent, lower at 74,683.70
Top Nifty gainers were Apollo Hospitals, Hindalco, ICICI Bank and Infosys
while losers were Titan Co, Hero MotoCorp, Coal India and Reliance Industries
As for sectors, auto, capital goods, FMCG, energy, infra, oil and gas and pharma closed with 0.3-1 percent losses
while banks, metals and realty indices were rose 0.3-1 percent
midcap index also slipped 0.5 percent and the smallcap index shed 0.2 percent
ICICI Lombard enters into a strategic partnership with Policybazaar
Skymet is expected to see a ‘normal monsoon’ in 2024
Hinduja Group’s IIHL acquires 60% stake in Invesco India Asset Management
Vendanta gets an upgrade by CLSA
Foreign institutional investors (FIIs) net sold shares worth Rs 593.20 crore
while domestic institutional investors (DIIs) bought Rs 2,257.18 crore worth of stocks on April 9
US markets ended flat note ahead of US CPI reading
US 10-year yield at 4.35%
Crude falls below $90/bbl
Gold sustains near record high $2350/oz
Asian markets mixed in early trade
GiftNifty indicates a positive note for the index
Nifty is facing a intraday resistance 22675 and 22700
If stays above 22700 will try to check 22740
On other hand, Nifty considering a supports 22620 and 22590
Below 22590 finding a next support around 22540
Updated: 08.42 am / 10th April 2024
10th April 2024 #Banknifty Intraday Levels
Banknifty last close: 48730.55 (+0.31%)
Today Banknifty is facing a intraday resistance 48800 and 48880
If stays above 48880 will try to move 49050
On other side, Banknifty can be considered as supports as 48650 and 48580
Below 48580 finding a next support around 48450
Updated: 08.22 am / 10th April 2024
09th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22666.30 (+0.68%)
The benchmark Nifty 50 and the 30-stock Sensex opened higher and sustained gains to scale fresh record highs on April 8
Nifty was opened 22600 and rallied to 22697 on April 8
Sensex was up 494.28 points or 0.67 percent at 74,742.50
Nifty 50 was up 152.60 points or 0.68 percent at 22,666.3
Top Nifty gainers were Mahindra & Mahindra, Eicher Motors, Maruti Suzuki
while losers were Wipro, LTIMindtree, Adani Ports, Nestle India and Apollo Hospitals
As for other sectors, auto, energy, infra, metal and realty were the top gainers, up 1-2 percent
while the PSU bank, information technology and media indices were down 0.5-1 percent
midcap and smallcap indices ended the day with marginal gains
More than six years after making a big-bang entry into Axis Bank
Bain Capital is all set to make a complete exit from the private sector lender
US private equity major looks to dilute its balance stake and launch a fresh block deal of around $430 million
Maybe offer price range is Rs 1,071 – Rs 1,076.05 per share, a discount of 0 percent to 0.47 percent
Tata Motors’ JLR records 11% sales growth in Q4FY24
Foreign institutional investors (FIIs) net sold shares worth Rs 684.68 crore
while domestic institutional investors (DIIs) bought Rs 3,470.54 crore worth of stocks on April 8
US markets ended flat note on April 8
US 10-year yield steady around 4.4%
Crude rises above $90/bbl amid geopolitical tensions
Gold hits record high for 7th straight session on demand
Bitcoin above $72000
Asian markets were set to higher opening in early trade
GiftNifty indicates a positive opening for the index
Nifty is facing a intraday resistance 22700 and 22740
If stays above 22740 finding a next resistance around 22800
On other hand, Nifty considering a supports 22625 and 22585
Below 22585 finding a next support around 22530
Updated: 08.49 am / 09th April 2024
09th April 2024 #Banknifty Intraday Levels
Today’s Banknifty supports, resistance levels and open interest data will be sharing to my free telegram channel.
Free telegram channel link is https://t.me/FlyingcallsArjun
Updated: 08.37 am / 09th April 2024
08th April 2024 #Nifty Intraday Levels and Pre-Market Report
Nifty last close: 22513.70
Broader indices continued the last financial year outperformance in the first week of April (FY25)
On last week, Sensex rose 596.87 or 0.81 percent to finish at 74,248.22 and touched record high of 74,501.73
Nifty50 index gained 186.8 points or 0.83 percent to close at 22,513.70 and touched new high of 22,619
Among the broader indices, the BSE Small-cap, Mid-cap and Large-cap indices gained 7%, 4% and 1%
Among sectors, Nifty Media index jumped 6.7 percent, Nifty Metal added 5.3 percent
Nifty PSU Bank up 4.2 percent and Nifty Realty index rose 4 percent
Foreign institutional investors (FIIs) sold equities worth of Rs 3,835.75 crore
DIIs just bought 2 lakhs only on last week
US markets ended higher on last Friday
Dow gained 0.8%, Nasdaq rallied 1.2% and S&P500 gained 1.1%
US VIX sustained 16
US 10-year yield jumps to 4.4%
Crude falls below $90/bbl
Gold prices hover near record high and ended $2325/oz
Asian markets higher ahead of China inflation data this week
Nikkei up 1% and Hangseng up 0.5%
GiftNifty indicates a positive opening for the index
Nifty this week trend decider 22620 an 22300
Today Nifty is facing a intraday resistance 22540 and 22575
If stays above 22575 will try to check 22620
On other hand, Nifty considering a supports 22490 and 22450
Below 22450 finding a next support around 22380
Updated: 08.50 am / 08th April 2024
08th April 2024 #Banknifty Intraday Levels
Banknifty last close: 48493.05 (+0.9%)
This week Banknifty trend decider 48650 and 47700
Today Banknifty is facing a intraday resistance 48650 and 48800
If stays above 48800 will try to check 49000
On flip side, Banknifty considering a supports 48380 and 48250
Below 48250 finding a next support around 48050
Updated: 08.40 am / 08th April 2024
05th April 2024 #Nifty Intraday Levels and Pre-Market Reports
Nifty last close: 22514.65 (+0.36%)
On Thursday, Nifty was seen highly volatile and travelled almost 500 points swing
Nifty was opened 22600 then fell to 22300 again went to day’s high
Finally, Nifty was up 80 points, or 0.36 percent, to 22,514.70
The Sensex ended 350.81 points, or 0.47 percent, higher at 74,227.63
India VIX around 11.20
Midcap and Small-cap was seen outperform and ended 1% higher
HDFCBank finally crossed 1500 market after the long period
Foreign institutional investors (FIIs) net sold shares worth Rs 1,136.47 crore
while domestic institutional investors (DIIs) offloaded Rs 893.11 crore worth of stocks on April 4
The NSE has retained Hindustan Copper, SAIL and Zee Entertainment Enterprises to the F&O ban list for April 5
RBI defers implementing directions on exchange-traded forex derivatives to May 3
Zee-Sony merger: NCLAT to decide next course of action in appeal on April 15
Reserve Bank of India’s Monetary Policy Committee is set to announce its interest rate decision on April 5
US markets seen highly volatile and ended sharply lower on April 4
US initial weekly jobless claims rise to 2.21 Lk vs 2.10 Lk
Also FED Gov said in the media there is no rate cuts in 2024
Dow declined 1.35%, Nasdaq dropped to 1.4% and S&P500 fell 1.23%
Dow declined more than 1000 points from day high
US VIX shot up 14% t 16.35
US 10-year yield falls near 4.3%
Crude rises above $90/bbl for the geopolitical tensions
Gold falls to $2270/oz after hitting all time high
Asian markets were set to lower opening in the early session
GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 22540 and 22600
If stays above 22600 will try to move 22675
On flip side, Nifty considering a supports 22475 and 22425
Below 22425 finding a next supports 22340
Updated: 09.00 am / 05th April 2024