03rd July 2024 #Nifty Intraday Levels and Pre-Market Reports

Today’s 03rd July 2024
Nifty and Banknifty intraday levels posted visit https://www.flyingcalls.com/
After posting strong gains in the previous session, the market traded rangebound throughout the session on July 2
Sensex was down 34.74 points or 0.04 percent at 79,441.45
Nifty was down 18.2 points or 0.08 percent at 24,123.80
Sensex and Nifty50 touched record highs of 79,855.87 and 24,236.35, respectively
Top Nifty gainers were L&T, Wipro, Infosys, HDFC Bank and TCS
while losers were Shriram Finance, Bharti Airtel, Kotak Mahindra Bank, Tata Motors
Midcap 100 index touched fresh high of 56,504.5 during the day but ended 0.8 percent lower at 55,854.7
On the sectoral front, capital goods, Information Technology, realty and oil & gas rose 0.3-1 percent
while bank, auto, FMCG, power down 0.3-0.9 percent
Arm Zomato Financial Services withdraws application submitted to #RBI for undertaking NBFC business
FIIs extended their selling for the second day, selling equities worth Rs 2,000 crore on July 2
while domestic institutional investors continued bought equities worth Rs 648 crore
HDFCBANK weight in MSCI EM is approx 3.8%. Post rejig will move to 7.2%-7.5%
Potential inflow $3.2 bn to $4 bn over 6 days
US markets ended higher on July 2
Fed chair Powell says progress seen in reducing inflation but not ready to lower rates
Today’s key event is FOMC minutes
The Dow Jones Industrial Average rose 0.41% to 39,331.85
S&P 500 gained 0.62% at 5,509.01 and the Nasdaq Composite advanced 0.84% to 18,028.76
Tesla jumps 10% & delivery data comes above expectation
Amazon hits all time high
US 10-year yield below 4.45%
Brent crude sustains $87/bbl
Dollar index sustains around 105.70
Asian markets were set to higher opening
Nikkei and Hangseng up 1% each