09th April 2025 #Nifty Intraday Levels and Pre-Market Reports

Benchmark indices staged a strong rebound on April 8
Snapping a three-day losing streak with Nifty 50 closing comfortably above 22,500
Sensex was up 1,089.18 points or 1.49 percent at 74,227.08
Nifty was up 374.25 points or 1.69 percent at 22,535.85
NiftyBank gains 651 points to 50,511 & #MidcapIndex 1,029 points to 49,838
All the sectoral indices ended in the green
Capital Goods, Consumer Durables, FMCG, Oil and Gas, PSU, Realty, Telecom, Media up 2-4 percent
Nifty Auto, IT, Metal, Realty too snapped a three-day losing streak to rise between 1.2-2.5 percent
Midcap index rose 1.8 percent and Smallcap index added 2 percent
India VIX down 10% to 20.44
The gains on April 9 have resulted in investors’ wealth rise by more than Rs 7 lakh crore
The United States said on Tuesday that 104% duties on imports from China will take effect shortly after midnight
Trump announces plan for ‘major’ tariff on pharma imports
Oil slides nearly 4% as US kicks off 104% tariffs on China
The Dow Jones Industrial Average fell 320.01 points, or 0.84%
Dow erased 4% gain and ended 0.85% lost. Down fell 4500 points in last 4 sessions
Nasdaq Composite lost 335.35 points, or 2.15
The S&P500 lost 1.57% at 4982
S&P 500 closing below 5,000 for the first time in almost a year
The index is now 18.9% below its most recent high on February 19
Apple ends -5% lower after rallying 4% earlier in the session
Treasury Secretary Scott Bessent told CNBC that around 70 countries had approached the U.S. for tariff negotiations
The yield on 10-year Treasuries was up 90 basis points at 4.33%
Yields jump after treasury department auctioned $58 billion in 3-year Treasury note
Dollar Index at 102.4
Brent Crude at 61$/barrel, fear is tariffs will trigger a full-blown, global trade war.
Bitcoin at 76500$
Gold at 2984$/ounce
Asian markets were set to lower opening for the index
Nikkei down 2.5% and Hangseng down 1.5%
Chinese stocks resume slide as Trump raises trade war stakes

GiftNify indicates a negative opening for the index
Nifty is facing a intraday resistance 22600 and 22680
If stays above 22680 will try to move 22760

On other side, Nifty can be considered as supports as 22470 and 22400
Below 22400 finding a next support around 22320 and 22240

Updated: 08.46 am / 09th April 2025