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12th May 2025 #Nifty Intraday Levels and Pre-Market Reports

Nifty last close: 24008 (-1.10%)

Indian benchmark indices Sensex and Nifty 50 are likely to see a gap-up opening on May 12
The ongoing border tensions between India and Pakistan dragged the Indian benchmark indices by more than a percent in the week ended May 9
On last week Sensex index declined 1,047.52 points or 1.3 percent to close at 79,454.47
Nifty50 shed 338.7 points or 1.4 percent to close at 24,008
Large-cap Index declined 1.5 percent
Small-cap index shed 1.3 percent
Mid-cap Index fell 1.4 percent
Among sectors, Nifty Realty index plunged 6.5 percent, Nifty PSU Bank index shed 4.4 percent
Nifty Bank, Pharma, Energy, Oil & Gas down more than 2 percent each
On the other hand, Nifty Auto and Media rose more than 1 percent each
FIIs remained net buyers in the fourth consecutive week as they bought equities worth Rs 5,087.42 crore
DII bought equities worth Rs 10,450.96 crore
J&K sees first peaceful night since May 7 as no ceasefire violations reported across LoC
US stocks ended the week on a quiet note on Friday after oscillating between slight gains and declines
As investors gauged President Donald Trump’s comments on Chinese tariffs ahead of weekend trade talks between the two countries.
US officials say deal struck to cut China trade deficit
Dow Jones Industrial Average fell 119.07 points, or 0.29%
S&P 500 lost 4.03 points, or 0.07%, to 5,659.91
Nasdaq Composite gained 0.78 points, or flat, to 17,928.92
Asian markets were set to higher opening
Nikkei at flat opening and Hangseng were up 1%

GiftNift indicates a big up for the index
This week trend decider 23800 and 24500
Nifty is facing a intraday resistance 24130 and 24200
If stays above 24200 finding a next resistance 24330 and 24500

No need supports for today’s trade ahead of big up

Updated: 08.53 am / 12th May 2025

12th May 2025 #Banknifty Intraday Levels

Banknifty last close: 53595.25 (-1.42%)

This week trend decider 55000 and 53100
Today Banknifty is facing a intraday resistance 53750 and 53940
If stays above 53940 finding a next resistance around 54200

On other side, Banknifty considering a supports 53470 and 53250
If stays above 53250 finding a next support around 53100

Updated: 08.31 am / 12th May 2025

09th May 2025 #Nifty Intraday levels and Pre-Market Reports

Nifty last close: 24273.80 (-0.58%)

The Indian equity indices ended weak on May 8 as investors remained concern over escalating tensions between India and Pakistan
Sixteen civilian lives have been lost, including three women and five children, due to Pakistani firing India
Sensex was down 411.97 points or 0.51 percent at 80,334.81
Nifty was down 140.60 points or 0.58 percent at 24,273.80
Except IT and Media, all other sectoral indices ended in the red
Metal, oil & gas, pharma, PSU Bank, auto, consumer durables, realty down 1-2 percent
The BSE midcap index shed 1.9 percent and smallcap index fell 1 percent
Rupee ends at 85.71/$ against Wednesday’s close of 84.83/$
Rupee posts biggest single session decline against $ since February 2023
Bank Of England (BoE) Cuts Interest Rates By 25 bps To 4.25% from 4.5%
FIIs continued their buying on 16th consecutive session on May 8 as they bought equities of Rs 2,007 crore
On the other hand, Domestic institutional investors (DIIs) sold equities of Rs 596 crore on same day
US stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain
The Dow Jones Industrial Average rose 254.48 points, or 0.62%
S&P 500 gained 32.66 points, or 0.58%, to 5,663.94
Nasdaq Composite gained 189.98 points, or 1.07%
Asian markets were set to higher opening
Nikkei up 1.5% and Hangseng down 0.25%

GiftNifty indicates a gap down opening for the index
Nifty is facing a intraday resistance 24300 and 24340
If stays above 24340 finding a next resistance 24400
Stay caution at higher levels

Nifty considering a supports 24240 and 24200
Below 24200 finding a next supports 24100 and 24000

Updated : 09.00 am / 09th May 2025

09th May 2025 #Banknifty Intraday Levels

Banknifty last close: 54365.65 (-0.45%)

Today Banknifty is facing a intraday resistance 54470 and 54600
If stays above 54600 will try to move 54750
Stay caution at higher levels

On flip side, Banknifty considering a supports 54200 and 54000
Below 54000 finding a next support around 53700 and 53300

Updated: 08.39 am / 09th May 2025