Bank Nifty is consolidating in a range - 5mins

Nifty at Zone Support - 5mins

It found support at the Zones and is currently holding above them - Nifty 5mins

Nifty is still consolidating at the Zone Support.

Broken Zone support - Nifty 5mins

Bank Nifty continues to remain in a consolidation phase.

The BSE and the NSE will remain closed on November 05 on account of the Prakash Gurpurb Sri Guru Nanak Dev

📊 MT - Pre Market Update

⚡️Gift Nifty Analysis:

GIFT Nifty is currently trading at 25,728, which is indicating a positive opening for the day.


💬 Top 5 Stocks in News:

1. Fusion Finance - Approved the issuance of up to 10,000 secured, listed NCDs worth ₹100 crore on a private placement basis.
2. Adani Enterprises - Plans to consider raising ₹25,000 crore through a rights issue on November 11.

3. SIS - Completed the acquisition of 64,556 shares of A P Securitas for ₹71.29 crore, increasing its stake to 51%.

4. Cemindia Projects - Will subscribe to 2,600 shares representing a 26% stake in Morsagar Bisalpur Water.

5. B-Right Realestate - Arm will complete the redevelopment of UCO Bank Employees’ CHSL, with an estimated GDV of ₹256 cr.

🌍Top 3 Global Cues:

1. Asian stocks rose at the open, following Wall Street’s lead after a brief retreat in technology shares,Investor sentiment was boosted by signs of a resilient US labor market.

2. US stocks rebounded as concerns over inflated tech stock valuations eased,Upbeat earnings and stronger-than-expected economic data boosted investors' risk appetite.

3. Dollar steadies below highs; sterling slips ahead of BoE meeting.

📈📉 FII / DII activity in the last trading session:

FII's were net sellers amounting to 1,067CR and DII's were net buyers amounting to 1,202CR

#Nifty 5mins - MT Pro Institutional levels

#BankNifty 5mins - MT Pro Institutional Levels

#Sensex 5mins - MT Pro Institutional Levels
(These Anchored Zones are intraday leading S/R levels and will not change from 9:15 till 3:30)

#Momentum Stock Scanner Alert

Nifty showed weakness from the 25,670 levels - 5mins

After opening, it faced rejection from the EMA bands and dropped continuously from there - Bank Nifty 5mins

Nifty facing rejections at the EMA bands - 5mins

It broke above the EMA bands and is trying to hold above them - Nifty 5mins

Both Nifty and Bank Nifty are trading with volatility and moving sideways.

📊 MT - Pre Market Update

⚡️Gift Nifty Analysis:

GIFT Nifty is currently trading at 25,500, which is indicating a negative opening for the day.


💬 Top 5 Stocks in News:

1. Rail Vikas Nigam Ltd - Emerged as the lowest bidder for a Central Railway order worth over ₹272 crore, announced on November 6.
2. Panorama Studios - Subsidiary signed a deal for airborne rights to Kannada film Timmana Mottegalu.

3. RITES - Signed an agreement with the Director General of Naval Projects, Mumbai, for consultancy services.

4. Godawari Power - Received leasehold land in Raipur from Chhattisgarh authorities to set up an integrated steel plant.

5. Welspun Enterprises - Secured a Rs. 3,145 crore order to design and operate a 910 MLD water treatment plant in Maharashtra.

🌍Top 3 Global Cues:

1. Asian stocks slipped at Friday’s open, following choppy Wall Street trading, amid concerns over high AI valuations and a cooling labor market.

2. US stocks closed lower on Thursday, continuing Tuesday’s tech selloff, Investors were concerned about mounting economic uncertainty and stretched valuations.

3. The dollar fell in early Asia trade, weighing on major currencies amid weak private sector signals.

📈📉 FII / DII activity in the last trading session:

FII's were net sellers amounting to 3,263CR and DII's were net buyers amounting to 5,283CR