Stock Market Update for 04.01.2023

 Pre-Market Report for 04.01.2023

Yesterday Nifty started with a gap down and with huge volatility it ended up in positive. Yesterday Nifty closed above 18200. The Nifty maintains same support and resistance level as we mentioned in the previous blog. The foreign institutions have sold more than what domestic institutions bought. The FIIs were sold 628.07cr and DIIs were bought only 350.57cr. The European markets were ended up in positive. The US Markets were in huge rally it started with a gap up and there is a sudden fall after sometimes it starts recovering to some extent and finally ended in negative. Nifty Future indicating a flat opening in the market the direction which it takes will be the direction of the day. Probably it may take downside afternoon it may recover.

Index	Open	High	Low	Close
Nifty 50	18,163.20	18,251.95	18,149.80	18,232.55
Sensex	61,074.88	61,343.96	61,004.04	61,294.20
Bank Nifty	43,151.45	43,482.80	43,148.45	43,425.25
Dow Jones	33,148.90	33,387.52	32,850.57	33,136.37
S&P 500	3,853.29	3,878.46	3,794.33	3,824.14
Nasdaq	10,562.06	10,613.06	10,309.16	10,386.99