Stock Market Update for 06/01/2023

Stock Market Update for 06/01/2023

Yesterday Nifty started with gap up and started falling after 1:30 pm it started recovering. Nifty had a swing of 200 points in a single day. Yesterday both foreign institutions and domestic institutions were net sellers. FIIs sold 1,449.45cr and DIIs sold 194.09cr. Yesterday Nifty breaks the support level at 18000 the next support level is at 17800. European markets are ended in negative. US markets are in huge rally it ended in negative it fell more than 1%. SGX Nifty and Nifty future are indicating gap up the gap won't sustain the market going to fall because both FIIs and DIIs were net sellers yesterday

Index	Open	High	Low	Close
Nifty50	18,101.95	18,120.30	17,892.60	17,992.15
Sensex	60,847.50	60,877.06	60,049.84	60,353.27
Bank Nifty	43,073.05	43,137.55	42,298.60	42,608.70
Dow Jones	33,191.72	33,191.72	32,812.33	32,930.08
S&P 500	3,828.10	3,839.74	3,802.42	3,808.10
Nasdaq	10,390.31	10,393.22	10,295.25	10,305.24