Stock Market Update for 09-01-2023

 Stock Market Update Today 



Last week Nifty closed near 17850 after breaking 18000. Nifty form new support level neat 17800 and previous support level 18000 become a new resistance level. On Friday after gapping up market started falling after 1:30pm market started recovering. Last week Major Global Index are closed in positive. US market gained more than 2% in a single day. After market hours Nifty Futures ended up in 18105 and SGX Nifty ended up in 18109. Domestic Institutions had been net buyers they have bought nearly 1000cr and Foreign Institutions had been net sellers they have sold nearly 3000cr. SGX nifty and Nifty Futures are near 18100 so Nifty spot will open with 100 points gap up and consolidate. Today market will end in green.


Last Friday Data

Index

Open

High

Low

Close

Nifty50

18,008.05

18,047.40

17,795.55

17,859.45

Sensex

60,388.74

60,537.63            

59,669.91

59,900.37

Bank Nifty

42,649.70

42,685.90            

41,877.00

42,188.80

Dow Jones

33,055.30

33,710.66            

32,997.39

33,630.61

S&P 500

3,823.37

3,906.19              

3,809.56

3,895.08

Nasdaq

10,363.96

10,604.14            

10,265.04

10,569.29


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