Stock Market Update for 12/01/2023

Stock Market Update for 12/01/2023


Yesterday Nifty went a huge rally and it closed nearly 20 points down but made a swing of 100 points from intraday high to low. As I mentioned earlier this month most companies are releasing their results so market will have huge rally. Yesterday also foreign institutions had sold more than 3200cr and Domestic institution had bought more than 2400cr. Nifty is continuously taking support near 17800 once it breaks there will be a huge fall. Today, Infosys is going to declare the results after market hours, so it tends to move in any direction according to the level of fulfillment of expectation. SGX Nifty and Nifty Futures indicating gap up today. Yesterday US market gained nearly 1%. Today if everything goes well our market will end in positive.   

Index

Open

High

Low

Close

Nifty50

17,924.25

17,976.35

17,824.35

17,895.70

Sensex

60,134.56

60,364.77

59,805.78

60,105.50

Bank Nifty

42,071.85

42,318.00

41,729.00

42,232.70

Dow Jones

33,754.03

33,974.69

33,711.04

33,973.01

S&P 500

3,932.35

3,970.07

3,928.54

3,969.61

Nasdaq

10,794.99

10,932.44

10,762.73

10,931.67


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