Stock Market Update for 16/01/023
Last week Friday market had huge volatility. It Started with a gap up and suddenly started falling. Majority of Nifty 50 stock started falling in the rally after 10:00 A.M. Nifty Started raising and started recover. After consecutive falling of three days nifty ended up in green. As our market US Market also had huge volatility it felled nearly 1% and started raising again and ended up nearly 1% positive. Saturday HDFC Bank had posted their results. The results are too good and break the expectation of analyst. Upcoming week many banks are going to release their results. So, we can expect huge volatility in Nifty and Bank Nifty. We have huge support near 17800 many times Nifty bounced back from the region. Last Friday Foreign Institutions had sold above 2400cr and Domestic Instutions had bought nearly 2000cr. Today SGX Nifty and Nifty Futures are indicating gap up. Today US Market is in holiday so effects on our market will be less. Today there is high probability that Nifty will ends in green.
|
Index |
Close |
Open |
High |
Low |
|
Nifty50 |
17,956.60 |
17,867.50 |
17,999.35 |
17,774.25 |
|
Sensex |
60,261.18 |
60,044.96 |
60,418.26 |
59,628.43 |
|
Bank Nifty |
42,371.25 |
42,171.25 |
42,453.95 |
41,885.60 |
|
Dow Jones |
34,302.61 |
34,075.31 |
34,342.32 |
33,915.49 |
|
S&P 500 |
3,999.09 |
3,960.60 |
4,003.95 |
3,947.67 |
|
Nasdaq |
11,079.16 |
10,906.37 |
11,084.01 |
10,900.16 |
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