Stock Market Update for 17/01/2023
Yesterday Nifty had huge volatility. Nifty started with huge gap up, but it not sustained and started falling. Though all other markets are in green and Us market are in holiday our had huge rally. Yesterday also Foreign Institutions had sold nearly 750cr and our Domestic Institutions had bought nearly 700cr. Though HDFC bank had declared a good result, it started falling after 11:00AM. Our Market is in huge volatility. The support level is still at 17800. Though all other markets are in green, but our market is continuously falling. Due to declaration of budget by our government and corporate results our market is having huge volatility. Yesterday our market hadn't fell much because of IT sector. SGX Nifty and Nifty Futures are slightly above the yesterday's closing. Market may take any direction due to FIIs continuous selling market may take downside hope everything goes well our won't break 17800. If it happened, then our market will fall.
|
Index |
Close |
Open |
High |
Low |
|
Nifty50 |
17,894.85 |
18,033.15 |
18,049.65 |
17,853.65 |
|
Sensex |
60,092.97 |
60,550.50 |
60,586.77 |
59,963.83 |
|
Bank Nifty |
42,167.55 |
42,622.50 |
42,715.65 |
42,066.55 |
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