Stock Market update for 20/01/2023

Stock Market update for 20/01/2023

Yesterday Nifty had huge volatility it started with a gap down and started falling after some point of time it started recovering and reached above 18150 and started falling again and ended above 18100. 18100 forms a new support region. Yesterday Foreign Institutions had bought nearly 400cr and our Domestic Institutions had sold above 100cr. Nifty had resistance near 18200 once it breaks market will in uptrend. Yesterday US Market had huge rally it started with gap down and after sometimes it recovered to some extent at the end it felled. Today Asian Markets are in green SGX Nifty and Nifty Futures indicating a flat or small gap up. FIIs turned into buyers for our market but US market is continuously falling it may have reaction in our market. Let us wait and watch. Vedantha Limited have given a breakout from a channel so it tends to move up some points so watch it carefully. 

Index

Close

Open

High

Low

Nifty50

18,107.85

18,119.80

18,155.20

18,063.75

Sensex

60,858.43

60,920.02

61,032.47

60,716.55

Bank Nifty

42,328.85

42,416.30

42,506.25

42,234.90

Dow Jones

33,044.56

33,171.35

33,227.49

32,982.05

S&P 500

3,898.85

3,911.84

3,922.94

3,885.54

Nasdaq

10,852.27

10,890.40

10,932.52

10,804.57


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