Stock Market update for 23/01/2023

Stock Market update for 23/01/2023

Last Friday Nifty fell around 80 points it was a huge rally. Nifty started in positive direction and ended in negative. Nifty has a support level near 18000 once it braked it will go up to 17800 and it had a resistance level near 18200. Last Friday Foreign institutions had sold around 2000cr, and our domestic institution had bought around 1500cr. US Market markets ended up in green they have gained more than 1% last Friday. Nifty future and SGX Nifty are indicating nearly 100 points gap up. gap won't sustain after gapping up the market will fall. If FIIs continuous to sell more our market will end in red. Hope everything goes well and see whether nifty will break 18200 and goes up or it breaks 18000 and goes down. Today, Axis Bank, IDBI, TMB, TATA Communications are going to declare their results. So, keep eye on these stocks.

Index

Close

Open

High

Low

Nifty50

18,027.65

18,115.60

18,145.45

18,016.20

Sensex

60,621.77

60,901.16

61,001.18

60,585.25

Bank Nifty

42,506.80

42,516.05

42,709.20

42,366.15

Dow Jones

33,375.49

33,073.46

33,381.95

32,948.93

S&P 500

3,972.61

3,909.04

3,972.96

3,897.86

Nasdaq

11,140.43

10,924.66

11,143.17

10,885.64

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