Stock Market Update for 01/02/2023
Yesterday Nifty started with 100 points gap up after that it have felled more than 200 points after that nifty started to recover and end in green. Due to Adani our market had felled much now Adani started recovery in some sectors so Nifty getting stabled. Another reason is tomorrow our government is going to announce the budget, so we had huge rally. As usual Foreign Institutions had sold above 5400cr. and our Domestic Institutions had bought above 4500cr. The Important Resistance levels for Nifty are 17800 and 18000. Important Support levels for Nifty are 17400 and 17000. Once it breaks any one of this Nifty will go in the particular direction. Today Market will take a particular direction only after the budget. Budget timing is 11am. Yesterday US market had gained more than 1%. Nifty futures and SGX Nifty indicating a gap up. Today Market will have huge volatile.
Index |
Close |
Open |
High |
Low |
Nifty50 |
17,662.15 |
17,731.45 |
17,735.70 |
17,537.55 |
Sensex |
59,549.90 |
59,770.83 |
59,787.63 |
59,104.59 |
Bank Nifty |
40,655.05 |
40,563.85 |
40,811.65 |
40,167.70 |
Dow Jones |
34,086.04 |
33,803.56 |
34,095.23 |
33,664.91 |
S&P 500 |
4,076.60 |
4,020.85 |
4,077.16 |
4,020.44 |
Nasdaq |
11,584.55 |
11,398.58 |
11,586.01 |
11,398.37 |
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