Stock Market Update for 09/02/2023
Yesterday Nifty had broken the support near 17800. If today market closed above 17800 then our market will have uptrend. Next resistance level is at 17950. If Nifty breaks resistance level our market will have strong up trend. Yesterday Foreign Institutions had sold above 700cr, and our Domestic Institutions had bought above 900cr. Yesterday US Markets ended in red Nasdaq is down by more than 1.5%. Yesterday RBI meeting had over as expected they have raised interest rate by 25 basis points so we can expect recovery in market. Today SGX Nifty and Nifty futures Indicating flat or small gap up opening. Today is a expiry day so we can expect huge volatile in market. If everything goes well nifty will become bullish soon.
Index |
Close |
Open |
High |
Low |
Nifty50 |
17,871.70 |
17,750.30 |
17,898.70 |
17,744.15 |
Sensex |
60,663.79 |
60,332.99 |
60,792.10 |
60,324.92 |
Bank Nifty |
41,537.65 |
41,542.05 |
41,791.95 |
41,403.05 |
Dow Jones |
33,949.01 |
34,132.90 |
34,161.65 |
33,899.79 |
S&P 500 |
4,117.86 |
4,143.60 |
4,156.85 |
4,111.67 |
Nasdaq |
11,910.52 |
12,069.12 |
12,096.39 |
11,890.09 |
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