Stock Market Update 27/01/2023

Stock Market Update 27/01/2023


Wednesday Nifty had a straight fall it had fell more than 200 points in a single day. Nifty had broken the resistance near 18000 and takes the support at 17800 which acts as a huge support for the nifty, once it break, nifty will fall more. On Wednesday US market had started with a gap down after some time it recovered and closed near previous day closing. Yesterday our market is in holiday due to Republic Day and tomorrow and day after tomorrow are holiday so today market will have huge volatility. Yesterday maximum markets are in green. On Wednesday Foreign Institutions had sold nearly 2400cr and Domestic institutions had bought nearly 1400cr. Tata Motors have posted profit for first time in last two years so it should be in our watchlist. Yesterday US Market ended in green. SGX Nifty and Nifty futures are indicating gap up. Let us wait and see whether the gap will sustain, and our market will end in green.

Index

Close

Open

High

Low

Nifty50

17,891.95

18,093.35

18,100.60

17,846.15

Sensex

60,205.06

60,834.73

60,899.21

60,081.36

Bank Nifty

41,647.65

42,703.60

42,733.05

41,540.30

Dow Jones

33,949.41

33,771.66

33,953.79

33,635.60

S&P 500

4,060.43

4,036.08

4,061.57

4,013.29

Nasdaq

11,512.41

11,458.41

11,516.05

11,341.19


Comments