Stock Market update for 25/01/2023

Stock Market update for 25/01/2023


Yesterday Nifty started with a gap up after 30min it started falling. Nifty took support level near18100 and had a resistance level near 18200. Yesterday market indicated clearly downside. Yesterday Foreign Institutions had sold around 700cr, and our Domestic Institutions had bought above 1100cr. Though Axis Bank had given good results they fell more than 2%. Yesterday US Market started with a gap down and started recovering at the Dow Jones ended in green. Today Tata Motors and Tata Elxsi are going to declare the results so both stocks are in watchlist today. Yesterday Tata Motors have gained more than 3% in a single day. Today SGX Nifty and Nifty Futures indicating a flat opening it may take any direction. This rally happens before the Budget and corporate results. Hope everything goes well. 

Index

Close

Open

High

Low

Nifty50

18,118.30

18,183.95

18,201.25

18,078.65

Sensex

60,978.75

61,122.20

61,266.06

60,849.12

Bank Nifty

42,733.45

42,994.45

43,078.90

42,615.65

Dow Jones

33,733.96

33,444.72

33,782.92

33,310.56

S&P 500

4,016.95

4,001.74

4,023.92

3,989.79

Nasdaq

11,334.27

11,302.93

11,378.15

11,282.65


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