Stock Market Update for 30/01/2023

Stock Market Update for 30/01/2023

Last Friday Our market had felled more than 1.5%. This Fall is due to the fall of Adani Enterprises it had fell more than 18 % in single day. Friday Foreign Institutions had sold nearly 6000cr in a single day and our Domestic Institutions had bought above 4200 cr. Due to this huge selling and Adani enterprise our markets had fallen heavily. Now Nifty took support near 17400 and Resistance near 17800. Friday US Market had huge volatility expect Nasdaq it had gained nearly 1%. Stock to watch today Tata motors because it had gained more than 6% in a single day, Adani stocks because maximum stock had touched lower circuit. Now Nifty futures and SGX Nifty is indicating a flat opening. Market may take downside direction. If everything goes well market may recover or otherwise market will have short covering due consecutive fall for two days. Hope everything goes well.

Index	Close	Open	High	Low
Nifty50	17,604.35	17,877.20	17,884.75	17,493.55
Sensex	59,330.90	60,166.90	60,166.90	58,974.70
Bank Nifty	40,345.30	41,382.35	41,417.90	40,148.80
Dow Jones	33,978.08	33,952.93	34,164.33	33,830.85
S&P 500	4,070.56	4,053.72	4,094.21	4,048.70
Nasdaq	11,621.71	11,470.47	11,691.89	11,470.27