Stock Market Update for 31/01/2023

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Stock Market Update for 31/01/2023



Yesterday Nifty and Bank Nifty had huge volatility, Nifty had felled more than 100 points and recovered 200 points and felled again 100 points and closed above 17640. Nifty had support level near 17400 and have a resistance level at 17800. Yesterday Foreign Institutions had sold near 6800cr in a single day and our Domestic Institutions had above 5500. FIIs are in continuous streak of selling so trader to be in cautious to trade in market. Yesterday US Market Had felled nearly 1% and Nasdaq felled nearly 2% in a single day. SGX Nifty and Nifty Futures indicating a gap up, today market will be in huge volatile. There is high chance of ended in red because of Budget which is going held tomorrow. So, traders take trades with caution.

Index

Close

Open

High

Low

Nifty50

17,648.95

17,541.95

17,709.15

17,405.55

Sensex

59,500.41

59,101.69

59,644.24

58,699.20

Bank Nifty

40,387.45

39,856.15

40,789.55

39,419.80

Dow Jones

33,717.09

33,909.21

34,055.29

33,695.18

S&P 500

4,017.77

4,049.27

4,063.85

4,015.55

Nasdaq

11,393.81

11,512.34

11,553.31

11,388.54

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