Stock Market Update for 16/02/2023

Stock Market Update for 16/02/2023


Yesterday Nifty started with a gap down as global markets are down and then after 10 am it started recover at end of day the Nifty broken the high that achieved during the budget. Nifty had broken the resistance level at 18000 so it will act as a support level for Nifty and New resistance level will be at 18200. Yesterday Both Foreign Institutions and Domestic Institutions had been net buyers they have bought above 400cr and 500cr respectively. Yesterday US market started with gap down and started recovery and ended in green Nasdaq had gained nearly 1% yesterday. Today Majority of the Global Markets are in green. SGX Nifty and Nifty Future indicating gap up opening of nearly 100 points. Due to gap up market consolidate and today is weekly expiry so market may have some kind of volatility. Our market is now indicating bullish if any bad news our market may fall until that our market will reach great Hights. Hope everything goes well and soon nifty will touch its new high.

Index

Close

Open

High

Low

Nifty50

18,015.85

17,896.60

18,034.10

17,853.80

Sensex

61,275.09

60,990.05

61,352.55

60,750.32

Bank Nifty

41,731.05

41,674.60

41,795.45

41,455.60

Dow Jones

34,128.05

34,008.63

34,130.49

33,833.10

S&P 500

4,147.60

4,119.50

4,148.11

4,103.98

Nasdaq

12,070.59

11,905.12

12,071.29

11,876.82

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