Stock Market update for 24/02/2023
Yesterday Nifty had huge volatility it opens with a gap up and had sudden fall at some point of it recovered at the it felled and ended in red. Yesterday Foreign Institutions had been net sellers they have sold above 1400cr, and our Domestic Institutions had been net buyers they have bought about 1500cr. Yesterday because of expiry day and Adani problem our market had this much fall though global market futures been recovered. Yesterday US Market had huge volatility though the futures are indicating gap up but when market opened. The US market started falling and it recovered and ended in green. Today SGX Nifty and Nifty Futures are indicating gap up opening. Hope market will recover, once 17800 and 18000 resistances are broken market will turn bullish. If 17400 get broken it will be bearish. Hope everything goes well.
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