Stock Market Update for 28/02/2023
Yesterday Nifty had huge volatile for the 8th trading session it had ended in red. Yesterday due to IT sector Nifty had fallen. The only good news was yesterday banking stock looked really strong due that at the end Nifty had recovered. Yesterday Nifty had broken the support level at 17400 but at the it closed near 17400 so today's candle will help us conform the breakout. Yesterday Foreign Institutions had sold 2000cr and our Domestic Institutions had bought above 2200cr. Yesterday US Market had huge volatility it started with gap up and started raising and after some time it started falling at end it ended in green above 0.5%. Yesterday majority of the global markets are ended in green expect our market. Today Asian market are in green, SGX Nifty and Nifty Futures are indicating flat opening. market may recover today if everything goes well, or it may in huge fall side.
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