Stock Market Update for 01/03/2023
Yesterday Nifty had huge volatility it started with flat opening after that it felled little then there was a recovery at the time 12:30pm it started falling. Nifty had end in red it felled more than 0.5% it's an 8th consecutive fall. Yesterday Nifty had broken the 17400 supports so it will act as resistance for upcoming days. Yesterday Foreign Institutions Had Sold above 4500cr and our Domestic Institutions had bought above 4600cr. Yesterday US market also ended in red. Today Asian Market seems to be good, but SGX Nifty and Nifty futures are slightly down. So today Nifty will have gap down opening. Due continuous selling in our market Nifty will tend to fall more. Technically markets are bearish now until some good news arrives market will fall more.
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