Stock Market Update for 02/03/2023

Stock Market Update for 02/03/2023



Yesterday Nifty started with a gap up and started raising Nifty had gained more than 0.8%. Nifty started raising after 9 consecutive fall and it had broken the resistance near 17400. Yesterday Foreign Institutions had been net sellers they had sold above 400cr, and our Domestic Institutions had been net buyers they had bought above 1400cr due to the buying power of DII makes the market to move up. Yesterday US market had ended in red except Dow Jones. Today Global Market are mixed with red and green and Global Market Futures majorly in red. SGX Nifty and Nifty Futures are indicating flat or gap down opening. Hope everything goes well Nifty will soon break the bear trend.




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