Stock Market Update for 15/03/2023

 Stock Market Update for 15/03/2023



Yesterday Nifty had huge volatility it started flat and had huge fall after some time it recovered at the end market closed above .5% down. Yesterday Nifty had broken 17000 at the end it recovered. Foreign Institutions had sold above 3000cr, and our Domestic Institutions had bought above 2100cr. 17000 will act as a huge Support and 17300 to 17400 will act as a huge resistance. Yesterday US Market had huge recovery it had recovered more than 1%. Today Nifty Futures and SGX Nifty indicating gap up. CPI data had declined 6% as expected so US Market are recovered. If everything goes well Nifty will recover soon.



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