Stock Market Update for 16/03/2023
Yesterday Nifty started with a gap up of above 100 points after that it had huge fall. Nifty had broken important support level at 17000. Yesterday Foreign Institutions had sold above 1200cr, and our Domestic Institutions had bought above 1800cr though there is net Institutional buying our market had felled because of crash in European markets. Yesterday European Markets had felled more than 3% in a single day. US Futures had felled after European markets are opened at the end US Market had recovered to some extent. Today US Futures and European Futures are higher. Nifty Futures and SGX Nifty indicating gap up or flat opening. Hope everything goes well market will recover soon.
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