Stock Market Update for 17/03/2023
Yesterday Nifty had huge volatility it started with a gap up and started falling, after that it had recovered at the ended in green. Nifty had broken the resistance level at 17000 and touched resistance level near 16800. One good thing was Nifty future still trading above 17000. Yesterday Foreign Institutions had sold above 200cr, and our Domestic Institutions had bought above 2000cr. Yesterday US and European Markets had recovered more than 1%. Today Asian Markets are in green, SGX Nifty and Nifty Futures are indicating gap up opening. Nifty will bottom out and started recover soon. Hope everything goes well, and Nifty will soon cross 18000.
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