Stock Market Update for 21/03/2023

Stock Market Update for 21/03/2023

Yesterday Nifty had huge volatile it started with a gap down and had huge fall after 1PM it started recovering at the end it ended in red. Nifty will have a region of 16800 to 17000 it will consolidate in that region once it breaks the region nifty will make a directional move. Yesterday Foreign Institutions had sold above 2500cr, and our Domestic Institutions had bought above 2800cr though the net buying is high it's because of retail traders who bought market down. Yesterday US and European markets shows some kind of recovery. Today Nifty Futures and SGX Nifty Indicating gap up opening and Global Markets are also in green. Hope Nifty will have some kind of recovery Nifty will make slow and steady recovery for coming days.