Stock Market Update for 23/03/2023
Yesterday Nifty had started with a gap up and traded within a small range and ended in green. Nifty will have resistance level near 17200 and support level at 17000, Yesterday Foreign Institutions had bought above 80cr, and our Domestic Institutions had bought above 380cr. Yesterday US market had felled more than 1% due interest rate hike and Fed chairman comment on interest rate. Today Global Market are majorly in green, SGX Nifty and Nifty Futures are indicating gap down opening. Today is weekly expiry so there will be huge volatility. Hope market will stabilize soon, if 17000 is broken market will have some kind of falling.
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