Stock Market Update for 27/03/2023
Last Friday Nifty had huge volatility it started with gap up and it had ups and downs at the end it had felled more. The fall is due to the hike in STT charges for futures and options. Nifty still trading in the range of 17100 to 16800 once it breaks the level it will take a direction. Last Friday Foreign Institutions had sold more than 1700cr and our Domestic institutions had bought above 2500cr. Though net buying is high our market continuous to fall its purely because of retail investors. Last Friday US Market had recovered at the end though it started with gap down it ended in green. Nifty will tend to fall because of IT sectors. Hope everything will normalized soon nifty will have a fresh start.
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