Stock Market Update for 29/03/2023
Yesterday Nifty had huge volatility it started with a gap up and ended in red. Nifty is still trading in a range of 17100 to 16800 it may be bottom out process or waiting for huge movement in any direction. Yesterday Foreign Institutions had bought above 1500cr and our Domestic Institutions had sold above 150cr even though net buying is high our market continuous to fall. Yesterday US Markets ended in red it shows some kind of consolidation. Today SGX Nifty and Nifty Futures indicating flat or gap up opening. Let's us wait and see whether Nifty breaks the range. Tomorrow Markets are closed due to Ram Navami so today market may fluctuate due to expiry day. Hope market will recover soon.
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