Stock Market Update for 05/04/2023

Stock Market Update for 05/04/2023




Monday Nifty had started with gap up after that Nifty had shown some fall after 11:30 Nifty had recovered and ended in green. Monday Foreign institutions had bought above 300cr, and our Domestic institutions had sold above 300cr. Though net buying and selling are nearly equal, but our market had recovered it due to retail traders. Yesterday our markets are holiday due to Mahaveer Jayanthi. Monday US Market had in consolidation, yesterday US Market ended in red it may due to continuous rise, Though US Markets are down our market Futures are indicating gap up opening. Nifty will show some kind of consolidation today. 17400 to 17800 will act as important levels for Nifty. Hope Nifty will consolidate today and take direction soon.



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