Stock Market Update for 16/05/2023
Yesterday Nifty had started with flat opening and started falling within 15min it started raising. Nifty had broken the resistance which was strongest breakout so in upcoming day Nifty will greater heights. Foreign Institutions and Domestic Institutions had been net buyers they had bought above 1600cr and 190cr etc. Yesterday Majority of the Global markets are in green US and European Markets also ended in green. Today Asian markets are seeming to be mixed SGX Nifty and Nifty Futures indicating gap up opening yesterday as Nifty broken 18300 it will move upward very strongly. Let us wait watch what will happen and soon Nifty will reach New High.
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