Stock Market Update for 25/05/2023
Yesterday Nifty had opened with a gap down and started raising even though global markets are falling Nifty had moved against the trend after some time it started falling and ended in red. Though global markets are in huge fall our market resisted to fall. Still our market is in the zone of consolidation market is still trading in the range of 18100 to 18500 once it breaks the level Nifty will have huge move. Yesterday both Foreign Institutions and Domestic Institutions were net buyers they had bought above 1100cr and 300cr. Yesterday Majority of the global market had felled huge Including US and European markets. Today Majority of the Asian market opened in red. SGX Nifty and Nifty Futures indicating gap down opening still FIIs are in buying side our market will resist to fall huge. Let's wait and watch what will happen.
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