Stock Market Update for 26/05/2023

Stock Market Update for 26/05/2023



Yesterday Nifty had started with a gap down and started falling after 1:30pm it started raising and ended in green it was a huge rally. Both Foreign Institutions and Domestic Institutions had been net buyers they had bought above 500cr and 300cr respectively. Nifty still in the region of consolidation once it broken the level between 18400 to 18100 it will make huge move. Yesterday in US markets Nasdaq had close in positive its up by 1.71% so IT sectors in consideration for today. Yesterday many of the global markets are ended in red in US Market except Dow Jones all other indices had ended in green. Today Majority of the Asian markets are mixed, SGX Nifty and Nifty Futures Indicating gap up opening. Nifty may make bigger move today or in next week so let us wait and watch what will happen.



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