Stock Market Update for 30/05/2023
Yesterday Nifty had started with a huge gap up and had started to consolidate and ended in green. Nifty still in the region of 18500 to 18700 once it breaks any one of the sides it will make a big move. Yesterday Both Foreign Institutions and Domestic Institutions were net buyers they had bought above 1700cr and 800cr respectively. Yesterday Majority of the global markets ended with mixed state and US Markets are in holiday. Today Majority of the Asian markets are opened with mixed state, SGX Nifty and Nifty Futures indicating gap up opening markets still has huge gaps so market may consolidate. Let us wait and watch what will happen.
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