Stock Market Update for 01/06/2023
Yesterday due to negative global trend our market started falling and had huge volatility and ended in red. Nifty had huge support in the region of 18500 from there Nifty started bounce back Nifty has resistance above 18650. Yesterday Foreign Institutions had bought above 3400cr, and our Domestic Institutions had sold above 2500cr. Yesterday US Debt ceiling issue got over so we may expect global markets to recover by today. Yesterday Marjority of the global markets had felled huge but today it may recover. Today Majority of the Asian Markets are opened in green, SGX Nifty and Nifty Futures indicating flat or small gap up opening. Today is Expire day so we can expect some kind of volatility. Let's wait and watch what will happen.
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