Stock Market Update for 02/06/2023

Stock Market Update for 02/06/2023



Yesterday Nifty had started with a gap up and started falling even though global markets are in green our market felled and ended in red. Nifty still in the zone of consolidation Nifty had broken the level at 18500 but it was not huge, so we expect a recovery today. Foreign Institutions had been net sellers they had sold above 70cr, and our Domestic Institutions had bought above 480cr. FIIs turned net sellers but it's not huge amount so it's not a big deal. Yesterday Majority of the global markets ended in green and raised more than 1% so we can expect Nifty to make some kind of recovery. US Market had recovered and ended in green. SGX Nifty and Nifty Futures Indicating gap up opening. Anything may happen let's wait and watch.



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