Stock Market Update for 09/06/2023
Yesterday Nifty started with a gap up opening and raising after 11 AM it started falling and ended in Red. Nifty had broken the support near 18600 at the it closed above the support and still nifty has resistance near 18900 and support level near 18650. Yesterday Foreign Institutions had been net buyers they had bought above 200cr, and our Domestic Institutions had been net sellers they had sold above 400cr. Yesterday majority of the global markets are ended in mixed in US Market had recovered and ended in green. Today Majority of the Asian markets are mixed SGX Nifty and Nifty futures indicating gap up opening. Nifty may consolidate after the opening good news is that FIIs are still in buying side which help our markets to go higher. Let's wait and watch what will happen.
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