Stock Market Update for 21/06/2023
Yesterday Nifty had huge volatility it started almost flat and started falling after some time it started raising and ended in green. Nifty still has support level near 18650 and has resistance level near 18900 once Nifty breaks it will make new all-time high. Yesterday Foreign Institutions had been net sellers they had sold above 1900cr, and our Domestic institutions had been net buyers they had bought above 1900cr. FIIs are net sellers for continuous days so it may drag our market down. Yesterday Majority of the global markets are ended in red in US market it had huge volatility and ended in red. Today Majority of the Asian Markets are in red SGX Nifty and Nifty Future indicating flat or gap down opening. Nifty is near all-time high but global markets and FIIs are dragging our market. Lets wait and watch what will happen.
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