Stock Market Update for 22/06/2023
Yesterday Nifty started with a gap up and started falling after that it raised and ended in green. Nifty has resistance level near 18900 and support level at 18700 once Nifty breaks any one of the points it will make a big move. Yesterday Foreign Institutions had been net buyers they had bought above 4000cr which is very good news for our market and our Domestic Institutions had bought above 500cr. Yesterday majority of the global markets had ended in red and in US Market also ended in red. Today majority of the global markets are trading in red SGX Nifty and Nifty Futures indicating flat or gap down opening. Today is a weekly Expire so we can expect huge volatility. Global Markets are in red it will drag our market but FIIs turned to net buyers which help us to reach new all-time highs. Let's wait and watch what will happen.
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