Nifty last close: 17450.90 (+0.8%)
Indian equity benchmarks bounced back to end higher on March 1
Snapping an eight-day losing streak amid buying across sectors
Nifty was opened 17360 and went to 17467
Sensex was up 448.96 points, or 0.76 percent, at 59,411.08
Nifty was up 146.90 points, or 0.85 percent, at 17,450.90
All sectoral indices ended in the green
The Nifty metal index added 4 percent and the PSU bank index 3 percent
Midcap and smallcap indices rising 1.3 percent each
VIX ended below 13
US markets ended mixed trend on Wednesday
Dow rose 5 points, S&P500 lost 0.47% and Nasdaq dropped 0.66%
Feb GST collection ease on-month to Rs 1.50 lakh crore
FIIs net sold 425 crore while DIIs net bought 1498 crore on March 1
US 10-year hits highest level since November then slipped to 3.94%
Tesla falls 3% during extended trading following company 2023 investor day
Crude rises over growing US crude inventories
Brent crude $84/bbl
Gold prices rise back above $1830/oz
Asian markets mixed in early trade
SGXNifty indicats a negative opening for the index
As per open interest Nifty 17400PE and 17500CE was seen highest OI
However, Nifty is facing a intraday resistance 17475, 17490 and 17520
If stays above 17520 will try to move 17560
On flip side, Nifty can be considered as supports as 17440, 17420 and 17380
Below 17380 will try to check 17330
Updated: 08.47 am / 02nd March 2023
