Nifty last close: 17589.60 (-0.9%)
On Thursday, Nifty was seen highly volatile and ended 0.9% down
Nifty was opened 17770 and fell to 17573 then finally ended 17589.60
Nifty fell 165 points to settled at 17590
Sensex was down 541 points to 59806
Midcap and Smallcap index fell 0.2% to 0.4%
All indices fell 0.5% to 2%
VIX sustained around 12.50
FIIs net sold 561 crore while DIIS net bought 41 crore
US futures indicate continued losses
US markets ends with deep cuts on Thursday
Dow down 1.66%, Nasdaq fell 2% and S&P500 declined 1.85%
SVB Financial sheds 60% as company announces plan to raise over $2BN in capital
Financials within S&P500 fall 4.1% to posts its worst day since 2020
US 10-year yield falls to 3.87% ahead of Feb Jobs data
Crude slips to 2-week low and ended around $82/bbl
Gold above $1830/oz after US weekly Jobs data claims higher than expected
Crypto falls after Silvergate announces liquidation
Bitcoin slides 9% and Ether down 8%
US administration proposed 30% tax for the Crypto mining electricity
Asian markets lower in early trade
Hangseng down 2% and Nikkei down 1.5%
SGXNifty indicates a gap down opening for the index
SGXNifty indicates a gap-down opening for the index
Likely to witness highly volatile will be expected during the day
Nifty can be considered as supports as 17550, 17530 and 17480
If breaks and manages below 17480 finding a next support 17350-17380
On other side, Nifty is facing a intraday resistance 17585, 17620 and 17660
If any rally can sell…..Nothing else!!
Updated: 08.42 am / 10th March 2023
