Nifty last close: 18286.50 (-0.6%)
Indian market snapped a two-day winning streak and ended lower on May 16
Nifty falling below 18,300 mark dragged by auto, pharma, and banking names
Nifty was opeend 18430 then fell to 18265 and ended at 18286.50
Sensex was down 413.24 points or 0.66% at 61,932.47
Nifty was down 112.30 points or 0.61% at 18,286.50
Auto index down 1%, and healthcare, infra, bank, metal indices down 0.3-0.4%
PSU Bank index up 0.7 percent
Midcap and smallcap indices ended with marginal gains
VIX sustained around 13.30
Dow joned below 50 DMA for the first time since March 30 on weak retail sales
Western allaince rises 7%
Dow ended 1% lower, Nasdaq fell 0.18% and S&P500 down 0.65%
Crude below $75/bbl
Gold prices slip below $2000/oz
Asian market were set to higher opening
Nikkei rises 1% and Hangseng flat note
Todays Nifty support and resistance levels will be sent to my paid clients only
Updated: 08.55 am / 17th May 2023
