Nifty last close: 18499.35 (+1%)
The market erased previous week’s losses and hit a five-month high amid volatility
On Friday, Nifty was opened 18365 and went to 18508 ended 1% higher
On weekly basis, Sensex surged 772.01 points or 1.25 percent to end the week at 62,501.69
Nifty50 added 295.9 points or 1.62 percent to close at 18,499.30
Mid-cap Index added 2.5 percent and Large-cap Index gained nearly 2 percent
Metal index added 5.6%, Pharma index rose 4%, Nifty Media index gained 3.8%
Healthcare index rose 3.8 percent and Nifty Information Technology index added 3.7%
FIIs bought equities worth Rs 3,230.49 crore
DIIs bought equities worth Rs 3,482.21 crore in the week gone
However, in the month till now, FIIs purchased equities worth Rs 20,606.80 crore
DIIs sold equities worth Rs 1,192.47 crore
US Futures higher as lawmakers reach a tentative deal to raise Debt ceilling
US markets higher on Friday & Frontline indices rise up to 1.5% to 2%
Nasdaq rises for the fifth straight week
Ford rises 7% after Tesla give access to its EV charging infra to the company
Gold slides below $1944/oz
Asian markets were set to higher opening in the early trade
SGXNifty indicates a gap up opening for the index
This week Nifty trend decider 18700 and 18200
Today Nifty is facing a intraday resistance 18545 and 18600
If breaks and manages above 18600 will try to move 18700
On flip side Nifty can be considered as supports as 18470, 18420 and 18330
If any declines can buy!!
Updated: 08.50 am / 29th May 2023
