Page 73 - Technical Analyst News Today

Sensex rose 355 points to settle at 57,989; Nifty ends at 17,100

Benchmark stock indices in India settled in the green on Friday, tracking positive cues from overseas markets, which improved after the recent slump following t

FIIs who have been net sellers since March 9th in Indian market, made their lowest single-day selling in six trading sessions..DIIs have continued to offset the impact of losses from FIIs selling.

Day trading guide for Womans Day 2023: Both Nifty and Bank Nifty is in uptrend any dip should be seen as buying interest, say stock market experts

In the week between March 6th to 10th, global markets will play a key role in dictating the domestic equities, especially the performance in the Wall Street. Further, foreign institutional investors flow along with IIP data will also have a take on markets.

FIIs who have continued to sell since February 22nd, 2023, have cumulatively sold around ₹10,474.01 crore from Indian equities. At the same time, DIIs have consistently invested in the market for the past six days with a cumulative inflow of ₹11,698.79 crore.

Only a sustained close above the 17,800- 17,850 zone is likely to trigger bullish momentum toward the 18,150 – 18,200 levels in Nifty, said expert.

Domestic equities are in red since February 17th. From the last time when markets were in green which was February 16, Sensex has erased 1,855.58 points and Nifty 50 has dipped by 570.05 points in six trading sessions.

Fresh foreign fund outflows and mostly weak trends in Asian markets also hit investor sentiments, say traders

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