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Share Market LIVE: Nifty jumps above 17750, Sensex surges 550 pts; Bank Nifty above 41550, Adani stocks in green
Share Market News Today | Sensex, Nifty, Share Prices LIVE: On Monday, BSE Sensex surged 468.06 pts or 0.78% to 60,277.03 and NSE Nifty 50 rose 124.20 pts or 0.71% to 17,718.55. The BSE Sensex surged 468.06 pts or 0.78% to 60,277.03 and NSE Nifty 50 rose 124.20 pts or 0.71% to 17,718.55. Above 42000, we can expect a short-covering rally toward the 42700 level, while 41000 and 40700 will be the support levels on the downside,” said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. 09:00 (IST) 6 Mar 2023 Bank Nifty immediate support at 41000 “Bank Nifty successfully cleared the 20-day SMA mark which is broadly positive. We believe that there is more steam left to this pullback rally and hence it can extend higher till 17700 where resistance in the form of the 50% Fibonacci retracement level (17695) and the 20-day moving average (17703) is placed. On the derivatives front, the highest call OI is at 17900 strike price while on the put side, the highest OI remains at 17500 strike price,” said Ameya Ranadive, CMT, CFTe, Equity Research Analyst at Choice Broking. 08:56 (IST) 6 Mar 2023 FII DII data Foreign institutional investors (FII) bought shares worth Rs 246.24 crore, while domestic institutional investors (DII) acquired equities worth Rs 2,089.92 crore on 3 March, according to the provisional data available on the NSE. Source -https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-us-asia-markets-monday-6-march/3000485/
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