Mumbai: The Nifty 50 index today opened on a positive note at 18,008.05 points as compared to the previous session’s close of 17,992.15 points. Despite weak global cues, there was a slight uptick in it. On Thursday, there was a huge decline in the US stock market. In December 2022, there was a boom in private jobs in the US, which was much better than expected. This has strengthened the apprehension that the Fed will not show softness in its interest policy in the coming days. The Nasdaq Composite declined 1.47%. Similarly, the Dow Jones Industrial Average declined by 1.02% and the S&P 500 by 1.16%.
At 10:30 am, the Nifty 50 index was trading at 17,946.2 points, down 45.95 points, or 0.26%. Broader Market, on the other hand, outperformed the frontline indices. The Nifty Midcap 100 index was down 0.43% and the Nifty Smallcap 100 index was down 0.37%. According to the January 5 data, FIIs and DIIs were net sellers. Foreign institutional investors (FIIs) sold shares worth Rs 1,449.45 crore while domestic institutional investors (DIIs) sold shares worth Rs 194.09 crore. Here is the list of stocks which are undergoing price volume breakout.
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