Today Nifty Prediction 31/05/2023

Today Nifty 50 is expected to open on a flat note today, as SGX Nifty was trading at 18416 (-0.27%), as the index is trying to consolidate in the current range, making it bounce in the 18200-18400 range.

Here are some factors that could influence the market today:

The US markets closed lower on Wednesday, with the Dow Jones Industrial Average down 0.67%, the S&P 500 down 0.72%, and the Nasdaq Composite down 0.95%.

The rupee closed at 77.56 against the US dollar on Wednesday, down 0.23%.

Oil prices were trading higher on Wednesday, with Brent crude up 0.86% to $119.73 per barrel and WTI crude up 0.85% to $118.93 per barrel.

Overall, the market is expected to trade in a range today, with the Nifty 50 likely to open on a flat note. Investors should focus on stock-specific news and events while making investment decisions.

Here are some stocks that could be in focus today:

Reliance Industries

Infosys

HDFC Bank

Tata Consultancy Services

State Bank of India

Disclaimer: This is not a financial advice. Please consult a financial advisor before making any investment decisions.

 

Sources

enrichmoney.in/nifty50-bank-nifty-sensex30-news-research-analysis-chart

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