Top 10 things to know before the market opens today
Trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 71 point
The market is expected to open in the green as trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 71 points.
The BSE Sensex fell 236 points to 54,053, while the Nifty50 declined 90 points to 16,125 and formed a bearish candle on the daily charts.
As per the pivot charts, the key support level for the Nifty is placed at 16,048, followed by 15,971. If the index moves up, the key resistance levels to watch out for are 16,232 and 16,340.
Stay tuned to Moneycontrol to find out what happens in the currency and equity markets today.
We have collated a list of important headlines across news platforms which could impact Indian as well as international markets:
The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the US economy into recession dampened investors' risk appetite.
The Dow Jones Industrial Average rose 48.38 points, or 0.15 percent, to 31,928.62; the S&P 500 lost 32.27 points, or 0.81 percent, to 3,941.48;