Stock Market Today: Top 10 things to know before the market ope
The market is likely to open flat or marginally higher today as the SGX Nifty indicates a mildly positive start for the broader index with a gain of 45 points after settling the session near the day’s high on Monday.
SGX futures touched a high of 17,804 in early trade today after opening at 17,789.
The BSE Sensex gained 401 points to close at 60,056 in the previous session, while the Nifty50 closed 119 points higher at 17,743.
The Nifty50 traded comfortably higher than its 200-day moving average of 17,331 and is expected to retain the recent momentum.
Pivot charts indicate that the Nifty may get support at 17,649, followed by 17,616 and 17,561.
If the index advances, 17,758 is the initial key resistance level to watch out for, followed by 17,791 and 17,845.
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:
SGX NIFTY
SGX Nifty indicates a mildly positive start for the broader index with a gain of 45 points after the Nifty closed 119 points higher at 17,743 on Monday.
SGX futures stood at 17,804.
The Nasdaq Composite slipped on Monday as investors awaited the release of a slew of corporate earnings reports from big technology companies and fresh economic data.
The tech-heavy index slid 0.29 percent to close at 12,037.20.
The Dow Jones Industrial Average ended up 66.44 points, or 0.2 percent to finish at 33,875.40 points.
The S&P 500 closed 0.09 percent higher at 4,137.04.
