Stock Market News: Trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 329 points on Wednesday


The market is expected to open in the red as trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 329 points.

The BSE Sensex rose 456 points to 60,571, while the Nifty50 climbed 134 points to 18,070 and formed a small-bodied bullish candle on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 18,027, followed by 17,985. If the index moves up, the key resistance levels to watch out for would be 18,100 and 18,131.

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: