The market is likely to open in the red today as trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 29 points.
The BSE Sensex gained 37 points to 60,979, while the Nifty50 lost 0.2 point to 18,118.30 and formed a bearish candle on the daily charts as the closing was lower than the opening levels. The index remained rangebound for yet another session.
As per the pivot charts, we have the key support level for the Nifty at 18,086, followed by 18,057, and 18,010. If the index moves up, the key resistance levels to watch out for are 18,180, followed by 18,208 and 18,255.
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: