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Top 10 things to know before the market opens

Trends on SGX Nifty indicate a flat opening for the broader index in India with a gain of 26 points.

December 06, 2021 / 08:07 AM IST
Stock market, Share Market

Stock market, Share Market

The market is expected to open on a cautious note as trends on the SGX Nifty indicate a flat opening for the index in India.

On Friday, the BSE Sensex shed 764.83 points or 1.31 percent to 57,696.46, while the Nifty50 fell 205.00 points or 1.18 percent to 17,196.70 and formed bearish candle on the daily charts. During the week, the index gained a percent, forming bullish candle on the weekly scale.

According to pivot charts, the key support levels for the Nifty are placed at 17,088.4 and 16,980.1. If the index moves higher, the key resistance levels to watch out for will be 17,397.4 and 17,598.1.

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: