The Indian stock market is expected to open in the green as trends on the SGX Nifty indicate a positive start for the broader index in India, with a gain of 36 points.
The BSE Sensex was down 195.71 points to 57,064.87, while the Nifty50 fell 70.80 points to 16,983.20, and formed a bearish candle on the daily charts on Tuesday. Banking and financials, auto, and metal stocks witnessed selling pressure.
According to pivot charts, the key support levels for the Nifty are placed at 16,834.84, followed by 16,686.47. If the index moves up, the key resistance levels to watch out for are 17,228.13 and 17,473.07.
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 that would impact the Indian as well as international markets.