Stock market today:
10 things to know before today's market opens
Stock market news:
The SGX Nifty trend points to a cautious opening of the broader Indian index, which fell 2 points on Tuesday in line with flat trading on Wall Street and mixed hints from its Asian peers.
Markets are expected to open flat as SGX Nifty trends two points below the cautious opening of the broader Indian index.
BSE Sensex rose 847 points to 60,747 and Nifty50 rose 242 points to 18,101, forming a bullish candle on the daily chart with higher highs and higher lows. The index found strong support at 17,750 and indicated a psychological level at 18,000.
According to the pivot chart, Nifty's key support level is 17,981, followed by 17,933 and 17,854. As the index rises, the key resistance level to watch is 18,138, followed by 18,186 and 18,265. Keep an eye on Moneycontrol to see what's happening in the forex and stock markets today. We have compiled a list of headlines from major news platforms that may impact both the Indian and international markets.
The S&P 500 index held off an early gain on Monday as hopes that the Federal Reserve (Fed) would become less aggressive in raising rates were dashed by continued inflation concerns. The Dow closed low and the Nasdaq Composite closed well below its daily highs.
The Dow Jones Industrial Average fell 112.96 points (0.34%) to 33,517.65, the S&P 500 fell 2.99 points (0.08%) to 3,892.09, and the Nasdaq Composite rose 66.36 points (0.63%) to 10,635.65.
