Stock Market Today: Top 10 things to know before the market opens today

Stock Market Today: Trends in the SGX Nifty indicate a flat opening for the broader index in India with a gain of 17 points on Monday

The market is expected to open on a cautious note as trends in the SGX Nifty indicate a flat opening for the broader index in India with a gain of 17 points.

The BSE Sensex rallied 712 points or 1.25 percent to 57,570, while the Nifty50 climbed 229 points or 1.35 percent to 17,158 and formed bullish candle on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 17,060, followed by 16,962. If the index moves up, the key resistance levels to watch out for are 17,215 and 17,271.

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:

Asian Markets

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week’s rally on Wall Street could be sustained in the face of determined policy tightening by global central banks.

Japan’s Nikkei dithered either side of flat, while South Korea dipped 0.1 percent. S&P 500 futures slipped 0.4 percent and Nasdaq futures 0.3 percent.

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