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

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

Share Market News, Stock Market News



The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 140 points.

BSE Sensex declined 94 points to 55,675, while the Nifty50 fell 15 points to 16,570 and formed a bullish candle on the daily charts as the closing was higher than opening levels.

As per the pivot charts, the key support level for the Nifty is placed at 16,472, followed by 16,375. If the index moves up, the key resistance levels to watch out for are 16,639 and 16,708.

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:

US Markets

US stocks ended a choppy session slightly higher on Monday, helped by gains in Amazon.com and other mega-cap growth shares, while persistent worries over inflation and interest rates kept a lid on the market. Shares of Amazon.com Inc rose 2% and were the biggest positive for the S&P 500 and Nasdaq after the online retailer split its shares 20 for 1.

The Dow Jones Industrial