Top 10 things to know before the market opens today

Top 10 things to know before the market opens today

Stock Market News, SHare Market News



Indian equities are likely to open in the red on March 2 as trends on SGX Nifty indicate a gap-down opening for the broader domestic indices with a loss of 147 points.

In the previous session, Sensex rallied 389 points to 56,247, while Nifty50 climbed 135 points to 16,794 and formed a large bullish candle on the daily charts, a positive indication but experts said the index has to clear 16,800-17,000 for the confirmation of the uptrend.

As per the pivot charts, the key support levels for the Nifty are placed at 16,495, followed by 16,196. If the index moves up, key resistance levels to watch out for are 16,954 and 17,115.

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

Wall Street ended sharply lower on Tuesday, with financial stocks bearing much of the damage for a second straight day as the Russia-Ukraine crisis deepened and stirred anxiety among investors. Ten of the 11 S&P 500 sector indexes fell, led by financials, down 3.7%.

The Dow Jones Industrial Average fell 1.76% to end at 33,294.95