Top 10 things to know before the market opens 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 flat as trends on SGX Nifty indicate a cautious opening for the broader index in India with a gain of 16 points.

On March 21, the BSE Sensex was down 571 points at 57,292, after gaining 4 percent in the previous week, weighed down by banking & financials, auto, FMCG and IT stocks. The Nifty50 plunged 169 points to 17,118 and formed Bearish Engulfing pattern on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 17,025, followed by 16,932. If the index moves up, the key resistance levels to watch out for are 17,282 and 17,446.

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 declined broadly while oil prices and Treasury yields pushed higher on Monday as investors refocused on risks from conflict in Ukraine and the US Federal Reserve's actions on inflation.

The Dow Jones Industrial Average fell 201.94 points, or 0.58%, to 34,552.99, the S&P 500 lost 1.94 points,