Top 10 things to know before the market opens today

Top 10 things to know before the market opens today

Stock market



The market is expected to open in the red as trends on the SGX Nifty indicate a negative opening for the broader index with a loss of 92 points.

The BSE Sensex declined 566 points to 59,610, while the Nifty50 fell 150 points to 17,808 and formed small bodied bearish candle on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 17,758, followed by 17,708. If the index moves up, the key resistance levels to watch out for are 17,879 and 17,951.

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's main indices fell on Wednesday, with steep declines in tech and other growth stocks, after minutes from the Federal Reserve's March meeting sharpened investors' focus on the US central bank's plans to fight inflation. The tech-heavy Nasdaq logged a decline of over 2 percent for a second straight day.

The Dow Jones Industrial Average fell 144.67 points, or 0.42 percent, to 34,496.51, the S&P 500 lost 43.97 points, or 0.97 percent, to 4,481.15 and the Nasdaq Composite dropped 315.35 points, or