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 in the red as trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 149 points.

The BSE Sensex fell 276 points to 54,088, while the Nifty50 declined 73 points to 16,167 and formed bearish candle which resembles Hammer kind of pattern on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 16,000, followed by 15,833. If the index moves up, the key resistance levels to watch out for are 16,326 and 16,486.

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 stocks closed sharply lower and Treasury yields fell in Wednesday's volatile session as oil prices rallied and investors worried about the potential for an economic slowdown. US equity indexes hadtraded higher and lower during the volatile session as investors picked through US inflation data for clues about the Federal Reserve's rate hiking path.

The Dow Jones Industrial Average fell 326.63 points, or 1.02 percent, to