Top 10 things to know before the market opens today

Top 10 things to know before the market opens today

Stock Market News



The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a gap-up opening for the broader index in India with a gain of 223 points.

The BSE Sensex plunged 1,416 points, or 2.6 percent, to 52,792, while the Nifty50 declined 431 points or 2.65 percent to 15,809 and formed bearish candle on the daily charts.

As per the pivot charts, the key support level for the Nifty is placed at 15,728, followed by 15,647. If the index moves up, the key resistance levels to watch out for are 15,938, followed by 16,066.

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 lower after a volatile session on Thursday, with Cisco Systems slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.

The S&P 500 declined 0.58% to end the session at 3,900.79 points. The Nasdaq declined 0.26% to 11,388.50 points, while the Dow Jones Industrial Average declined 0.75% to 31,253.13 points.

Asian Markets

Asian shares jumped in early trade on Friday after China cut a key