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 market is expected to open in the green as trends in SGX Nifty indicate a positive opening for the broader index in India with a gain of 93 points.

The BSE Sensex rallied 503 points to 54,253, while the Nifty50 rose 144 points to 16,170 and formed a bullish candle on the daily charts as the closing was higher than the opening levels.

As per the pivot charts, the key support level for the Nifty is placed at 15,981, followed by 15,792. If the index moves up, the key resistance levels to watch out for are 16,282 and 16,394.

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

World shares rose on Thursday and the US dollar edged lower, a day after minutes from the US Federal Reserve's May meeting indicated the central bank would remain flexible and might pause rate hikes later in the year.

Wall Street closed higher with the three main US indices positioned for their biggest weekly gains since mid-March.

The Dow Jones Industrial Average rose 516.91 points, or 1.61 percent, to 32,637.19;