Top 10 things to know before the market opens today

Top 10 things to know before the market opens today

Stock Market Today:



The market is expected to open gap-down as trends in the SGX Nifty indicate a negative opening for the broader index in India with a loss of 317  points.

On Wednesday, the Sensex was down 109.94 points, or 0.20 percent, at 54,208.53, and the Nifty was down 19 points, or 0.12 percent, at 16,240.30.

As per the pivot charts, the key support level for the Nifty is placed at 16,168, followed by 16,095. If the index moves up, the key resistance levels to watch out for are 16,356 and 16,472.

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 sharply lower on Wednesday, with Target losing around a quarter of its stock market value and highlighting worries about the US economy after the retailer became the latest victim of surging prices.

It was the worst one-day loss for the S&P 500 and Dow Jones Industrial Average since June 2020.

The S&P 500 declined 4.04 percent to end the session at 3,923.68 points.

The Nasdaq declined 4.73 percent to 11,418.15 points, while Dow Jones Industrial Average