The BSE Sensex rallied 546.41 points or 1.02 percent to close at 54,369.77, while the Nifty50 rose 128 points to 16,258.80 and formed bullish candle on the daily charts. According to pivot charts, the key support levels for the Nifty are placed at 16,193.27, followed by 16,127.73. If the index moves up, the key resistance levels to watch out for are 16,307.27 and 16,355.73.US MarketsU.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.The Dow Jones Industrial Average fell 323.73 points, or 0.92%, to 34,792.67, the S&P 500 lost 20.49 points, or 0.46%, to 4,402.66 and the Nasdaq Composite added 19.24 points, or 0.13%, to 14,780.53.Asian MarketsShares in Asia-Pacific were mixed in Thursday morning trade, following declines overnight on Wall Street. Japan's Nikkei 225 gained 0.31% in morning trade while the Topix index advanced 0.25%. South Korea's Kospi stood little changed.
The BSE Sensex rallied 546.41 points or 1.02 percent to close at 54,369.77, while the Nifty50 rose 128 points to 16,258.80 and formed bullish candle on the daily charts. According to pivot charts, the key support levels for the Nifty are placed at 16,193.27, followed by 16,127.73. If the index moves up, the key resistance levels to watch out for are 16,307.27 and 16,355.73.US MarketsU.S. stocks closed mostly lower on Wednesday, with the S&P 500 falling from a record high after data signaled a slowdown in jobs growth in July, and General Motors tracked its worst day since early March.The Dow Jones Industrial Average fell 323.73 points, or 0.92%, to 34,792.67, the S&P 500 lost 20.49 points, or 0.46%, to 4,402.66 and the Nasdaq Composite added 19.24 points, or 0.13%, to 14,780.53.Asian MarketsShares in Asia-Pacific were mixed in Thursday morning trade, following declines overnight on Wall Street. Japan's Nikkei 225 gained 0.31% in morning trade while the Topix index advanced 0.25%. South Korea's Kospi stood little changed.