The BSE Sensex settled at 58,795.09 with 454.10 points gains, while the Nifty50 rose 121.30 points to 17,536.30 and formed bullish candle on the daily charts. According to pivot charts, the key support levels for the Nifty are placed at 17,403.83, followed by 17,271.46. If the index moves up, the key resistance levels to watch out for are 17,616.43 and 17,696.67.Asian MarketsStocks fell and headed for their largest weekly drop in nearly two months on Friday, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher US interest rates.Japan's Nikkei was down 1.7% in early trade and Australian shares fell 0.6%.
The BSE Sensex settled at 58,795.09 with 454.10 points gains, while the Nifty50 rose 121.30 points to 17,536.30 and formed bullish candle on the daily charts. According to pivot charts, the key support levels for the Nifty are placed at 17,403.83, followed by 17,271.46. If the index moves up, the key resistance levels to watch out for are 17,616.43 and 17,696.67.Asian MarketsStocks fell and headed for their largest weekly drop in nearly two months on Friday, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher US interest rates.Japan's Nikkei was down 1.7% in early trade and Australian shares fell 0.6%.