The BSE Sensex fell 282.63 points to close at 52,306.08, due to selling pressure in metals, IT, select banking & financials, FMCG and pharma stocks. The Nifty50 dropped 85.80 points to 15,687 and formed bearish candle on the daily charts as closing was lower than opening levels. According to pivot charts, the key support levels for the Nifty are placed at 15,619.67, followed by 15,552.33. If the index moves up, the key resistance levels to watch out for are 15,808.67 and 15,930.33.US MarketsThe Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data that showed a record peak for U.S. factory activity in June.Asian MarketsAsian markets struggled for direction in Thursday morning trade after the S&P 500 on Wall Street snapped its two-day winning streak overnight. Nikkei 225 hovered above the flatline while the Topix index slipped 0.11%. South Korea's Kospi gained 0.35%.SGX NiftyTrends on SGX Nifty indicate a cautious opening for the index in India with a 19 points gain. The Nifty futures were trading at 15,715 on the Singaporean Exchange around 07:30 hours IST.
The BSE Sensex fell 282.63 points to close at 52,306.08, due to selling pressure in metals, IT, select banking & financials, FMCG and pharma stocks. The Nifty50 dropped 85.80 points to 15,687 and formed bearish candle on the daily charts as closing was lower than opening levels. According to pivot charts, the key support levels for the Nifty are placed at 15,619.67, followed by 15,552.33. If the index moves up, the key resistance levels to watch out for are 15,808.67 and 15,930.33.US MarketsThe Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data that showed a record peak for U.S. factory activity in June.Asian MarketsAsian markets struggled for direction in Thursday morning trade after the S&P 500 on Wall Street snapped its two-day winning streak overnight. Nikkei 225 hovered above the flatline while the Topix index slipped 0.11%. South Korea's Kospi gained 0.35%.SGX NiftyTrends on SGX Nifty indicate a cautious opening for the index in India with a 19 points gain. The Nifty futures were trading at 15,715 on the Singaporean Exchange around 07:30 hours IST.