Market Live Updates Today: Title: Trends on SGX Nifty indicate a negative opening for the broader index in India with a loss of 66 points

The Sensex rose 86 points to 55,550. The Nifty was up 36 points to 16,630 to form a bullish candle on the daily charts. The index had a good week in which it gained 2.4 percent and formed a strong bullish engulfing pattern on the weekly scale.

As per the pivot charts, the key support level for the Nifty is at 16,503, followed by 16,375. If the index moves up, the key resistance levels to watch out for are 16,726 and 16,822.

US Markets

World shares slid on Friday, pressured by uncertainty about the conflict in Ukraine and expectations the Federal Reserve will hike US interest rates next week. The Nasdaq and the S&P 500 fell, weighed down by tech and growth stocks. Oil prices settled up for the day but down for the week in volatile trading.

The Dow Jones Industrial Average fell 229.88 points, or 0.69 percent, to 32,944.19, the S&P 500 lost 55.21 points, or 1.30 percent, to 4,204.31 and the Nasdaq Composite dropped 286.15 points, or 2.18 percent, to 12,843.81.

Asian Markets

Asian shares advanced and oil slipped on Monday on hopes for progress in the Russia-Ukraine peace talks even as fighting raged on, while bond markets braced for rate rises in the US and UK this week.

Japan's Nikkei rose 1.1 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent after sliding almost 4 percent last week.

SGX Nifty

Trends on the SGX Nifty indicate a negative opening for the broader index in India with a loss of 66 points. The Nifty futures were trading around 16,583 levels on the Singaporean exchange.