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Market Live Updates Today: Trends on SGX Nifty indicate a cautious opening for the index in India with a 4 points gain.

The Indian stock market is expected to open flat as trends on SGX Nifty indicate a cautious opening for the index in India with a 4 points gain.

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The Indian stock market is expected to open flat as trends on SGX Nifty indicate a cautious opening for the index in India with a 4 points gain.

The BSE Sensex fell 870.51 points or 1.74 percent to 49,159.32 on April 5 while the Nifty50 was down 229.60 points or 1.54 percent at 14,637.80. According to pivot charts, the key support levels for the Nifty are placed at 14,448.27, followed by 14,258.73. If the index moves up, the key resistance levels to watch out for are 14,838.57 and 15,039.33.

U.S. stocks rallied on Monday with the Dow and S&P 500 closing at record levels, as a round of strong economic data buoyed investor optimism for the economic reopening and a muted climb in the 10-year U.S. Treasury yield kept inflation worries in check.

Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inflation concerns.

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