Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with 40-point loss.

On January 13, the BSE Sensex was up 85.26 points at 61,235.30, while the Nifty50 rose 45.50 points to 18,257.80 and formed Doji kind of pattern on the daily charts.

According to pivot charts, the key support levels for the Nifty are placed at 18,190.34, followed by 18,122.87. If the index moves up, the key resistance levels to watch out for are 18,298.73 and 18,339.67.

US Markets

Wall Street's major indexes closed lower on Thursday with Nasdaq's 2.5% drop leading the losses as investors took profits, particularly in technology stocks after a three-day rally, while multiple Federal Reserve officials were out talking about inflation and interest rate hikes.

The Dow Jones Industrial Average fell 176.7 points, or 0.49%, to 36,113.62, the S&P 500 lost 67.32 points, or 1.42%, to 4,659.03 and the Nasdaq Composite dropped 381.58 points to 14,806.81.

Asian Markets

Asian markets were trading mostly lower on Friday with Nikkei and Kospi indices down over 1 percent each, while Straits Times was up 0.5 percent. However, Shanghai Composite and Taiwan Weighted indices were down 0.5 percent each.

SGX Nifty

Trends on SGX Nifty indicate a negative opening for the index in India with 40-point loss. The Nifty futures were trading at 18,260 on the Singaporean Exchange at around 07:25 hours IST.