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Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the index in India with a 77 points loss

The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 77 points loss.

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The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a negative opening for the index in India with a 77 points loss.

The BSE Sensex was down 154.89 points to close at 49,591.32 on April 9 while the Nifty50 fell 38.90 points to 14,834.90.

According to pivot charts, the key support levels for the Nifty are placed at 14,774.17, followed by 14,713.53. If the index moves up, the key resistance levels to watch out for are 14,906.97 and 14,979.13.

The Dow Jones Industrial Average rose 297.03 points, or 0.89%, to 33,800.6, the S&P 500 gained 31.63 points, or 0.77%, to 4,128.8 and the Nasdaq Composite added 70.88 points, or 0.51%, to 13,900.19.

Asian shares started cautiously on Monday as investors wait to see if U.S. earnings can justify sky-high valuations, while bond markets could be tested by what should be very strong readings for U.S. inflation and retail sales this week.

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