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Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 37 points gain

The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 37 points gain.

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The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 37 points gain.

The Sensex closed with a nominal gain of 42 points at 49,201.39 on April 6 and the Nifty settled 46 points higher at 14,683.50. According to pivot charts, the key support levels for the Nifty are placed at 14,578.57, followed by 14,473.63. If the index moves up, the key resistance levels to watch out for are 14,783.77 and 14,884.03.

The S&P 500 slipped on Tuesday but stayed near closing record highs posted in consecutive sessions, as investors weighed more strong U.S. economic data against nervousness about upcoming quarterly earnings reports.

The Dow Jones Industrial Average fell 96.95 points, or 0.29%, to 33,430.24, the S&P 500 lost 3.97 points, or 0.10%, to 4,073.94 and the Nasdaq Composite dropped 7.21 points, or 0.05%, to 13,698.38.

Asian Markets

Asia equities are set for a sluggish open on Wednesday after Wall Street pulled back from record highs reached in previous sessions, as investors eye the upcoming earnings season for more signs of a recovery following a series of strong U.S. economic data.

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