The Indian stock market is expected to open in the green following positive global cues. Trends on SGX Nifty indicate a positive start with Nifty futures trading 74 points higher at 07:30 hours.
The BSE Sensex rose 194.98 points to 43,637.98 on November 14 while the Nifty50 was up 60.30 points at 12,780.30. According to pivot charts, the key support levels for the Nifty is placed at 12,743.57, followed by 12,706.93. If the index moves up, the key resistance levels to watch out for are 12,822.77 and 12,865.33.
Stay tuned to Moneycontrol to find out what happens in currency and equity markets today. We have collated a list of important headlines across news platforms which could impact Indian as well as international markets:Wall Street jumped on Friday as encouraging earnings stoked risk appetite and President-elect Joe Biden's COVID advisory team said it was not considering a nationwide shutdown, but oil prices slid as Libyan output rose and investors worried the resurgent pandemic could hurt global demand.The Dow Jones Industrial Average rose 399.64 points, or 1.37%, to 29,479.81, the S&P 500 gained 48.14 points, or 1.36%, to 3,585.15 and the Nasdaq Composite added 119.70 points, or 1.02%, to 11,829.29.
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