Market Live Updates Today: 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 39 points gain.
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.Sensex closed 380 points, or 0.81 percent, higher at 47,353.75 on December 28 while Nifty settled 124 points, or 0.90 percent, higher at 13,873.20. According to pivot charts, the key support levels for the Nifty are placed at 13,828.03, followed by 13,782.87. If the index moves up, the key resistance levels to watch out for are 13,901.83 and 13,930.47.
Asian shares jumped on Tuesday, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U.S. pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites.
Oil prices fell on Monday as concerns about weakening fuel demand and the prospect of higher OPEC+ output outweighed optimism over a U.S. stimulus package.
Brent crude settled at $50.86 a barrel, falling 43 cents, or 0.84%, after trading as high as $52.02 earlier in the session. U.S. West Texas Intermediate (WTI) crude settled at $47.62 a barrel, losing 61 cents, or 1.26%.
Sensex closed 380 points, or 0.81 percent, higher at 47,353.75 on December 28 while Nifty settled 124 points, or 0.90 percent, higher at 13,873.20. According to pivot charts, the key support levels for the Nifty are placed at 13,828.03, followed by 13,782.87. If the index moves up, the key resistance levels to watch out for are 13,901.83 and 13,930.47.
Asian shares jumped on Tuesday, with Japanese stocks hitting a 29-year high, as hopes that a long-awaited U.S. pandemic relief package would be expanded and a Brexit trade deal supported investor risk appetites.
Oil prices fell on Monday as concerns about weakening fuel demand and the prospect of higher OPEC+ output outweighed optimism over a U.S. stimulus package.
Brent crude settled at $50.86 a barrel, falling 43 cents, or 0.84%, after trading as high as $52.02 earlier in the session. U.S. West Texas Intermediate (WTI) crude settled at $47.62 a barrel, losing 61 cents, or 1.26%.
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