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 103 points gain
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The BSE Sensex was up 117.65 points at 47,868.98 on January 1 while the Nifty50 gained 36.70 points at 14,018.50. According to pivot charts, the key support levels for the Nifty are placed at 13,989.93, followed by 13,961.37. If the index moves up, the key resistance levels to watch out for are 14,048.43 and 14,078.37.
Oil prices slip after OPEC warns of downside risks to demand in first-half 2021
Oil prices edged lower on Monday, the first day of 2021 trading, ahead of a meeting of OPEC and allied producers to discuss output levels for February with fears for first-half demand seeping into the market as the coronavirus pandemic lingers. Brent crude for March was at $51.76 a barrel, down 4 cents or 0.08%, by 0038 GMT while U.S. West Texas Intermediate crude for February fell 9 cents, or 0.2%, to $48.43 a barrel.
