Market Live Updates Today: Trends on SGX Nifty indicate a gap-down opening for the index in India with a 202 points loss.
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The BSE Sensex rose 28.35 points to 48,832.03 on April 16 while the Nifty50 climbed 36.40 points to 14,617.90. The index shed 1.5 percent for the week and witnessed Doji kind of pattern formation on the weekly scale as well.
According to pivot charts, the key support levels for the Nifty are placed at 14,551.97, followed by 14,486.13. If the index moves up, the key resistance levels to watch out for are 14,690.67 and 14,763.53.
The Dow Jones Industrial Average rose 164.68 points, or 0.48%, to 34,200.67; the S&P 500 gained 15.05 points, or 0.36%, at 4,185.47; and the Nasdaq Composite added 13.58 points, or 0.1%, at 14,052.34.
Asian shares hovered near 1-1/2 week highs on Monday helped by expectations monetary policy will remain accommodative the world over, while COVID-19 vaccine rollouts help ease fears of another dangerous wave of coronavirus infections.
Live Updates
- 19 April 2021 9:23 AM IST
FPIs pull out Rs 4,615 crore from Indian markets in April amid sharp rise in COVID cases
Foreign portfolio investors (FPIs) have pulled out a net Rs 4,615 crore from Indian markets in April so far amid a sharp escalation in COVID-19 cases and the consequent restrictions imposed by various states, unnerving overseas investors. According to the depositories data, overseas investors pulled out Rs 4,643 crore from equities but invested Rs 28 crore in the debt segment.
This translated into a total net withdrawal of Rs 4,615 crore during April 1-16. Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January.
- 19 April 2021 9:22 AM IST
Bitcoin plunges 14% to $51,541 due to power outage in China
Bitcoin, the world's biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week. Bitcoin was last trading down 10% at $53,991 as of 1320 GMT, a whopping $12,000 below record highs set on Wednesday. Smaller rival Ether, the coin linked to the ethereum blockchain network, dropped 10% to $2,101.
