Market Live Updates Today: Trends on SGX Nifty indicate a negative opening for the broader index in India with a loss of 73 points

The BSE Sensex closed 12.3 points down at 61,223, while the Nifty50 declined 2 points to 18,256 and formed a bullish candle on the daily charts as the closing was higher than the opening levels.

According to pivot charts, the key support levels for the Nifty are placed at 18,154.7, followed by 18,053.6. If the index moves up, the key resistance levels to watch out for are 18,321.9 and 18,388.

US Markets

The Dow closed lower on Friday with a big drag from financial stocks as investors were disappointed by the fourth quarter results from big US banks, which cast a shadow over the earnings season kick-off.

The Dow Jones Industrial Average fell 201.81 points, or 0.56 percent, to 35,911.81, the S&P 500 gained 3.82 points, or 0.08 percent, to 4,662.85 and the Nasdaq Composite added 86.94 points, or 0.59 percent, to 14,893.75.

Asian Markets

The Asia-Pacific markets traded mixed on Monday ahead of economic data due from China, including the fourth-quarter GDP figures. The Nikkei 225 in Japan rose 0.79 percent in early trade, while the Topix index added 0.57 percent.

SGX Nifty

Trends on the SGX Nifty indicate a negative opening for the broader index in India with a loss of 73 points. The Nifty futures were trading around 18,201 levels on the Singaporean exchange.