Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India with a 62 points gain.

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 62 points gain.

The BSE Sensex declined 80.74 points to 48,093.32 on January 7 while the Nifty50 fell 8.90 points to 14,137.40. According to pivot charts, the key support levels for the Nifty are placed at 14,088.2, followed by 14,039.1. If the index moves up, the key resistance levels to watch out for are 14,221.3 and 14,305.3.

Stocks on Wall Street hit record levels on Thursday as investors bet a Democrat-controlled Congress will deliver more stimulus spending to help the U.S. economy overcome a steep pandemic-induced downturn.

Shares in Asia were mixed after stocks on Wall Street cruised to new record highs overnight. South Korea's Kospi led gains among major regional markets as it jumped 2.26%. Nikkei 225 advanced 1.41% while the Topix index gained 0.78%.

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