Markets action for the day

Markets action for the day

The Indian stock market is expected to open in the green amid hopes of a coronavirus vaccine. Trends on SGX Nifty indicate a gap-up opening for the index in India with a 174 points gain.

The BSE Sensex jumped 704.37 points or 1.68 percent to 42,597.43 on November 9 while the Nifty50 gained 197.50 points or 1.61 percent at 12,461. According to pivot charts, the key support levels for the Nifty is placed at 12,394.2, followed by 12,327.4. If the index moves up, the key resistance levels to watch out for are 12,500.9 and 12,540.8.

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