Stock Market Today: Top 10 things to know before the market opens
Foreign institutional investors (FIIs) bought shares worth Rs 2,085.62 crore, whereas domestic institutional investors (DIIs) sold shares worth Rs 438.93 crore on May 30, provisional data from the National Stock Exchange shows.
The market is likely to open marginally lower on May 31 as the SGX Nifty indicates a negative start for the broader index, with a loss of 54.5 points after opening the session at 18,673. SGX futures touched a high of 18,760 in early trade on May 31.
The BSE Sensex gained 122 points to close at 62,969 on Tuesday, while the Nifty 50 closed 35 points higher at 18,633. The Nifty50 traded comfortably higher than its 200-day moving average of 18,221 and is expected to build on the recent momentum.
As per pivot charts, the Nifty may get support at 18,591, followed by 18,570 and 18,537. If the index advances, 18,657 would be the key resistance level to watch out for followed by 18,678 and 18,711.
Stay tuned to Moneycontrol to find out what happens in the currency and equity markets today. We have collated a list of important headlines across news platforms, which could impact Indian as well as international markets.
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