Stock Futures Rise Ahead of Major Bank Earnings
The Indian stock market is expected to open firm as trends on SGX Nifty indicate a positive start for the index with a 95-points gain.
On October 13, the BSE Sensex surged 452.74 points to 60,737.05, while the Nifty50 climbed 169.80 points to 18,161.80 and formed a bullish candle on the daily charts, taking the total five-day gains to nearly 3 percent.
According to pivot charts, the key support levels for the Nifty are placed at 18,075.8, followed by 17,989.8. If the index moves up, the key resistance levels to watch out for are 18,222.8 and 18,283.8.
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