The Indian stock market is expected to open in the red as trends on SGX Nifty indicate a gap-down opening for the index in India with a 202 points loss.
The BSE Sensex rose 28.35 points to 48,832.03 on April 16 while the Nifty50 climbed 36.40 points to 14,617.90. The index shed 1.5 percent for the week and witnessed Doji kind of pattern formation on the weekly scale as well.
According to pivot charts, the key support levels for the Nifty are placed at 14,551.97, followed by 14,486.13. If the index…
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