Indian Stock Markets Today: High Open, Trend Depends on Global Cues

24 March 2020 (8:47 am IST)

SGX Nifty is 400 points up at the time of writing, indicating a similar high opening for Nifty and broader Indian stock markets. After that, the trend in these markets will depend on how global stocks, especially US stock futures trade.

Yesterday, these markets had fallen with big numbers. Today’s high opening will keep major indexes within their previous range.

We have provided intraday range levels for major indexes on our Pivot Trading page.  These levels are: 

Indian stock markets are expected to open with a gap up, but the intraday trend could remain volatile if global cues change later in the session. Day traders should trade cautiously and follow the trend, whether it goes up or down.

This entry was posted in Indian Stock Market and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

18 + 12 =