Stock Market Today: Top 10 things to know before the market opens
Trends in the GIFT Nifty indicate a strong start for the broader index in India, with a gain of 83.50 points or 0.38 percent.
The benchmark Sensex and Nifty indices are likely to open on a positive note on February 22 as trends in the GIFT Nifty indicate a higher start for the broader index with a gain of 83.50 points.
The domestic benchmark indices snapped their six-day winning run on February 21 as traders booked profits. IT and oil and gas stocks were the biggest drags on the indices.
The 30-share flagship Sensex settled 434.31 points, or 0.59 percent, lower at 72,623.09 and Nifty dropped 141.90 points, or 0.64 percent, to settle at 22,055.05.
The pivot point calculator indicates that the Nifty is likely to take immediate support at 22,005, followed by 21,945 and 21,849 levels, while on the higher side it may see immediate resistance at 22,197 followed by 22,256 and 22,352 levels.
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