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Before the market opens, here are the top 13 items to remember.

 

Before the market opens, here are the top 13 items to remember.




The Indian stock market is expected to open cautiously, with the SGX Nifty index indicating a flat opening with a 2 point gain in India.


On April 12, the BSE Sensex fell 1,707.94 points, or 3.44 percent, to 47,883.38 and the Nifty50 fell 524.10 points, or 3.53 percent, to 14,310.80.


The main support levels for the Nifty, according to pivot charts, are 14,155.5, followed by 14,000.2. The primary resistance levels to watch if the index rises are 14,559.3 and 14,807.8.


Keep an eye on Moneycontrol to see what's going on in the currency and stock markets today. We've compiled a list of significant headlines from various news outlets that may have an impact on India.


US MARKET


Investors are waiting for clues from the upcoming corporate earnings season and a crucial inflation report later this week, so the S&P 500 and Dow Jones industrial average ended lower on Monday.


The Dow Jones Industrial Average dropped 55.2 points, or 0.16 percent, to 33,745.4, the S&P 500 dropped 0.81 points, or 0.02 percent, to 4,127.99, and the Nasdaq Composite fell 50.19 points, or 0.36 percent, to 13,850.



ASIAN MARKETS 


Following a flat finish on Wall Street overnight, Asian shares crept higher. The Nikkei 225 index increased by 0.91 percent, while the Topix index increased by 0.53 percent. The Kospi index in South Korea increased by 0.7 percent. The S&P/ASX 200 index in Australia rose 0.27 percent. 



SGX NIFTY 


Trends on the SGX Nifty suggest that the index will open flat in India, with a 2 point rise. Around 07:30 IST, the Nifty futures were trading at 14,361 on the Singaporean Exchange.


Official macroeconomic data shows that the economy is off to a shaky start in 2021. The Index of Industrial Production (IIP), released by the Centre on April 12, showed that India's industrial performance shrank by 3.6 percent in February.


After rising by 1.6 percent in December, IIP fell by a revised 0.9 percent in January. Eight of the first eleven have shrunk.


Inflation based on the Consumer Price Index (CPI) was 5.52 percent in March, up from 5.03 percent in February. Retail inflation in March remained within the Reserve Bank of India's (RBI) medium term inflation target of 4(+/-2%) for the fourth month in a row, according to official data released on April 12.


In March, the combined food price inflation rate increased to 4.94 percent, as 


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