Stock market news: The SGX Nifty is trending downward, pointing to a Wednesday loss of 21 points for the wider index in India.
The market is anticipated to open down as trends in the SGX Nifty point to an opening loss of 21 points for the larger Indian index.
The Nifty Midcap and Smallcap 100 indices both gained more than 1 percent, while the BSE Sensex increased by 257 points to 59,031 and the Nifty50 by 87 points to 17,577.
However, volatility remained on the higher side, with the India VIX jumping by 0.06 percent to 19.05 levels.
The pivot charts suggest 17,407 and 17,236 as the Nifty's primary support levels, respectively.
The critical resistance levels to watch out for on an upward movement of the index are 17,687 and 17,796.
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