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Here’s Why Nifty and BSE Sensex Will Remain Volatile Today! – India

By Aditya Raghunath — Indian markets are expected to be volatile today as experts watch crucial resistance levels. is currently trading at 14,919 and key support levels are at 14,800 on the lower side and 14,998 on the upper side. If Nifty breaks these levels expect prolonged pain or upward movement respectively.

are trading flat as of this report and have recovered after falling 0.12%. If it continues to recover and ends up in the green, expect a positive opening for Indian markets.

MTAR Tech is going to launch its IPO today. Expect the retail portion of the IPO to be massively oversubscribed. As reported yesterday, the GMP (grey market premium) for the IPO is at 75%.

Asian markets are trading volatile today. opened up, fell in the red and has now gained momentum, gaining 0.18% in a period of little over two hours. is also on a rollercoaster ride and is currently trading flat after opening lower. The is up 1.1% after opening in the green.

US stocks ended lower yesterday with tech shares getting affected. was down 1.7%. However, all major US futures are trading up at the time of this report. 

continues to see-saw around the $60 mark. After moving up yesterday, it is now trading at $59.92.