2023-06-14 05:25:38
PRE-OPENING BELL The market is likely to open marginally higher on June 14 as the SGX Nifty indicates a positive start for the broader index, with a gain of 53 points after opening the session at 18,819 points. SGX futures touched a high of 18,833 in early trade on June 14.
The BSE Sensex gained 418 points to close at 63,143 points on Tuesday, while the Nifty 50 closed 114 points higher at 18,716 points. The Nifty50 traded comfortably higher than its 200-day moving average of 18,446 and is expected to build on the recent momentum.
According to the pivot point calculator, the Nifty may find support at 18,655, followed by 18,632 and 18,595. If the index advances, then 18,729 will be the key resistance, followed by 18,752 and 18,789.
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