Good Morning All,

The Indian stock market is expected to open in the red following weak global cues amid concerns of economic recovery even as Fed decided to keep interest rates near zero. Trends on SGX Nifty indicate a negative opening for the index in India with a 81 points loss.
The BSE Sensex climbed 258.50 points to close at 39,302.85 on September 16 while the Nifty50 rose 82.70 points to 11,604.50.

According to pivot charts, the key support levels for the Nifty is placed at 11,541.5, followed by 11,478.5. If the index moves up, the key resistance levels to watch out for are 11,642.8 and 11,681.1.

US Markets
The S&P 500 ended lower on Wednesday, reversing gains late in the day as losses in technology shares outweighed a Federal Reserve statement that stoked optimism it would keep U.S. interest rates near zero for a prolonged period.
The Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38, the S&P 500 lost 15.71 points, or 0.46%, to 3,385.49 and the Nasdaq Composite dropped 139.86 points, or 1.25%, to 11,050.47.

Asian Markets
Asian shares were set to drift lower on Thursday as concerns about the strength of the recovery from the COVID-19 pandemic remained, even after the U.S. Federal Reserve pledged to hold interest rates near zero until at least 2023.
Australian S&P/ASX 200 futures lost 0.22% in early trading. Japan's Nikkei 225 futures were flat, while Hong Kong's Hang Seng index futures lost 0.15%.

SGX Nifty
Trends on SGX Nifty indicate a negative opening for the index in India with a 81 points loss. The Nifty futures were trading at 11,522 on the Singaporean Exchange around 07:30 hours IST.