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Top 13 things to know before the market opens

Top 13 things to know before the market opens © Nishant Kumar Top 13 things to know before the market opens The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a flat to negative start for the broader index in India. The BSE Sensex surged 520.68 points, or 1.05 percent, to 50,029.83 on April 1 while the Nifty50 rose 176.70 points, or 1.20 percent, to 14,867.40. According to pivot charts, the key support levels for the Nifty are placed at 14,745.47, followed by 14,623.63. If the index moves up, the key resistance levels to watch out for are 14,936.17 and 15,005.03. Stay tuned to Moneycontrol to find out what happens in the currency and equity markets today. We have collated a list of important headlines across news platforms which could impact Indian as well as international markets:

IPO News: Tatva Chintan Pharma Chem Files initial public offering (IPO) Papers

Tatva Chintan exports its products to more than 25 countries, including USA, China and Germany Tatva Chintan Pharma Chem, a specialty chemical manufacturing company, has filed preliminary papers with the market regulator Sebi for an initial public offering (IPO). The IPO will comprise a fresh issue of shares worth Rs 225 crore and an offer of sale amounting to Rs 225 crore by existing promoters and shareholders, according to the company s draft red herring prospectus. Tatva Chintan Pharma Chem will use the IPO proceeds to fund its capital expenditure requirements, expand the Dahej manufacturing facility and for general corporate purposes. Promoted Based in Vadodara, Tatva Chintan exports its products to more than 25 countries, including the USA, China, Germany, Japan, South Africa and the UK.

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