SGX Nifty indicates positive note for Indian indices File Image The benchmark Indices are expected to open on a positive note as indicated by trends on SGX Nifty. US Indices closed with gains as Dow Jones hits a fresh new all-time high and Asian markets also opened stronger with Nikkei trading 2 percent higher. Key companies announcing their quarterly results today includes Adani Power, Coforge, Hero MotoCorp, Adani Transmission, P&G Health, Bluestar, Praj Industries and Tata Consumer. Immediate support and resistance for Nifty 50 are 14,500 and 14,800 respectively, said Mohit Nigam, Head-PMS Securities. At 09:02 AM, the Sensex was up 488.99 points or 1 percent at 49166.54, and the Nifty was up 54 points or 0.37 percent at 14671.90.