Sensex Today | Stock Market LIVE Updates: Brent crude hits $100; Nify below 23,600

Sensex Today | Stock Market LIVE Updates: As we usher further into the second half of this mid-week trade, the markets mostly remain where they had kicked off. The markets remain under pressure, despite a minor recovery, which got sold into.

Yet another day, yet another fall, as the markets crumble under pressure. The Nifty is down over 120 points, falling below the 23,500 mark. The index has now corrected 1,140 points from its August 3 high. The Sensex is down a massive 500 points, falling to 75,000.

Brent crude prices are now nearing $100 a barrel due to escalations in West Asia yet again, and that will have a bearing on the markets, including the currency and the bond yields. The index is now near the July series low of 23,606 and a break below that opens the door to the June lows of 23,313.

The Nifty RSI has now reached 30, which is borderline "oversold", while the Nifty Put-Call Ratio is at 0.83 from 0.69 earlier.

The Nifty Bank has broken below the 57,000 mark and the next important level is the July 30 low of 56,768, which it finds itself close to currently. Six IPOs open for subscription today, keeping primary market activity abuzz.

Watch this space for all the LIVE stock market updates.

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