Sensex Today | Stock Market LIVE Updates: GIFT Nifty cuts gains to 50 points; Physicswallah in focus

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HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty cuts gains to 50 points; Physicswallah in focus

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By CNBCTV18.COM Apr 21, 2026 7:53 AM IST (Updated)

The Nifty Put-Call Ratio nearing elevated levels and the recovery in HDFC Bank and Reliance Industries getting sold into also contributed to the reversal from the highs. 24,250 - 24,150 is emerging as a support cluster for the index.

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Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of the Nifty 50 contracts. The index has made a higher high and a higher low on the chart, but could not sustain at those levels. Supply continues to emerge between 24,400 and 24,500.

In fact, the index even closed below last Friday's high of 24,371. The other important aspect that the bulls will not like is the rise in the India VIX even when the market was near the highs of the day.

The Nifty Put-Call Ratio nearing elevated levels and the recovery in HDFC Bank and Reliance Industries getting sold into also contributed to the reversal from the highs. 24,250 - 24,150 is emerging as a support cluster for the index.

For the Nifty Bank, 57,000 on the upside holds the key, while 56,000 on the downside will need to be protected. Companies such as HCLTech, Nestle India, Persistent Systems, Tata Elxsi report results today, while PNB Housing, NELCO and others will react to results. Also keep an eye on Vedanta.

Watch this space for all the LIVE stock market updates.

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