Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses to 180 pts; LTM in focus

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HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses to 180 pts; LTM in focus

Sensex Today | Stock Market LIVE Updates: The two-day recovery has put the Nifty back in the 23,800 - 24,300 saddle and a break on either side will be needed for further direction. The Nifty Bank has been the better performer, closing above the mark of 58,000 on a weekly basis and also posting gains despite a 1,600-point drop mid-week.

 GIFT Nifty extends losses to 180 pts; LTM in focus

Sensex Today | Stock Market LIVE Updates: The Nifty bulls enter another trading week tracking fresh rounds of strikes between the US and Iran in West Asia, and a subsequent rise in oil prices.

The index came within touching distance of posting its fifth straight weekly gain on Friday, but could not sustain above the 24,250 mark. US futures are lower this morning and oil prices are higher, although not at an alarming level yet.

The two-day recovery has put the Nifty back in the 23,800 - 24,300 saddle and a break on either side will be needed for further direction. The Nifty Bank has been the better performer, closing above the mark of 58,000 on a weekly basis and also posting gains despite a 1,600-point drop mid-week.

Earnings season picks up pace with nearly 70 companies reporting results this week, including a major banking day on Saturday. For today, keep an eye on stocks like LTM, Avenue Supermarts, Just Dial, crude sensitives, and HCLTech, among others.

Watch this space for all the LIVE stock market updates.

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