2 hours ago
HomeMarket NewsSensex Today | Stock Market Live Updates: Nifty bank slips in red as market tries to hold opening gains
Sensex Today | Stock Market Live Updates: The markets are moving with some level of caution and a positive bias. The Nifty is moving with an uptick of over 50 points, rising towards the 24,000 mark. The Nifty Bank index is largely flat, trading around the 57,500 mark. M&M, Eternal and Nestle India are thetop gainers.
Sensex Today | Stock Market Live Updates: The markets are moving with extreme caution even as they push higher. The Nifty is aiming to reclaim 24,000 again with a 60-point uptick. The Sensex is also up, with a rise of 150 points, rising towards the 76,700 mark.
The index is back at the lower end of the 23,800 - 24,200-24,250 range as a new F&O series begins from today. For the Nifty, defending 23,800 on the downside is key, as chartists warn that a break below those levels could drag the index back to 23,500.
The mid-week session, also the first day of a new month, will see a slew of data points being released, none more important than last month's auto sales.
That keeps the entire sector in focus. With the quarter having ended on Tuesday, companies will also begin to report their quarterly provisional business updates, particularly the banking and FMCG stocks, along with PSU financiers and mining companies.
The Nifty Bank is also back at the lower end of the 57,500 - 58,500 range and is also showing signs of supply at higher levels. Besides auto stocks, keep an eye on KPIT Tech, Prestige Estates, Sterlite Tech and others.
Watch this space for all the Live stock market updates.
