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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty may open above 24,100; IT stocks in focus
Sensex Today | Stock Market LIVE Updates: The bulls have managed to defend 24,000 through the week and would aim to continue doing so, even as 24,250 - 24,350 levels have become a major supply zone. The Nifty Bank too, after the initial outperformance, could not sustain above 58,000.
Sensex Today | Stock Market LIVE Updates: Two factors are keeping the markets on the edge. Clarity from West Asia and where oil prices are headed. The currency is already back to near record low levels.
The other is earnings, which have started to pick-up pace and the 24-hour stretch from Friday evening to Saturday evening will see nearly 40% of the Nifty 50 weightage report results. Till then, it would not be a surprise if the Nifty remains locked in this 500-point range.
The bulls have managed to defend 24,000 through the week and would aim to continue doing so, even as 24,250 - 24,350 levels have become a major supply zone. The Nifty Bank too, after the initial outperformance, could not sustain above 58,000.
That index too remains locked in the 57,500 - 58,500 range. Stocks like Angel One, ICICI Lombard, HDB Financial react to results today, while big names like Wipro, Tech Mahindra, BHEL, Jio Financial, Polycab, ITC Hotels and many others report numbers today.
Watch this space for all the LIVE stock market updates.
