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Sensex Today | Stock Market LIVE Updates: The markets are looking to turn the turn the tide around, as Niftty rises with gains over 110 points, rising to 22,550. The Nifty Bank is surging with gains over 650 points, rising above 55,000. Bajaj Finance, Shriram Finance and ITC are the biggest gainers.
Sensex Today | Stock Market LIVE Updates: We are at the halfway mark of the day's trade on the first day of this new week, and the markets are looking to rebuild and come back from the 8-week losing streak. However, that recovery has suffered some decline, as the markets are trading barely in the green but mostly off the day's highs. The Nifty 50 index is up just 20 points, moving to the 22,450 mark. The Sensex is also up over 50 points, hitting the 72,500 mark,
On the upside, moving above 22,500 will be key for the bulls before moving further higher towards the 22,750 - 22,800 zone.
IT stocks and the IT index are largely unfazed as they trade lower, despite the strong results and guidance from Accenture, a rally on Wall Street.
The Nifty Bank naturally is surging, jumping over 1.20% or ove 650 points, and is now above 55,000 mark.
Nearly every constituent of the index reported its business update over the long weekend, including Yes Bank and others. 55,000 on the upside will be key, while Friday's low of 54,066 will now be a strong support. Also watch for names like DMart, Bajaj Finance, Bajaj Housing, and 10 other companies whose lock-in ends today.
Watch this space for all the LIVE stock market updates.
HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty rises over 120 points; Brent slips below $101
