Sensex Today | Stock Market Live Updates: Nifty, Sensex set for muted open; Wipro reacts to Q4 results

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HomeMarket NewsSensex Today | Stock Market Live Updates: Nifty, Sensex set for muted open; Wipro reacts to Q4 results

Stock Market Live Updates: There is some hesitation among the Nifty bulls at higher levels but after a 2,000-point-plus recovery from the recent lows, it is only par for the course that some profit booking / consolidation emerged at higher levels. For the week so far, the Nifty is still positive. The index needs to close above 24,050 for its second straight weekly advance. 24,000 on the downside continues to remain the key level for the index. Watch this space for all the LIVE updates.

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Stock Market Live Updates: There is some hesitation among the Nifty bulls at higher levels but after a 2,000-point-plus recovery from the recent lows, it is only par for the course that some profit booking / consolidation emerged at higher levels. For the week so far, the Nifty is still positive. The index needs to close above 24,050 for its second straight weekly advance. 24,000 on the downside continues to remain the key level for the index. On the upside, Thursday's high of 24,400 now acts as an important hurdle. The Nifty Bank though, will be the index to watch, not only due to Thursday's price action, but HDFC Bank, ICICI Bank and Yes Bank will all report results on Saturday, when markets will be closed and react to those next Monday. 56,000 is the important level on the downside followed by 55,500, while 56,500 - 56,800 remains the supply zone. Stocks like Wipro, Angel One, HDFC Life, Waaree Renewables react to results today. Wipro's ADR fell 5% overnight. No major results are lined up today, barring Mastek. Watch this space for all the LIVE stock market updates.

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