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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty set for further pressure as oil continues to rise, US futures sell-off
By CNBCTV18.COM | Mar 12, 2026 6:30 AM IST (Updated)
Sensex Today | Stock Market LIVE Updates: For the Nifty, Monday's low of 23,697 holds the key, below which analysts fear a drop towards levels of 23,300 to 23,200. Today is also the weekly expiry of the Sensex contracts.
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Sensex Today | Stock Market LIVE Updates: The Nifty heads into the penultimate trading day of the week, bracing for further pressure; oil prices continue to rise in the wake of the war in West Asia. US crude is now back above $93 per barrel, despite the IEA and the US deciding to release emergency reserves into the market.
Dow futures are down over 500 points, and the US dollar continues to strengthen. For the Nifty, Monday's low of 23,697 is key; below it, analysts fear a drop to 23,300-23,200. Today is also the weekly expiry of the Sensex contracts. The rising oil prices put oil sensitivities back in the spotlight, as well as those companies which are facing a shortage of gas supply.
Additionally, the US has also launched a probe into India and 15 other countries under Section 301 to replace the Trump tariffs.
Watch this space for all the LIVE stock market updates.
