Sensex Today | Stock Market LIVE Updates: Nifty slumps below 22,700 again; market recovery gets sold into

Sensex Today | Stock Market LIVE Updates:  The markets are under immense pressure, as the bulls cannot seem to find any space to breathe. The Nifty is down 200 points, falling to 22,600. The Sensex index is down over 450 points, falling to 73,300 on this Sensex weekly expiry.

The market sentiment continues to remain fragile. Every recovery is getting sold into. Courtesy of the last 30 minutes on Wednesday, the Nifty 50 managed to close above the 22,800 mark. That remains the most important level to defend.

The only important monitorable beyond earnings has been the crude oil prices, which remain around the $110 a barrel mark. The bond yields also need to be watched as the India 10-year now is at 7.43%, the highest since 2023.

The Nifty Bank is down over 400 points, slumping further, falling below 55,000. 54,500 - 55,500 remains the key range for the Nifty Bank and only a sustained close above 56,000 could change the momentum there.

Eternal could well be the result reaction to watch today. Swiggy, HPCL, Havells, should also be watched, along with any follow-up move on eMudhra.

Watch this space for all the LIVE stock market update.

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty slumps below 22,700 again; market recovery gets sold into