Sensex Today | Stock Market LIVE Updates: Nifty trades around 23,900; Zee Ent shares surge 9%

49 minutes ago

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty trades around 23,900; Zee Ent shares surge 9%

Sensex Today | Stock Market LIVE Updates: We are at the halfway mark of the day's trade, and the Indian markets are under some pressure, even as traders remain cautious. However, the indices have sold into the recovery. The Nifty is down 10 points, moving around the 24,000 mark. The Nifty Bank is underperforming and is marginally down about 20 points, falling below the 55,000 mark. Coal India, ONGC and ITC are among the big laggards today.

 Nifty trades around 23,900; Zee Ent shares surge 9%

Sensex Today | Stock Market LIVE Updates: Even after half the day's trade, markets remain on their toes, and the second half looks largely the same. The market is trading on a cautious note ahead of Thursday's market holiday; the Nifty bulls would aim to begin the June F&O series for the NSE contracts on a positive note.

The Nifty is below the 24,900 mark, with the index falling just about 40 points. Sensex is down 100 points, falling below the 76000 mark. 24,000 remains the key level for the index, with the bulls failing to defend that on Tuesday.

The key level lower down for the Nifty is 23,800 on a closing basis. On the upside, 24,088, which is Tuesday's high, followed by the 24,200 - 24,250 zone, could act as a potential hurdle.

The Nifty Bank index is down over 100 points, and for the banking index, 55,000, remains key to watch.

Some of the biggest losers on the Nifty 500 end include Techo Electric, GE Shipping, Firstcry, Blue Jet Healthcare and Meesho among others.

Watch this space for all the LIVE stock market updates.

Read Full Article at Source