Sensex Today | Stock Market LIVE Updates: We are in the second half of the day’s trade, and the markets are not only holding the gains, but adding to it. The markets are looking to maintain momentum, as the Nifty index is above the 22,700 mark with gains of about 120 points. The Nifty Bank is surging with gains of 300 points. Trent, Kotak Bank and BSE are the biggest gainers.
Sensex Today | Stock Market LIVE Updates: We are halfway through the day’s trade, and the markets are building on the momentum to scale higher levels, and bulls look for better days after the battering of the past 8 weeks. The markets are building on the momentum derived in the previous session; the indices are on the rise, with the Nifty index rising above the 22,600 mark by 120 points. The Sensex has extended its gains, and is now up 400 points, rising to 72,600.
The Nifty bank is also walking shoulder to shoulder and is above the 55,000 mark with gains of over 300 points.
The Nifty Bank, the stronger among the two indices, also found pressure above the 55,000 mark, courtesy of HDFC Bank’s underperformance, but the bulls would aim to retest the 55,000 – 55,200 zone on the upside, while looking for support between the 54,350 – 54,500 zone.
While oil prices cooled overnight, bond yields continue to remain at elevated levels. IT stocks will be watched as the AI trade globally continues to find buyers, with the Nasdaq hitting record highs overnight.
Watch this space for all the LIVE stock market updates.
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