Sensex Today | Stock Market Live Update: Nifty set to open below 24,100; HCLTech falls after downgrades
Stock Market Live Update: The market resilience gets put to test yet again today during the weekly options expiry of the Nifty contracts. 24,000 and 23,800 on the downside remain the key levels for the index, while 24,250 – 24,350 on the upside remains a supply zone. Watch for crude sensitives, OMCs, ONGC, Paint Stocks, Tyre stocks due to the rise in crude prices, which is the biggest pain point for the market. HCLTech reacts to results, as does ICICI Prudential AMC. Tata Elxsi and LTTS report today. Watch this space for all the LIVE stock market updates.
Stock Market Live Update: The Nifty bulls have been resilient to kick off a very important week for the market. That resilience will be put to test yet again in today’s weekly options expiry session as tensions in West Asia are on the rise yet again. The biggest pain point for the market is the rise in crude prices, with Brent crude back above the mark of $85 a barrel. For the Nifty, the 24,000 level on the downside, followed by 23,800 remains the key to watch, while 24,250 – 24,350 zone remains a supply zone. The Nifty Bank has been the stronger among the two indices and that strength will also be tested today with 57,500 on the downside being an important support. HCLTech and ICICI Prudential AMC react to their results, while Tata Elxsi, LTTS, Anand Rathi Shares and Stock Brokers, among others will be reporting their numbers today. Also keep an eye on oil sensitives due to the rise in crude oil prices. Watch this space for all the LIVE stock market updates.
