Sensex Today | Stock Market Live Updates: Nifty falls 200 points from opening highs to turn negative
Sensex Today | Stock Market Live Updates: After a blockbuster start, the markets have fallen like house of cards, with indices holding onto strands of gains. The Nifty is now only up 60 points, Nifty Bank is down sharply from highs, trading with cuts of 120 points. HCLTech, Tech Mahindra, and TCS are the top gainers.
HCLTech, TCS, Tech Mahindra and Infosys, along with IT stocks are surging in euphoria amid the global question mark on AI advancement.
The Nifty is coming on the back of five straight weekly losses and has managed to defend the 23,200 mark so far on the downside. On the upside, 23,500 will remain the only level to watch and sustain above, before the index could move higher.
HDFC Bank’s ADR jumped 6% on Friday before reversing some of those gains on Monday. HDFC Bank will also keep the Nifty Bank in focus as it has managed to close above the 56,500 mark, after a sharp recovery last Friday.
56,000 on the downside and 57,000 on the upside remain key. Watch out for other stocks like Paytm, Pine Labs, Piramal Pharma, Coforge and many more.
Watch this space for all the LIVE stock market updates.
