Sensex Today | Stock Market LIVE Updates: Nifty falls below 23,900 mark; Infosys falls 6%
Sensex Today | Stock Market LIVE Updates: We have arrived at the halfway mark, and the markets are under immense pressure. The Nifty index is down around 250 points, falling to 23,900. Nifty Bank is in deep red, trading 300 points lower, trading around 55,900. HCLtech, Cipla and Infosys are amongst the biggest losers.
Indian markets are under pressure, with the Nifty falling over 250 points and now heading towards the 23,950 mark. The Sensex index has fallen by a major 900 points, slumping to 76,700.
As the Nifty falls further, it looks most certain to end the week on a negative note. It needs a close above 24,353, 180 points from Thursday’s close, to register gains for the week.
Crude continues to rise. Brent is above $106 a barrel.
The bulls would hope that this is already priced in, considering the stock in India is down 5.5% over the last two sessions. The big earnings for the day is Reliance Industries, which reports after market close today.
Apart from Infosys, keep an eye on LTM, Cyient, Tata Capital, IndusInd Bank, DCB Bank, Waaree Energies and others.
Watch this space for all the LIVE stock market updates.
