Sensex Today | Stock Market LIVE Updates: Nifty in red again, slumps below 24,650; Persistent shares down 2.5%

Stock Market LIVE Updates: An important session lies ahead for Dalal Street as the market aims to rebalance Monday’s record-breaking surge. After a sharp fall on Tuesday, the indices saw some consolidation on Wednesday. The dip came, but was bought into. The Nifty eventually ended higher, above the mark of 24,650, yet again managing to defend levels of 24,550 on the downside. Today is also an important session as it is the weekly options expiry for the Nifty 50 contracts. Watch this space for all the live updates.
The Nifty 50 opened at 24,694.45, behind its 52-week high of 26,277.35. The Sensex index opened at 81,354.43, behind its 52-week high of 85,978.25
An important session lies ahead for Dalal Street as the market aims to rebalance Monday’s record-breaking surge. After a sharp fall on Tuesday, the indices saw some consolidation on Wednesday. The dip came, but was bought into. The Nifty eventually ended higher, above the mark of 24,650, yet again managing to defend levels of 24,550 on the downside. Today is also an important session, as it is the weekly options expiry for the Nifty 50 contracts. The handover from Wall Street is mixed, with the Dow Jones underperforming yet again and futures down close to 200 points. Asian markets have also opened lower. GIFT Nifty, an early indicator of how our markets are likely to start off, is currently implying an open with gains of around 40 points. Earnings reactions will continue with stocks like Eicher, Tata Power, Muthoot Finance and Lupin, reacting to their respective quarterly numbers. Also watch out for names like Wendt and SBI. Watch this space for all the Live updates.