Sensex Today | Stock Market Live Updates: Nifty may slump further, fall to 22,500 at opening
Sensex Today | Stock Market Live Updates: The final day of the week is also the first day of the new month and a new quarter. Business updates will start pouring in from companies for the quarter gone by. Also to be reported will be the Auto sales figures for September and the expectations are that it will be another strong quarter for auto companies.
Today is also the weekly expiry of the Sensex contracts. The Nifty has declined all three days of the week and the index is now fighting to hold this week’s low of 22,569. On the upside, supply continues to emerge at the 22,800 – 22,750 zone.
The final day of the week is also the first day of the new month and a new quarter. Business updates will start pouring in from companies for the quarter gone by. Also to be reported will be the Auto sales figures for September and the expectations are that it will be another strong quarter for auto companies.
December contracts of Brent Crude are below $100 a barrel, but bond yields sold off sharply yet again overnight on Wall Street. Watch for its impact on our own yields and the currency as well.
Besides Auto stocks, watch out for names like IRFC, NCC, HUDCO, Blue Dart, IGL, Tech Mahindra and others.
Watch this space for all the live stock market updates.
