Sensex Today | Stock Market LIVE Updates: The Indian markets have marked a dramatic recovery after US Ambassador Sergio Gor’s comments. The Nifty index has recovered over 200 points from lows to turn green.
This turnaround came to pass after the US Ambassador, in his speech, said that talks over India-US trade on ongoing and the next call will comes to pass tommorrow.
The Nifty Bank also undid damage caused in the early trade, rising nearly 200 points. In addition, 59,000 on the downside is key, courtesy of HDFC Bank’s underperformance.
As for the Nifty, the index would first look to move back above the 25,750 – 25,800 levels before making an attempt towards the 26,000 mark. On the downside, 25,600 will be the first important level to watch.
Earnings season begins for the Nifty 50 stocks today with TCS and HCLTech reporting after market hours. Anand Rathi Wealth is the other company reporting results today.
Watch this space for all the live updates.