The Nifty failed to cross 24,000 intraday and that will be the first level to watch on the upside. For the Nifty Bank, 54,000 – 55,000 is the range for the index. Among things to watch will be any follow-up selling pressure in jewellery and tourism stocks, along with result reactions from names like Syrma SGS, Anant Raj and of course, a potential block deal in Groww.
Sensex Today | Stock Market LIVE Updates: The Nifty is at a very crucial support juncture as it enters yet another weekly expiry session. The index had last closed below this 23,800 level back on April 9. Since then, every dip has found support at this level, including one during Monday’s sell-off when the intraday low was 23,803.
Crude oil prices remain at elevated levels with no breakthrough yet between the US and Iran.
The index also failed to cross 24,000 intraday and that will be the first level to watch on the upside. For the Nifty Bank, 54,000 – 55,000 is the range for the index. Among things to watch will be any follow-up selling pressure in jewellery and tourism stocks, along with result reactions from names like Syrma SGS, Anant Raj and of course, a potential block deal in Groww.
Dr. Reddy’s, Torrent Power, Dixon Tech, Berger Paints, MTAR Tech are some major names reporting results today.
Watch this space for all the LIVE updates.