Sensex Today | Stock Market LIVE Updates: We are the second half of the session, and teh markets remain under pressure, despite making a minor recovery. The Nifty is now down over 150 points, below the 22,700 mark. Nestle, Coal India and Tata Motors PV are the top laggards.
The market sentiment continues to remain fragile. Every recovery is getting sold into. Courtesy of the last 30 minutes on Wednesday, the Nifty 50 managed to close above the 22,800 mark. That remains the most important level to defend.
The only important monitorable beyond earnings has been the crude oil prices, which remain around the $110 a barrel mark. The bond yields also need to be watched as the India 10-year now is at 7.43%, the highest since 2023.
The Nifty Bank is down over 400 points, slumping further, falling below 55,000. 54,500 – 55,500 remains the key range for the Nifty Bank and only a sustained close above 56,000 could change the momentum there.
Eternal could well be the result reaction to watch today. Swiggy, HPCL, Havells, should also be watched, along with any follow-up move on eMudhra.
Watch this space for all the LIVE stock market update.