Stock Market Live Updates: The latest escalation in West Asia and the subsequent surge in oil prices will be a key factor for the Nifty as it enters the weekly expiry session today. Brent crude surged to as much as $118 a barrel overnight, before closing at $115. Another key monitorable will be the currency and the bond yields. The 30-year treasury yield in the US crossed the 5% mark overnight. The Nifty has struggled in a 500-point range over the last few sessions, with 23,800 on the downside and 24,300 on the upside being a hurdle. Watch this space for all the LIVE stock market updates.
(Photo Credit : CNBC-TV18)
Stock Market Live Updates: The latest escalation in West Asia and the subsequent surge in oil prices will be a key factor for the Nifty as it enters the weekly expiry session today. Brent crude surged to as much as $118 a barrel overnight, before closing at $115. Another key monitorable will be the currency and the bond yields. The 30-year treasury yield in the US crossed the 5% mark overnight. The Nifty has struggled in a 500-point range over the last few sessions, with 23,800 on the downside and 24,300 on the upside being a hurdle. Last week’s low of 23,813 will be an important level on the downside to watch. Before that, the 24,000 mark will be the one to watch today. For the Nifty Bank, it has struggled to sustain above the 55,000 mark and that will be a key level to monitor. L&T and M&M are the two major earnings for the day, while earnings reactions come from Sobha, Tata Technologies, Tata Chemicals, KEI Industries, Manappuram Finance and others. Coforge, Hero Moto, Marico, SRF, PNB are some important results for the day. Watch this space for all the LIVE stock market updates.