Sensex Today | Stock Market LIVE Updates: The markets are looking to build on the momentum, and Nifty is now aiming higher levels, rising nearly 100 points. The Nifty bank is also trading higher, rising nearly 100 points, surging over 58,100. Infosys, TCS and HCLTech are the top gainers.
Even as the Nifty surges further, the challenge for the bulls is to ensure that supply does not emerge at the 24,150 – 24,250 zone, which has been the case over the last few sessions. 23,800 on the downside remains most crucial for the Nifty.
The Nifty Banking index is also on the rise, with gains of over 350 points, jumping to 58,200 mark.
For the Nifty Bank, the 57,500 – 58,500 range is intact, and the index closing above 58,000 now brings the 58,500 level back in the spotlight.
A host of banking stocks, Canara, Indian, South India, Punjab & Sind, Dhanlaxmi and others will react to their Q1 business updates. The street will await HDFC Bank’s update keenly after the recent newsflow. Keep IT, FMCG, Coal India, NMDC on your radar as well.
Watch this space for all the LIVE stock market updates.