Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 – 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 – 22,700 levels.
Wall Street sold-off sharply, the situation between the US and Iran has deteriorated further, oil prices are rising, and the futures this morning are also declining.
Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 – 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 – 22,700 levels.
The bigger disappointment is from the Nifty Bank, and although it managed to hold above 55,000, the 400-point fall from highs also indicates supply at the 55,500 mark. Keep an eye on Lenskart, Zee Entertainment, and the oil & gold sensitives.
Watch this space for all the LIVE stock market updates.
