Sensex Today | Stock Market LIVE Updates: The bulls managed to hold on to the 23,800 mark on Wednesday but nothing much has changed on ground for the market. Oil prices remain above $95, although Wall Street saw a small rebound overnight. Bond yields too saw a small cool-off but remain at elevated levels.
The bulls managed to hold on to the 23,800 mark on Wednesday but nothing much has changed on ground for the market. Oil prices remain above $95, although Wall Street saw a small rebound overnight. Bond yields too saw a small cool-off but remain at elevated levels.
The supply of paper also continues with a block deal likely in Meesho today. Wednesday’s low of 23,786 will be an important level to watch on the downside as the bulls would hope that it becomes a near-term swing low.
The Nifty Bank has also managed to defend 57,000 on the downside and that will remain an important level to watch. The positive? The currency has remained stable. Banks will be in focus after the strong FCNR (B) deposit number as well. Watch for stocks like Power Grid, Page Industries, Persistent Systems, Swiggy and others.
Watch this space for all the LIVE stock market updates.
