Sensex Today | Stock Market Live Updates: Nifty looks to begin new series on a high with Jio Platforms listing, Q2 results

Sensex Today | Stock Market Live Updates:  The November F&O series begins for the NSE contracts today, which also promises to be an otherwise action-packed day for India’s equity markets. The country’s biggest IPO in history, Jio Platforms is set to make its stock market debut today. Aside of that, there are a slew of earnings reactions and over 50 companies that will be reporting their numbers for the quarter, which include Nifty 50 and broader market names.

The Nifty continues to find supply at the 22,800 mark on the upside and that is one level the bulls would want to cross at the start of the series to get back towards the 23,000 mark. On the downside, the 22,650 – 22,700 zone is turning out to be a support cluster for the index.

The Nifty Bank though, has now dropped below the 54,000 mark and in case it does not claw its way back towards that level, there could be a risk of further declines towards the 53,500 level as well.

IT stocks may continue to see profit booking after another AI rally on Wall Street and strong result from SK Hynix in South Korea. Also keep an eye on stocks like Maruti Suzuki, Bajaj Auto, L&T, PG Electroplast among many other result reactions today.

Watch this space for all the LIVE stock market updates.