Sensex Today | Stock Market LIVE Updates: What could dampen sentiments is the fact that these developments come just as the market had begun to look past them and look forward to the results season that begins today with TCS reporting after market hours. IT stocks will remain in the spotlight today. For the bulls reclaiming 24,000 and sustaining above it will be key.
Sensex Today | Stock Market LIVE Updates: One statement has brought the Nifty 50 back to square one. After Donald Trump’s remarks on the MoU with Iran ending and the subsequent rise in oil prices, the Nifty 50 is back at the levels at which it began the July series, giving up all the gains that took it past the 24,500 mark on Wednesday.
The only positive, if any, was the fact that the bulls managed to defend the 23,800 mark going into today’s Sensex weekly expiry.
What could also dampen sentiments is the fact that these developments come just as the market had begun to look past them and look forward to the results season that begins today with TCS reporting after market hours. IT stocks will remain in the spotlight today. For the bulls reclaiming 24,000 and sustaining above it will be key.
For the Nifty Bank, a close below 57,000 is not something the bulls would like and that will be the first level to watch on the upside. Also keep an eye on stocks like SBI, NALCO, NLC India, Graphite India, Tata Steel and others.
Watch this space for all the LIVE stock market updates.
